scholarly journals The Research of Factors Affecting the Effectiveness of Internal Control Systems in Commercial Banks-empirical Evidence in Viet Nam

2016 ◽  
Vol 9 (7) ◽  
pp. 144 ◽  
Author(s):  
Ho Tuan Vu
Keyword(s):  
Interest Groups ◽  
Control Systems ◽  
Internal Control ◽  
Political Institutions ◽  
Commercial Banks ◽  
The Other ◽  
Viet Nam ◽  
Factors Affecting ◽  
Information And Communication ◽  
Communication Control

<p>The purpose of this research was to determine the factors that affect effectiveness of internal control systems in commercial banks in Vietnam. Through the method of qualitative research and quantitative based on reliability Cronbach's Alpha, exploratory factor analysis (EFA) and multiple regression analysis (MRA). According to the report of COSO, BASEL organizations and the other authors, control environment; risk assessment; information and communication; control activities and monitoring could affected the effectiveness of internal control systems in commercial banks. In addition, this research has indicated that there are two new factors have an impact on the effectiveness of internal control systems in commercial banks in Vietnam: political institutions and interest groups.</p>

scholarly journals المحددات التي تواجه نظام الرقابة الداخلية في بيئة المصارف التجارية

2017 ◽  
Vol 3 (4) ◽  
pp. 179
Author(s):  
Journals UHD ◽  
Dana Akram Faqe Mahmood ◽  
Shilan Arf Ahmad
Keyword(s):  
Control Systems ◽  
Internal Control ◽  
Commercial Banks ◽  
Banking Sector ◽  
Commercial Banking ◽  
Negative Effects ◽  
Internal Auditor ◽  
Regulatory Systems ◽  
Policies And Procedures ◽  
Banking Institutions

This study was conducted to examine the work of internal control systems in banking institutions. It focused on studying the determinants facing the internal censorship system in the commercial banking sector by identifying the deficiencies and shortcomings in the regulatory systems and their negative effects from financial and administrative failure, the overall weak performances and etc, and also by determining the main reasons and obstacles that prevents the application from development of the internal censorship systems in commercial banks. A practical study had been made on a sample of the commercial banks operating in Sulaymaniyah governorate .In order to achive the goal, five commercial banks were used to collect the data from. The researchers used questionairre while collecting data in which they entered the information and data were processed automatically and through statistical models in order to test hypotheses and prove them. The results of the statistical analysis showed that there is a strong correlation between the variables of the research hypothesis and the internal censorship's objectives and the constraints facing to their application in the commercial banking sector of a degree at (0.607). The results showed that the increase of the determinants of the work of internal censrorship systems affected the achievement of the objectives that pursuied by the internal censorship in commercial banks in specifics. The researchers reccomended that there should be a commitments to the laws , accounting policies and procedures that applied to protect the assets especially by the commercial bank's management and to detect errors , fraud and manipulation to support the independency of the work of internal auditor and activate its role to achieve the objectives targeted by the internal censorship systems in commercial banks.

scholarly journals AVALIAÇÃO DE PARÂMETROS DE QUALIDADE EM AGUARDENTES DE CANA PRODUZIDAS NO ESTADO DA PARAÍBA

2004 ◽  
Vol 22 (1) ◽  
Author(s):  
ANA KATARINA DOS SANTOS LIMA ◽  
IAN CARNEIRO DA CUNHA NÓBREGA
Keyword(s):  
Control Systems ◽  
Internal Control ◽  
Sugar Cane ◽  
Copper Concentration ◽  
Quality Parameters ◽  
Average Concentration ◽  
The State ◽  
The Other ◽  
Volatile Acidity

Parâmetros de qualidade de 10 marcas comerciais de aguardente de cana, produzidas no Estado da Paraíba, foram avaliados tendo como referenciais os padrões estabelecidos pelo Ministério da Agricultura brasileiro (graduação alcoólica, acidez volátil e cobre). Apenas duas marcas de aguardente de cana apresentaram graduação alcoólica de acordo com os valores especificados nos rótulos. Todas as marcas analisadas enquadraram-se nos padrões de acidez volátil, embora uma tenha apresentado valor relativamente elevado. A concentração de cobre na mesma amostra superou em 70% o limite tolerado pela legislação (5 mg/L), sugerindo que a alta acidez volátil contribuiu para maior arraste de cobre para o destilado. Nas demais marcas, a concentração média de cobre foi de 2,5 mg/L. Verificouse a necessidade de implantação de melhoria nos sistemas de controle internos das destilarias para que os produtos atendam os padrões estabelecidos pela legislação. ASSESSMENT OF QUALITY PARAMETERS OF BRAZILIAN SUGAR CANE SPIRITS PRODUCED IN THE STATE OF PARAIBA Abstract Quality parameters of 10 commercial brands of sugar cane spirits, produced in the state of Paraíba were evaluated using as references the established parameters by the Brazilian Ministry of Agriculture (alcoholic content, volatile acidity and copper). Only two brands of sugar cane spirits showed the alcoholic concentration in accordance to the values specified on their label. All analyzed brands were within the limits specified for volatile acidity, although one showed relatively high value. The copper concentration in the same sample exceeded 70% the level tolerated by regulations (5 mg/L), suggesting that the high volatile acidity contributed for the removal of copper for the distillate. In the other brands, the copper average concentration was of 2.5 mg/L. It was verified the need for an improvement in the internal control systems of the distilleries so that the products assist the standards established by regulations.

scholarly journals The Planning for the Auditing Process in the Jordanian Commercial Banks from Perspective of the External Auditors

2019 ◽  
Vol 11 (7) ◽  
pp. 40
Author(s):  
Atef Aqeel Al-Bawab
Keyword(s):  
Control Systems ◽  
Internal Control ◽  
Commercial Banks ◽  
Analytical Approach ◽  
Arithmetic Mean ◽  
T Test ◽  
Audit Process ◽  
External Auditors ◽  
External Auditor ◽  
Audit Standards

The study aimed to identify on the planning for the auditing process in the Jordanian Commercial Banks from perspective the external auditors. The researcher followed the descriptive and analytical approach to collect the data, and the researcher used the questionnaire to know the opinions of the external auditors about the idea of the study. The descriptive measures, such as the arithmetic mean, also the (T-test) were used to test the hypothesis of the study. The most important results of the study was there is planning for the audit process in the Jordanian commercial banks and the external auditor examines all aspects of the Bank&#39;s activities and banking products which provide to the clients. As recommended by the study by the need to develop an audit plan that is consistent with audit standards and audit profession in the commercial banks of Jordan and The need to expand the work of questionnaires that examine the internal control systems in the banks.

scholarly journals An experimental examination of judgments of Chinese professional auditors in evaluating internal control systems

2015 ◽  
Vol 12 (4) ◽  
pp. 791-806
Author(s):  
Bella Zhuoru Zheng ◽  
Chris Patel ◽  
Elaine Evans
Keyword(s):  
Theoretical Model ◽  
Control Systems ◽  
Internal Control ◽  
The Other ◽  
Experimental Examination ◽  
Research Findings ◽  
Internal Control Deficiencies ◽  
Anglo American ◽  
Chinese Auditors ◽  
Audit Approach

Researchers have tended to assume that Anglo-American theories and practices are equally applicable to other countries with their unique contextual environments. The aim of this research is to show that the theoretical model and empirical research findings in Anglo-American countries, with respect to evaluation of internal control systems, are not applicable to China. Specifically, there are two approaches to evaluate internal control systems: one is a risk-based audit approach, and the other is a control-based audit approach. Morrill, Morrill, and Kopp (2012) show that Canadian accountants who relied on a risk-first approach identified significantly more internal control deficiencies than accountants who relied on a control-first approach. Contrary to the research findings in Canada, this study provides experimental evidence that Chinese auditors who relied on a control-first approach identified significantly more internal control deficiencies than auditors who relied on a risk-first approach. The findings have implications for global convergence of auditing practices.

Do management practices and competition levels increase commercial bank profits? Evidence from Can Tho, Viet Nam

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Chi Huu Phuong Ho ◽  
Kiet Tuan Nguyen
Keyword(s):  
Commercial Banks ◽  
Management Practices ◽  
Banking System ◽  
Viet Nam ◽  
Cross Sectional ◽  
Content Type ◽  
Factors Affecting ◽  
Management Quality ◽  
Competition Level ◽  
Bank Profits

PurposeManagement practices and competition levels have been shown as important factors affecting the performance of enterprises that do not include banks. The paper, thus, aims to measure management practices and to study the effect of management quality and competition level on the performances of the first-level branch of commercial banks in the context of the Viet Nam banking system.Design/methodology/approachThe study employed the approach of Bloom and Van Reneen (2007) to quantify management practices of the commercial banks. The level of competition was measured by the number of competitors suggested by Nickell (1996) and the index suggested by Boone (2008). Finally, the effects of management practices and competition level on the bank performances were jointly estimated through a Cobb–Douglas production function, similar to the one used by Bloom et al. (2014).FindingsThe results show that the management practices score is, on average, above the average. While the management practices are found to positively correlate with profits, the competition level is found to significantly reduce bank profits.Research limitations/implicationsCross-sectional data limit the findings of the paper to a point of time. In the future, studies with panel data are desirable.Practical implicationsThe findings of the study help bank managers to make more informed decisions about management practices. Any policy promoting new entrants to the banking market should be carefully considered.Originality/valueThe paper is the first to measure the management practices of commercial banks and to explore the impacts of management quality and competition level on bank performances.

scholarly journals Factors impact on the effectiveness of internal control systems in credit facilities in Binh Thuan province commercial Banks

2020 ◽  
Vol 10 (2) ◽  
Author(s):  
Nguyen Kim Phuoc ◽  
Vo Thi Que Ngoc
Keyword(s):  
Control Systems ◽  
Internal Control ◽  
Commercial Banks ◽  
Multivariate Regression ◽  
Multivariate Regression Analysis ◽  
Management Control ◽  
Control Procedure ◽  
Control Environment ◽  
Expert Interviews ◽  
Environment Control

The study aims to confirm and measure factors that affect the effectiveness of internal control systems in credit facilities in Binh Thuan province commercial banks. This research used the framework by COSO 2013 and results of expert interviews to offer research models and scales. It was carried out for collecting data from 300 managers and employees of 10 commercial banks (30 people/bank) in Binh Thuan province in 2020. The study used a 5-level likert scale and used SPSS 22.0 software for analysis. The results of multivariate regression analysis (OLS) show that all factors: Risk assessment, Risk management, Control environment, Control procedure, Control activities, Credit control, Control capacity , Information, Communicates internally, Communicates externally have an impact on the effectiveness of internal control systems in credit facilities of commercial Banks in Binh Thuan province.

scholarly journals Analisis Penyaluran dan Penggunaan Dana Desa (Studi pada Nagari Tujuah Koto Talago, Kecamatan Guguak, Kabupaten 50 Kota)

2018 ◽  
Vol 6 (2) ◽  
pp. 1331
Author(s):  
Intan Marthalina ◽  
Nurzi Sebrina
Keyword(s):  
Control Systems ◽  
Internal Control ◽  
Secondary Data ◽  
Community Empowerment ◽  
Primary Data ◽  
Mutual Cooperation ◽  
Goods And Services ◽  
Second Stage ◽  
Information And Communication ◽  
Interpretative Approach

This research aims to determine the Distribution and Use of Village Funds In villages in Tujuah Koto Talago, Guguak District, Limapuluh Kota District West Sumatrera, there are three (3) aspects in the use and distribution of village funds namely Financial Aspects in Use of Village Funds, Aspects of Procurement of Goods and Services in the Use of Village Funds and Aspects of Reliability of Internal Control Systems. To achieve that goal, qualitative research method with interpretative approach is used. Data Sources are Primary data and Secondary data. Data collection techniques are carried out by observation, interviews, and document. The results showed:(1) Finance in the use of village funds in disbursement has been delayed, namely liquid one-stage funds in May and second stage funds in September and prioritized use of infrastructure (2) procurement of goods and services in the use of village funds are carried out efficiently, effectively, transparently, community empowerment, mutual cooperation and accountability (3). Reliability of SPI is carried out based on the internal environment, risk assessment, control activities, information and communication and monitoring carried out by the sub-district head, nagari guardian, nagari, bamus and the communityKeywords: Distribution and Use of Village Funds

scholarly journals Impact Internal Control on Efficiency of the Organizations in Jaffna District

2019 ◽  
Vol 9 (4) ◽  
pp. 313
Author(s):  
Piriya Muraleetharan
Keyword(s):  
Financial Performance ◽  
Internal Control ◽  
Efficient Operation ◽  
The Past ◽  
Efficient Management ◽  
Private And Public ◽  
Information And Communication ◽  
Reducing Costs ◽  
Communication Control ◽  
And Training

This study was undertaken with the objective of finding Impact of Internal control on efficiency of organizations in Jaffna District. The study is based on twenty five organizations and wo hundred and forty four respondent in Jaffna District, which are private and public organizations in the district. Internal control assessment is measured by control environment, risk assessment; information and communication, control activities, and monitoring and financial performance is measured by efficiency. Internal control and efficiency measured by correlation analysis and regression analysis. The study finds internal control and efficiency are statistically significant in determining efficiency. Further the study suggests that work performed by the organizations have been implemented in the past and the work schedules take into consideration the goals of internal control. The study further points out that keen attention should be paid on to adopt efficient management information system and training of the staff. All these enhance the staff productivity and reducing costs and also ensure the efficient operation of the firms and financial performance of their operation as well.

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