Dr. Ahmet Ayanoglu

The Importance and Impact of Audit Committees in Corporate Governance (Beta Publishing, May 2023) Content and Scope of the Book: The first section of this three-part study, which is the first of its kind in Turkey, contains information on corporate governance, the concept of corporate governance, the historical development of corporate governance, its purpose, importance, benefits, differences between traditional management and corporate governance, national and international studies on corporate governance, corporate governance models, corporate governance principles, corporate governance index, board of directors and committees in corporate governance, and reporting and rating of corporate governance. The second chapter contains information on audit committees, covering the concept of audit committees, the historical development of audit committees, the purpose and importance of audit committees, national and international studies on audit committees, the structure, formation, and characteristics of audit committees, their working principles, the place and relationship dimensions of audit committees within the company's organizational structure, and the roles and responsibilities of audit committees. The third chapter presents information on a survey and research conducted specifically on companies listed in the Borsa Istanbul Corporate Governance Index in order to reveal the impact and role of audit committees on corporate governance. The conclusion and recommendations section summarizes the research findings, provides assessments of the findings obtained during the research process, and offers suggestions for increasing the impact of audit committees on corporate governance. In this respect, the study distinguishes itself from other studies by examining audit committees, which play an important role in terms of legal, corporate, and practical implications, in all aspects within the scope of corporate governance, and by providing suggestions for increasing the impact of audit committees on corporate governance. and stability to corporate management and operations. By examining audit committees in all their aspects within the scope of corporate governance, it distinguishes itself from other studies and fills an important research gap in the audit literature by serving as a guide for all companies, particularly publicly traded companies.

At the 14th Internal Audit Awareness Awards Ceremony, held on May 30, 2024, which brought together the business and academic worlds, the study titled “The Importance and Impact of Audit Committees in Corporate Governance,” which was the first of its kind in Turkey and included the participation of companies traded on the BIST Corporate Governance Index, was honored with the “2024 Internal Audit Awareness Award” in the “Special Award” category by TIDE Turkey Internal Audit Institute, one of the most established and strategic professional organizations in our country, which has been operating in Turkey for 30 years with the mission of raising awareness in internal auditing.

Topics Covered in the Book:
- The Concept of Corporate Governance
- The Purpose, Importance, and Benefits of Corporate Governance
- Studies on Corporate Governance in Turkey
- Corporate Governance Practices in Turkey and Around the World
- Corporate Governance Principles
- Corporate Governance Rating and Reporting
- Board of Directors and Committees in Corporate Governance
- Audit Committees in Corporate Governance
- Purpose, Importance, and Benefits of Audit Committees
- Studies on Audit Committees in Turkey and Worldwide
- Structure, Formation, Qualities, and Working Principles of Audit Committees
- Position and Relationship Dimensions of Audit Committees within the Company Organizational Structure
- Duties, Powers, and Responsibilities of Audit Committees
- A Study on Companies Listed on the Borsa Istanbul Corporate Governance Index

The Turkish Budget System and Budget Control (Seçkin Publishing, August 2016) Content and Scope of the Book: The work covers the concept of the budget, its functions, the principles governing budget law, and the budget systems implemented to date. It then examines the types of budgets and analyzes the budget process. The book explains the financial control and audit activities carried out on the public budget in a clear and understandable language, in light of current developments and taking into account constitutional, legal, and institutional regulations. It analyzes the meaning, importance, and types of budget auditing, both in theory and in practice. On the one hand, the book enables practitioners to find information on budget auditing in a single volume, and on the other hand, it serves as a resource for undergraduate, graduate, and doctoral students at universities that include budget courses in their curricula.

Topics Covered in the Book:
- The Concept and Functions of the Budget
- Budget Principles and Budget Systems
- The Budget Process in the Public Budget
- Financial Control and Audit of the Budget
- Internal Control, Ex-Ante Financial Control, and Internal Audit
- External Audit and Legislative Audit
- Audit of Local Authorities and Social Security Institutions' Budgets
- Audit of Regulatory and Supervisory Institutions' Budgets


These works are recommended as reference works at many universities at the undergraduate, graduate, and doctoral levels, are used as textbooks, and are cited in academic studies.