Control is not a necessity but a “comfort”

Control is not a necessity but a “comfort”

Although COMFORT is a sought-after and preferred criterion in every aspect of life, we often do not know or ignore whether our businesses, which are our sources of income in economic terms, are financially and financially COMFORTABLE. Trust-based manager and personnel relationships, habits that have been around for a long time, problematic issues that accumulate over time and are not reached out to…

Most businesses are forced to complete their commercial lives without reaching the desired level under the mountain of troubles and problems that accumulate because they are not intervened at the right time.

Businesses are often hesitant to receive auditing services. However, obligations such as disputes, legal and financial responsibilities and obligations are exceptions. In recent years, it has been observed that the tendency of company shareholders and partners, especially family companies, to have Fraud and Account audits has increased.

When compared with the activities, results and report outputs that take place in businesses, they should be within a reasonable assurance framework. Auditing services are generally performed as a check of situations that arise at the end of certain periods, after the work and transactions are completed. However, with internal audit, internal control and in-service audits, internal activities can be monitored with continuous audit techniques created during the period and possible plan-target deviations can be detected during the process. Thus, it is possible to take precautions before the activity period is completed.

 

Inspections carried out in situations and periods that are not mandatory in essence not only reveal the “Trust but Check” approach, but also test the reliability of the company for all parties. Although unexpected situations do not generally occur, it is sometimes possible to encounter completely unexpected audit results.

In a sense, the fact that companies receive special audit services and that the findings and determinations enable improvements and measures for the interests and benefits of that company and its stakeholders is an increase in TRUST and COMFORT.