scholarly journals Treasury Single Account And Financial Discipline: A Causality Analysis

2021 ◽  
Vol 23 (11) ◽  
pp. 484-499
Author(s):  
Sunday A. Effiong ◽  
◽  
Okoi, John Obono ◽  
Nwafor Chidi Benson ◽  
Ahakiri, F. Idiege ◽  
...  
Keyword(s):  
Control System ◽  
Federal Government ◽  
Internal Control ◽  
Government Revenue ◽  
Causality Analysis ◽  
Public Servants ◽  
Critical Variable ◽  
Internal Control System ◽  
Monitoring Group ◽  
And Control

Government revenue is the most critical variable that determines the level of expenditure, investment and growth of the economy. This study assessed the pre government revenue and the post government revenue generation outcomes using Treasury Single Account’s effective year of implementation as the baseline in Nigeria. The study sought to assess whether or not government revenue had changed significantly on the adoption of TSA. To drive this objective, government revenues were collated for 2010 – 2014 (pre TSA) and 2015-2019 (post TSA) from the Statistical Bulletin of the Central Bank of Nigeria. The study applied the paired sampled t-test to determine whether or not government revenue had increased significantly in the post TSA years of adoption. Findings showed that there is a significant increase in government revenue after the adoption of TSA in Nigeria. Following this finding, the study recommended that internal control system should be strengthened in government Ministries and Parastatals to forestall revenue leakages, and that public servants should be properly trained on the efficient application of TAS software. Also, the federal government should put in place Budget Monitoring Group to constantly monitor revenue targets and control expenditure limits.

scholarly journals PENERAPAN SISTEM PENGENDALIAN INTERN TERHADAP PEMBERIAN KREDIT PADA PT PEGADAIAN (PERSERO) UNIT PELAYANAN CABANG KALIWUNGU

2020 ◽  
Vol 3 (1) ◽  
pp. 39
Author(s):  
Arini Amalia Rahma ◽  
Siti Mutmainah
Keyword(s):  
Risk Assessment ◽  
Control System ◽  
Internal Control ◽  
Qualitative Data ◽  
Secondary Data ◽  
Primary Data ◽  
Control Environment ◽  
Internal Control System ◽  
Information And Communication ◽  
And Control

<em>Internal control is a process carried out by the company to provide adequate guarantees for achieving control objectives. The objective of this Research is to find out the current internal control system that is applied at PT Pegadaian (Persero) Kaliwungu Branch Service in the process of granting credit. The next objective is to identify whether the components of internal control applied are according to COSO. The data used are qualitative data, primary data, and secondary data. The methods of collecting data are interview, observation, and questionnaire. For writing the Research uses descriptive and exposition methods. There are five components of internal control according to the Committee of Sponsoring Organization (COSO), they are Control Environment, Risk Assessment, Control Activities, Information and Communication, and Monitoring. The results of the discussion in the Research shows that the application of the internal control system for granting credit at PT Pegadaian (Persero) Kaliwungu Branch Service is in accordance with COSO internal control component, but the Control Environment and Control Activities has not been fully implemented.</em>

Applying the process approach in setting up the system of internal control in economic entities

2021 ◽  
Vol 20 (12) ◽  
pp. 2313-2323
Author(s):  
Zhanna A. KEVORKOVA ◽  
Natal'ya G. SAPOZHNIKOVA
Keyword(s):  
Control System ◽  
Internal Control ◽  
Business Processes ◽  
Risk Identification ◽  
Process Approach ◽  
Control Practice ◽  
Economic Entity ◽  
Internal Control System ◽  
Theoretical Generalization ◽  
And Control

Subject. The article addresses the organization and implementation of process approach when setting up a system of internal control of an economic entity, which ensures the management of effectiveness of divisions’ activities. Objectives. We aim at investigating the organization of the internal control system of an economic entity, based on its activities, accounting policies, classification of business processes, and risk identification. Methods. The study rests on methods of theoretical generalization, structural grouping, logical analysis, as well as the analysis of scientific and practical literature and accounting and control practice. Results. The analysis of practices revealed a number of problems in the implementation of the process approach in the accounting and control activities of economic entities, in particular, insufficient understanding and unpreparedness of management to implement the process approach, the lack of a system for regulating business processes, the lack of interconnection between the system of control indicators and the created business processes. It is advisable to divide the process of organizing the internal control system into a number of stages, i.e. the definition of activities, typology of business processes, risk identification, testing the internal control system’s quality. Conclusions. The introduction of the process approach in organizing an internal control system involves the systematization of information, depending on the nature of the business process, requiring permanent updating. The emergence of non-standard situations makes it necessary to adjust the boundaries of business processes. The resources of accounting business processes are personnel, software, equipment, and other infrastructure elements.

PENGARUH SISTEM PENGENDALIAN INTERN PENJUALAN TERHADAP EFEKTIVITAS PENJUALAN: STUDI KASUS PT. INTI (PERSERO) BANDUNG

2017 ◽  
Vol 11 (1) ◽  
pp. 63
Author(s):  
Andhika Ariadharma
Keyword(s):  
Control System ◽  
Data Collection ◽  
Internal Control ◽  
Rank Correlation ◽  
Research Literature ◽  
Business World ◽  
Major Activity ◽  
Internal Control System ◽  
And Control

Sales is a major activity in companies that need to be taken seriously, because with the sale of thecompany to earn a profit for the company's survival. Given the importance of sales activity within thecompany, it is necessary to control the sale as well. Sales activity should be planned and carried outeffectively and efficiently as possible in order to profit the company can achieve the optimum point,and the company can also handle and control the sales activity well in line with the growing companyand competition in the business world. In this study, the researchers conducted a case study usingdescriptive analysis research methodology of data collection is done by questionnaires, interviews,observation, and research literature. The method used to test the hypothesis is a statistical method ofSpearman Rank correlation. Based on the results of questionnaires and hypothesis testing is done, theresults obtained by calculating the percentage of 69.22% so it can be concluded that the InternalControl System Sales is designed PT INTI (Persero) is very influence on sales effectivitness.Keywords: Internal Control System Sales, Sales Effectivitness

scholarly journals Regulation of Safety and Quality of Osteopathic Healthcare

2016 ◽  
pp. 6-13
Author(s):  
G. . Yeremin ◽  
Е. . Тregubova ◽  
Е. . Mokhova
Keyword(s):  
Control System ◽  
Medical Care ◽  
Russian Federation ◽  
Internal Control ◽  
Quality And Safety ◽  
Expert Evaluation ◽  
Internal Control System ◽  
The Russian Federation ◽  
And Control

The article presents an analysis of the regulating system, an experience of the expert evaluation and control of the quality and safety of the medical care in the Russian Federation and in its constituent units. The paper considers aims, targets, ways and criteria of the expert evaluation and control of the quality and safety of the medical care with regard to the osteopathic medical care. Authors also give recommendations concerning the organization of the internal control system of safety and quality of the medical care provided by the osteopaths.

Cluster analysis in the control over the activity of insurance companies

2020 ◽  
Vol 19 (3) ◽  
pp. 541-563 ◽  
Author(s):  
A.A. Turgaeva
Keyword(s):  
Cluster Analysis ◽  
Control System ◽  
Internal Control ◽  
Insurance Companies ◽  
Data Sampling ◽  
Mathematical Methods ◽  
Statistical Research ◽  
Internal Control System ◽  
And Cluster Analysis ◽  
And Control

Subject. The article considers clustering of insurance companies as a type of informatization of economy for practical application by the internal control system. Objectives. The purpose is to present clusters and give their interpretation for insurance companies in relation to internal control; identify the possibility of clustering, using the Deductor Studio platform developed by Base Group for internal control systems. Methods. The study employs techniques of statistical research and data processing, mathematical methods, methods of grouping, and cluster analysis. Results. Clusters are presented by several indicators of insurance companies. The study reveals heterogeneity in the results of distribution according to the rating of companies in terms of various indicators. It confirms the need to use the cluster analysis in the internal control system. Conclusions. Cluster analysis enables the internal control system to take into account all data regardless of their amount, and avoid data sampling. It reduces the level of errors in the results of analysis and control.

Automation of the Approval and Control Process of Documents

2012 ◽  
pp. 289-302
Author(s):  
Rui Pedro Figueiredo Marques ◽  
Henrique Manuel Dinis dos Santos ◽  
Carlos Alberto Lourenço dos Santos
Keyword(s):  
Control System ◽  
Internal Control ◽  
Radio Frequency Identification ◽  
Organizational Context ◽  
Control Process ◽  
Pivotal Role ◽  
Continuous Auditing ◽  
Internal Control System ◽  
Frequency Identification ◽  
And Control

Traceability systems, including the approval and control of documents, are increasingly assuming a pivotal role in the workflow of information across an organization and they can be classified as an element of any internal control system at the organizational context which contributes for a continuous auditing and helps to manage and minimize organizational risk. RFID (Radio Frequency Identification) is a technology that can enable the development of architectures which provide an adequate response to this requirement of internal control. Thus, this chapter, as main objective, raises awareness of the importance of these systems in an organizational environment. Moreover this chapter’s objective is to propose a modular and flexible solution which simultaneously traces, monitors, and searches the flow and location of documents in an organization, using RFID technology.

scholarly journals Peculiarities of accounting and control of current liabilities of the enterprise

2021 ◽  
Vol 11/3 (-) ◽  
pp. 29-31
Author(s):  
Alina SEMENETS ◽  
Tetiana DUPLINAT
Keyword(s):  
Control System ◽  
Internal Control ◽  
Economic Activity ◽  
Accounting System ◽  
Domestic Economy ◽  
Economic Activities ◽  
Internal Control System ◽  
The Future ◽  
Control Work ◽  
And Control

Introduction. The crisis state of the domestic economy and a number of other factors require domestic enterprises and other levels of management to take prompt and drastic measures aimed at increasing the level of management. One of the promising and proven directions for increasing the efficiency of the management level is the increase and qualitative growth of the accounting system and the internal control system. One of the most important and difficult areas of accounting and control work (determining the final results of the financial and economic activities of the enterprise and its financial condition) is the accounting and control of liabilities, primarily current ones, this is what determines the direction of this research. The purpose of the paper is to improve the accounting and control of current liabilities by developing measures to eliminate violations and prevent them in the future. The methodological basis was dialectics, philosophical methodological methods of cognition. Results. The paper examines approaches to clarifying the definition of “current liabilities”. The most significant problems of modern economic activity of the domestic economy are investigated: low contractual discipline, crisis of non-payments, global chronic violation of the terms and conditions of payment for liabilities, primarily for current liabilities. A number of measures were proposed to eliminate violations in accounting, control current liabilities and prevent them in the future; non-admission in the practice of economic activity, accounting and control of delays in the terms and conditions of payment for liabilities. The studies have shown the need to improve the level of planning and contractual discipline, financial planning, improving document flow, accounting and control work at the enterprise. Conclusion. The main conclusions of the study are: the need for further research on this issue; introduction of a payment schedule for liabilities; the need to develop a methodology for checking current liabilities by the internal control system, compliance with contractual discipline; scheduled regular inspections of facilities and processes related to accounting and control of current liabilities.

scholarly journals INTERNAL CONTROL SYSTEM: STRUCTURE, SELF-DEVELOPMENT AND SELF-CONTROL

2018 ◽  
Vol 8 (39) ◽  
pp. 15-22
Author(s):  
Yurii Kiiko
Keyword(s):  
Control System ◽  
Internal Control ◽  
Supervisory Board ◽  
Internal Audit ◽  
Self Control ◽  
System Structure ◽  
Primary Control ◽  
Internal Control System ◽  
Security Compliance ◽  
And Control

Without a coordinated, limited control risk resources cannot be effectively used, and significant risks cannot be identified and properly managed. Internal control is clearly structured and has a vertical hierarchy. The system of internal control consists of three levels and each of them inherent function of improvement of the previous one. The lowest level of control is the control of managers departments as well as primary control during operations with production department. The second level of internal control is the specialized control departments, such as: financial control, security, compliance, risk management, quality management of service or manufactured products, and so on. The functions of these divisions are the development of activities methods in their working area and control implementation of this methods, or compliance with external / legal regulations. Within the limits of their authority, the subjects of control at this level of internal control also develop / propose changes to the control methods (within their competences) which are applied to the first level. The third level is the level of internal audit. The function of internal audit is directed at two main lines: control of operations and settlements; assessment and improvement of the internal control system. Therefore, internal audit, has one of the main tasks, it is the improvement and control of the subjects of the first and second levels of the internal control system. Improvement and development of internal audit is carried out through self-assessment and external evaluation of internal audit (commissioned by the Supervisory Board).

scholarly journals Research of Accounting and Control Support for Equity Management of a Commercial Company

2021 ◽  
Vol 8 (1) ◽  
pp. 24-36
Author(s):  
D. A. Lavrov
Keyword(s):  
Control System ◽  
Internal Control ◽  
Equity Capital ◽  
Factors Affecting ◽  
Commercial Company ◽  
Internal Control System ◽  
The Russian Federation ◽  
And Control ◽  
Equity Management ◽  
Commercial Organization

The efficiency of equity management of any commercial organization largely depends on the information generated within its accounting and control system (ACS). The paper describes the study of accounting and control support for managing a company’s equity capital. The theoretical and methodological basis of the study bottoms on works of scientists in the researching scape, regulatory legal acts on accounting and auditing in the Russian Federation. The work clarifies the conceptual apparatus, an interrelation the notions as ‘accounting and control support’ and ‘accounting and control system’; founds a place of the last notion in the system of information management of a commercial company as well as the author defines the concept of ‘accounting and control support of equity capital management’. Moreover, there have been identified factors affecting the set of specific tools which have been using in the accounting and control system of each commercial company. The main results of the study can be used by chief accountants and auditors in the development and improvement of accounting and internal control system of a commercial company.

Hubungan Korelasional Antara Kompetensi Manajerial dan Sistem Kontrol Internal Terhadap Kinerja Keuangan Pemerintah Provinsi Gorontalo

2018 ◽  
Vol 1 (1) ◽  
pp. 68
Author(s):  
Onong Junus ◽  
Julie Abdullah
Keyword(s):  
Control System ◽  
Financial Performance ◽  
Internal Control ◽  
Structural Equation ◽  
Equation Model ◽  
Provincial Government ◽  
Correlation Relationship ◽  
Managerial Competence ◽  
Internal Control System ◽  
And Control

This study aimed to analyze the correlation relationship between managerial competence and control systems to the financial performance of Gorontalo Provincial Government. A total of 648 employees of the finance department and samples taken as many as 247 respondents by formula Slovin. Data from the questionnaires were analyzed using Structural Equation Model using AMOS aid 18.The results found that the internal control system directly and not significant positive effect on financial performance. Means the internal control system has been implemented, but has not been able to achieve results that match the input, process, output, outcome, benefit and impact as an assessment of the organization's financial performance. Direct managerial competence dominant influence positive and significant impact on the financial performance of the organization. Means an employee-owned managerial competence are good and support the achievement of the work in the field of appropriate financial inputs, processes, outputs, outcomes, benefits and impact as well as the assessment of financial performance to the principles of management in the financial sector.

Sign in / Sign up

Export Citation Format

Share Document