As it is known, corporate governance is a management approach that aims to protect the rights of all stakeholders (stakeholders) who are directly or indirectly related to all activities carried out by the business, including shareholders, and to reveal the responsibilities and obligations of business management. At the focal point of this management approach lies the principle of protecting the legal rights and interests of all stakeholders directly or indirectly related to business activities and providing stakeholders with an assurance in this regard. Internal audit activities, which provide assurance and consultancy services regarding business activities, play an extremely important role in strengthening corporate governance practices in businesses. Internal audit is an independent consultancy and assurance service established within a business to examine its activities and add value to them.
Since corporate governance practices are determined within the framework of various factors in each country (legal system, corporate culture, etc.), it is not possible to talk about a standard corporate governance model valid for every country. It is seen that the concepts of equality, transparency, accountability and responsibility appear as common principles in corporate governance approaches. These four basic principles of corporate governance are associated with each other based on the principle of performance measurement and development, and thus, companies are expected to both create value for their shareholders and work in harmony with social values.
Businesses aiming for continuous growth and development in global competition need corporate governance activities to ensure corporate governance quality.
As En Quality Consultancy, we create a system by determining company management and auditing in corporate management consultancy. Corporate Governance practices have significant benefits for stakeholders as well as for the company. When we look at the issue from the perspective of companies, high quality of corporate governance means low cost of capital, increased financing opportunities and liquidity, overcoming crises more easily, and well-managed companies not being left out of the capital markets (Çonkar, 2011, 87). Good corporate governance practices in companies offer significant benefits to investors. Transparency, which is the basic element of good corporate governance practice, contributes to investors' access to timely, understandable, qualified and reliable information regarding the activities of the companies they intend to invest in. The serious consequences of violating the principle of transparency in companies have been observed in the financial crises and company scandals in recent years. The lack of development of corporate governance understanding in companies and the lack of good functioning of the principle of transparency have caused investors to not be able to access timely, sufficient and accurate information and to be defrauded.
Corporate management approach; It is a system in which management, board of directors, audit committee, internal and external (independent) auditors take roles and responsibilities.
MANAGEMENT IN CORPORATE GOVERNANCE CONSULTANCY AS THE TOP QUALITY CONSULTANCY
1 - Management
· Reviewing and approving the Company's basic strategies together with the Board of Directors, monitoring the Company CEO and company activities,
· Monitoring the risks that the company may encounter and the company's control systems against these risks,
·Monitoring actions and activities to ensure fairness in the relations between the company's shareholders and stakeholders.
2 - Audit
· To establish an audit mechanism on behalf of the board of directors by monitoring the effectiveness of internal and external auditing, its added value, the functioning and adequacy of accounting, financial reporting and internal controls.
· Monitoring and evaluation of the financial reporting process
· Creating Risk Management and Internal Control Systems
3 - Internal Audit
