The internal control environment required for achieving strategic targets, ensuring operational efficiency productivity, ensuring the reliability and accuracy of financial information, protecting customer personal data and Company assets, and ensuring compliance with laws, regulations, policies and procedures has been established by the company.
The purpose of Türk Telekom’s Internal Audit Department is to evaluate the effectiveness of risk management, internal control, compliance with legislation and governance processes in Türk Telekom and all group companies so as to perform an independent and unbiased assurance and consulting activity. In order to carry out its activities in an independent and unbiased manner, the Internal Audit Department works directly with the Audit Committee, which is a part of the Board of Directors, with the authority and responsibility derived from the principles approved by the Board of Directors.
The effectiveness of the existing internal controls designed to reduce the risks involved in the business processes and which may prevent the achievement of strategic targets is evaluated in the audit activities. The reasons and effects of the control issues determined during audits are analyzed and management action plans on solving problems are taken by the related units and the Internal Audit Department monitors whether these actions are carried out on time or not. In addition to audit activities, investigation and inspection activities are carried out where necessary.
Internal Audit Department carries out its work in accordance with international internal audit standards. An evaluation at least once every five years by a qualified and independent evaluation team from outside the institution is required by the compliance with standards. In this context, as a result of the quality assessment carried out by an independent organization in 2017, Türk Telekom’s it was confirmed that internal audit department carries out its activities in accordance with international internal audit standards.
Internal Audit Department attaches importance to the professional competence and development of its employees and encourages auditors to have internationally recognized certificates in the audit field of audit. The majority of Internal Audit Department auditors have internationally recognized certificates such as CIA (Certified Internal Auditor), CSA (Certified Information Systems Auditor), CFE (Certified Fraud Examiner) and CPA (Certified Public Accountant). Audit teams carry out financial, operational, information technologies and compliance audits within the framework of their competencies.