EFFECTIVENESS OF FINANCIAL REPORTS AFTER INSTITUTIONALISATION OF FIRMS: APPLICATIONS IN SOME COMPANIES IN TURKEY
Keywords:
Independent Audit, Corporate Governance Principles, Fault and FraudAbstract
After the concepts of transparency, equity, accountability and responsibility, which are included in literature as corporate governance principles, are adopted by firms and auditors to audit such firms, the conditions forming the environment of reliance such as implementation and disclosure of accounting standards, protection of interests of all stakeholders and avoiding any interest conflict, availability of rules and planning internal and external audits will be created. The purpose of this study is to contribute to the literature checking whether faults or frauds have been reduced following creation of corporate governance principles and the environment of reliance adopted not only by firms but by independent audit firms.
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