AUDIT OF PUBLIC EXPENDITURES AND THE ROLE OF COURTS OF ACCOUNT: A COMPARATIVE ANALYSIS

Abstract

The increasing public expenditures of the countries in recent years have brought with it the idea of a more effective audit. Audits have become more stringent and regular, audit staff has been expanded and new regulations regarding auditing have been introduced. In this direction, in our country, the Public Financial Management and Control Law No. 5018 was replaced by the Public Financial Management and Control Law No. 1050, and regulations were made in the law on the Court of Accounts (TCA).

The important issue in audits is how efficient public expenditures are. In our country, budget controls are intensified in order to make public expenditures more efficient. In particular, the external control which is done by the Court of Accounts has an important place in the expenditure audit.

 After explaining public expenditures, this study considers audit and audit types. We explain the audit practices in Turkiye and touch on the mission of the Court of Accounts in audi process. Finally, we shed light on the Court of Account’s practices in various countries.