AUDIT AS A COMPETITIVE ADVANTAGE OPPORTUNITY

Currently, businesses are struggling to maintain their presence , work at full capacity and increase their profitability amid the global competitive environment and growing crises.   Therefore, the effective use of assets, the reliability of Financial Reporting, Fraud and abuse prevention, compliance with laws and regulations efficient design of business processes ,cost minimisation and adds value to businesses and increases the level to compete.

Another fact that has emerged in recent years is that error and cheating rates have increased in enterprises. According to a study by the International Association for the study of misconduct (ACFE), a typical organization loses 5% of its revenue each year due to asset abuse, corruption and Financial Statement abuse. Compared to the world gross product with this data, it is understood that there is a global loss of $ 3.7 trillion due to abuse. It is not right to look at these losses as simply the theft of operating income. Every business, regardless of its scale, expresses value for the country's economy, and the losses and abuses suffered by these businesses actually mean money stolen from the pocket of that country's individual.

According to the scale of enterprises, the most common types of abuse are corruption, bill abuse, check tampering, expense abuse, payroll abuse, financial statement abuse, cash availability theft, cash register payment abuse and stock abuse. Technological advances and the continuous development of the global business environment also make it difficult to identify these abuses.  Institutions not only face internal threatening abuses, but also have to integrate corporate risk management into the company's structure by taking proactive measures to combat external threats.

In order to help institutions achieve their goals, the risk management, control and corporate governance processes of that institution are evaluated and audit activities are taken to improve and improve these processes. In addition, risk maps of institutions are determined and corrections and advantages are provided on the following issues: