Özet:
From the viewpoints of internal auditors and external auditors on banks
located in Istanbul, this study looked for to discover the variables influencing the
interaction between internal audit alongside external audit, as well as their effects on
improving the internal control system and lowering the cost of external audit. In
order to achieve its aims, the study developed a questionnaire that was appropriate
for the study's subject and objectives, and (262) questionnaires were delivered to
external auditors who do audits on banks and to internal auditors employed by banks
operating in Istanbul. Utilizing (262) questionnaires with a 100% recovery rate, the
study employed the descriptive statistical analysis technique to identify and evaluate
the study variables. The study's conclusions demonstrated how vital it is for internal
audit with external audit to play complimentary roles in attaining performance for
banks by bolstering the internal control system and minimizing the external auditor's
fees. The audit committee is crucial in encouraging the mutually beneficial
connection between the internal auditor and the external auditor as well as the
external auditor's dependability on the internal auditor's function. It is also crucial in
fostering the two parties' dedication to continuous learning in order to foster mutual
competent trust. These elements all work together to enhance the partnership,
coupled with the two sides' regular and efficient communication and consultation.
The study's conclusion included a number of recommendations. The audit committee
must correctly do its duty by outlining requirements that will improve the chance of
cooperation between internal and external auditors, with that being the most
important.. The professional should remain up to date on developments in the
banking industry and be willing to interact and discuss their business goals in order
to reduce redundancy and complete effective audits
