The Financial and Development Supervisory Agency forms Siskeudes to facilitate the village governance system and the village funds management. Internal control is one of the essential components to ...mitigate the risk of misuse of village funds. This study aims to analyze the implementation of internal control and the effectiveness of the implementation of internal control in controlling risk in the Siskeudes using the indicators listed in the Minister of Village Regulation Number 19 of 2015. The research was conducted in Gedangan Village using a qualitative descriptive method. The data was obtained through the process of interview and observation, analysis technique used is data triangulation. The results and discussion of the study indicate that the internal control in the village financial system has been implemented quite effectively because there are internal control efforts applied to each indicator in Minister of Village Regulation Number 19 of 2015. However, there is still a potential fraud because several internal control indicators that have been implemented not been followed up appropriately and periodically
The main focus of the study is to identify obstacles in implementing the Government's Internal Control System (SPIP), primarily related to low commitment and lack of sincerity in the documentation ...process. This study aims to evaluate the government's internal control system at Sunan Kalijaga State Islamic University Yogyakarta. The study aims to explore relevant management principles, formulate a SWOT analysis model, and identify obstacles to managing the government's internal control system. This study used a mixed approach between qualitative and quantitative to analyze the effectiveness of SPIP. Data collection techniques include interviews, documentation studies, and questionnaire dissemination. Data were analyzed thematically for qualitative information from interviews and documentation studies, while descriptive statistical methods analyzed quantitative data from questionnaires. The results showed an increase in risk governance with a value of 4,205 in the managed and measurable category, creating an anti-corruption organizational culture. The SWOT model finds a Strengths Opportunities (SO) strategy focusing on maximizing internal strengths and exploiting external opportunities. The implication of this research is the need for leadership support to strengthen control systems, educate staff, and utilize technology to increase efficiency in documentation.
Purpose: To analyse the perception of auditors from a federal public network HEI on the institutionalization of internal control practices.
Methodology: The questionnaire was administered to internal ...auditors from a federal public network HEI, and the content of their answers was analysed using Iramuteq® software. The software resources used were factor analysis, similarity analysis and word clouds. These resources served to capture the intended meanings in the set of answers of the three research participants and how their words are associated with the institutionalization of control practices.
Results: The auditors presented a more critical perception of the institutionalization process in the sedimentation phase of internal control practices, although they reported aspects that confirm actions corresponding to all phases of this process in the focal HEI.
Contributions of the Study: This study confirms that internal auditors from a public HEI in the federal network better perceive the practices of internal control when they are in the sedimentation phase, which influences their evaluation of these university practices.
The research aims to test the influence of organizational commitment, internal control, and compliance with legislation on the achievement of increased domestic product usage (P3DN), with ...e-Procurement as a moderating variable. It utilized a sample of 140 procurement officials in the West Lombok district government and was analyzed using SEM-PLS technique. Organizational commitment, internal control, and law compliance have a significant and positive impact on achieving the policy of increasing domestic product usage (P3DN). Meanwhile, e-procurement reinforces the influence of organizational commitment on the achievement of increased domestic product usage (P3DN), but it's unable to strengthen the impact of internal control and law compliance on achieving increased domestic product usage (P3DN). These research findings align with the Goal Setting Theory and the Stakeholder Theory of Planned Behavior concerning stakeholder behavior in achieving organizational goals. Strengthening the e-procurement system is necessary, along with increasing awareness and training for procurement officials regarding the importance of using domestic products. Reevaluation of the existing rules and sanctions regarding domestic product usage is crucial for enhancement, and improving interdepartmental cooperation is essential for implementing P3DN and e-procurement policies. A more effective monitoring and evaluation system is needed to measure the performance of e-procurement in reinforcing internal control and compliance with P3DN regulations.
ABSTRACT
In this study, we examine whether firms respond to internal control weaknesses (ICWs) by requiring accounting-specific skills when hiring rank-and-file employees. Using unique data ...containing an extensive collection of job postings, we document significant increases in firms’ job postings that list accounting skills after the disclosure of an ICW. This effect is more pronounced for firms with better financial resources and when ICWs are more severe or personnel-related. In addition, our results extend to employees that are not specifically designated as accountants, suggesting a broader role for rank-and-file employees in influencing internal control quality. Finally, we find that increases in job postings with accounting skill requirements are associated with improvements in internal controls and a higher likelihood of ICW remediation. Overall, our findings shed new light on how firms respond to ineffective internal controls by increasing their emphasis on accounting skills in their workforce.
Data Availability: Data are publicly available from the sources identified in the text.
JEL Classifications: G30; J23; M41; M42.
This study aims to determine how and whether the inventory cycle internal control system applied to PT. PPG Surabaya has been running effectively. The research method used is a qualitative method. ...Data collection techniques are observation, interview, documentation and literature study. The results of the research conducted indicate that the inventory cycle internal control system applied at PT. PPG Surabaya has not been implemented effectively and in accordance with COSO and CSA standards which consist of five elements of the internal control system, namely the control environment, risk assessment, control activities, information and communication as well as supervision and monitoring. The advice that can be given is that the control system should be carried out not only manually, but also must be supported by the use of existing technology applications.
Abstract
Driven by the rapid development of the information age, information technology has been widely used in various fields, especially in the accounting work of enterprises. From the perspective ...of information risk, the improvement of computer technology and the degree of informationization not only bring the informationization and high efficiency of enterprise accounting treatment, but also bring many risks. In the face of increasingly fierce market competition, in order to achieve better development, we must attach importance to internal control audit, continuously improve work quality and efficiency, and win a longer-term development prospect for enterprises. In the face of increasingly fierce market competition, in order to obtain better development, we must attach importance to internal control audit, constantly improve the quality and efficiency of work, so as to win a more long-term development prospect for enterprises. This paper discusses the internal control audit of enterprises under the condition of accounting computerization, and puts forward the corresponding countermeasures to improve the internal control and audit of computer accounting in Chinese enterprises.
PurposeThis article aims to identify management practices that evidence how internal control have been considered essential, from the edition of the State Constitutional Amendment no. 75 of 2012, ...within the public administration of the executive branch of the State of Ceará, during the period 2012–2021.Design/methodology/approachThe study relates the identified management practices to COSO (The Committee of Sponsoring Organizations) methodology “Internal Environment” component categories. The research is classified as basic, exploratory and bibliographic, on the theme of internal control in scientific articles published between 2015 and 2021, and documental, carried out through official documents, including the 27 Brazilian constitutions.FindingsExistence of management practices that corroborate the essentiality of internal control in Ceará.Research limitations/implicationsThe study is limited to evidencing the control practices implemented in Ceará, not evaluating them as to their quality.Practical implicationsContributions on control on constitutional-legal bases for other Brazilian Federation States.Social implicationsPossibility of introducing the research theme into various branches of scientific knowledge, such as political science and contributing to public organizations to implement policies with the proper application of resources for the benefit of society.Originality/valueThe originality of the research is in demonstrating the essentiality of internal control in the State of Ceará, from the edition of management acts performed by the executive branch, based on Constitutional Amendment 75 of 2012, which did not become a dead letter of the law, enabling other states of the federation to do the same.
This study addresses the issue of mechanisms and tools for combating and investigating fraud in financial reporting, in the context of an amplification of this phenomenon over the last decades. The ...aim of the paper is to highlight the importance of the internal control system in this area, by reference to the most widespread formal framework for the implementation of the internal control system, namely the COSO model. The analysis undertaken is limited to providing an overview of the main concerns of financial auditors in relation to internal controls in terms of the key audit issues revealed in the audit report over a period of five years. Through this analysis, we wish to draw attention to the limitations of the internal control system and the need for awareness of the ethical factor in decision-making.
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