The Role of Internal Control System in Activating Corporate Governance (Field Study in National Audit Chamber)

Abstract

The study investigated the role of internal control system in activating governance principle.The problem of the study if there are relationship between internal control and corporate governance. The study aimed to: Determine the mechanisms of internal control and how to benefit from them in activating the principles of governance. The study seeks to establish the relationship between internal control and corporate governance in the corporation on Sudan.The importance of the study lies in how to implement governance as system and not just knowing governance as concept, and role of internal control in activating the principle of corporate governance. The study adopted inductive approach, descriptive analytical approach, and historical approach. The questionnaire used to collect data from The National Audit champers. To achieve the goals of the study, the following hypotheses were tested:First hypothesis: There are relationship with statistical significance exists between financial control and activating governance's principle.Second hypothesis: There are relationship with statistical significance exists between management control and activating governance's principle. The study found several results, among which is that; Setting a good accounting system that is appropriate with the facility environment contribute in activating governance's principles. Checking the accuracy of information in the financial statements contribute in activating governance's principles.The study recommended several recommendations, among which is that; The use of specialized centers concerned with governance issues, and the task of preparing training programs to consolidate the goals and achievements of governance.The application of the principles of governance should take into account the impact of environmental changes that are undergoing rapid and continuous changes in all economic, political and social aspects.