Company's Internal Control Research Articles

Analisis Sistem Informasi Akuntansi Penerimaan atas Tagihan Pembayaran Member Parkir Secara Virtual Account

This research aims to find out how the accounting information system for receipt of parking member payment bills using a virtual account which is carried out at PT Securindo Packtama Indonesia Area Rukan PIK is running well or not and what the internal controls are at the company. The research method used is the qualitative analysis method. The data collection techniques used in this research are observation, interviews and documentation. The results of this research are based on analysis of the accounting information system and internal control system, where the system used by the company is good because it has helped record receipts for parking member payment bills quite efficiently in terms of time, while the company's internal control system is also quite good, although still duplicate tasks were found in certain sections.

Research on the influence of accounting computerization and networking on E-commerce

This papers translated from an article written by a professor from the School of Management, Suzhou University of Science and Technology focuses on the influence and change of translation accounting computerization. First of all, describe the changes: describe the changes in the efficiency of accounting and the way it works, etc., and then explain the differences with the traditional accounting industry, where the progress. What needs to be improved. Then, explain the changes of internal audit and internal control under the condition of accounting computerization, including the use of what new methods, what data application, what new treatment of statements and so on. At the same time, in order to have a deeper understanding of these changes, this paper also cites examples of companies to demonstrate. Discuss the company's internal control and audit, etc.Finally, stating the emerging risks and how to deal with them. After translating and reading this article, I deeply understand what changes have taken place in traditional accounting under the computerization of accounting, such as the improvement of efficiency, the improvement of network security requirements, the change of personnel training methods and so on. Although accounting computerization can improve efficiency, it also increases risks, so it is necessary to improve the system, accounting software, training talents and so on. In short, the journey of accounting computerization is full of opportunities and challenges. We should fully grasp the opportunities and meet the challenges independently.

Impact of Accounting Information Systems of Cash Executions on Internal Controls of Company

The study investigates how the accounting information system of cash expenditure affects the internal controls of the company. Cash expenditure, which is vital to business operations, is managed by accounting information systems (AIS). It is expected that effective use of AIS will improve the accuracy of transaction recording, reduce errors, and prevent fraud. The study uses a quantitative method by sending questionnaires to various that have implemented cash expenditure. The results show that there is a significant correlation between how well AIS manages cash expenditure and how well the company's internal controls. Good AIS implementation ensures that all transactions are properly recorded, authorizations are carried out according to procedures, and authorities can only access financial information. In addition, an integrated AIS offers audit trails that facilitate the tracking and verification of transactions by both internal and external auditors. These findings suggest that the use of effective cash expenditure can strengthen internal control mechanisms, improve financial integrity, and give confidence to stakeholders of the company's interests.

Research on Internal Control Issues of Monetary Funds in Enterprises

In enterprises, monetary funds represent the most liquid yet the riskiest type of asset. Therefore, the effectiveness of the internal control system for monetary funds and their proper utilization are crucial for the normal operation of business management activities. This is also vital for enhancing the levels of capital management and financial management within the enterprise, ensuring that production activities proceed efficiently and orderly. This paper employs literature review, field investigation, and summarization methods to analyze and study the internal control of monetary funds in Company A. The results indicate that the company has several deficiencies in its internal control system for monetary funds. The causes of these issues are analyzed, and several countermeasures are proposed. These countermeasures provide valuable references for the improvement of the company's internal control system for monetary funds.

ANALYSIS OF PAYROLL ACCOUNTING INFORMATION SYSTEMS AT PT ALFA KREASI (WEEKEND INC)

This writing aims to determine the application of the Payroll Accounting Information System carried out at PT Alfa Kreasi (WEEKEND INC), as well as to analyze the implementation of the Internal Control System and provide proposals for the Payroll Accounting System to support the effectiveness and efficiency of the Internal Control System at PT Alfa Kreasi (WEEKEND INC ). The type of data used is qualitative data, data that explains a phenomenon based on things that generally contain words where the data obtained and which will be processed later is in the form of primary data, which is obtained directly through face-to-face interviews with the parties concerned. The analytical tools that the author uses in this research are data flow diagrams (DFD) and document flow charts (flowcharts). From the research that has been carried out, the author concludes that PT Alfa Kreasi (WEEKEND INC) implements a computerized payroll system seen in the recording process carried out on Google Sheets and for all data regarding payroll in the process of paying employee salaries via bank transfer. And the analysis of the company's Internal Control System has also been implemented in accordance with the policies set by the leadership.

ANALISIS SISTEM INFORMASI AKUNTANSI PENGGAJIAN PADA PT ALFA KREASI (WEEKEND INC)

This writing aims to determine the application of the Payroll Accounting Information System carried out at PT Alfa Kreasi (WEEKEND INC), as well as to analyze the implementation of the Internal Control System and provide proposals for the Payroll Accounting System to support the effectiveness and efficiency of the Internal Control System at PT Alfa Kreasi (WEEKEND INC ). The type of data used is qualitative data, data that explains a phenomenon based on things that generally contain words where the data obtained and which will be processed later is in the form of primary data, which is obtained directly through face-to-face interviews with the parties concerned. The analytical tools that the author uses in this research are data flow diagrams (DFD) and document flow charts (flowcharts). From the research that has been carried out, the author concludes that PT Alfa Kreasi (WEEKEND INC) implements a computerized payroll system seen in the recording process carried out on Google Sheets and for all data regarding payroll in the process of paying employee salaries via bank transfer. And the analysis of the company's Internal Control System has also been implemented in accordance with the policies set by the leadership.

Analisis Sistem Informasi Akuntansi Terhadap Pengeluaran Kas Pada PT PP (Persero) TBK (Proyek Trans Sumatera Tol Indrapura-Kisaran)

In the current era of globalization, technological developments are progressing rapidly, one example is accounting information systems, the large amount of expenditure for production and operational costs means that companies must be able to pay attention to this so that the desired things do not happen. In this research, researchers used qualitative methods based on library research. The results of this research indicate that PT. PP (Persero) Tbk (Trans Sumatra Indrapura-Kisaran Toll Road Project) has been implemented systematically and in accordance with the accounting system, as well as the cash disbursement accounting recording system which is effective and efficient. The company's internal control system for cash disbursements has been implemented well, and everyone in each unit has worked together to improve the cash and disbursement systems after the finance department discovered recording errors. This shows that there is a strong level of internal control implemented in each department, making it difficult to misappropriate and embezzle funds.

The Impact of Board of Directors and Islamic Shariah on Company Internal Control: Evidence from Jordan


 The purpose of this paper is to examine the impact of corporate governance and compliance with Shariah on internal controls over financial reporting. It also examines the moderating role of Shariah compliance on the relationship between corporate governance structures and internal reporting controls. Ordinary least square (OLS) models are applied to 94 listed Jordanian companies on Amman Stock Exchange over the period 2015-2021. The empirical evidence shows board size, board meetings, Shariah compliance, and auditor type have a negative impact on material weaknesses in internal controls (MWIC). Second, unitary leadership, where the same individual is both the chair and CEO, is positively correlated to MWIC. Third, Shariah compliance strengthens the effect of board meetings, suggesting that Shariah compliance and good corporate governance mechanisms reinforce each other to ensure higher-quality internal financial reporting controls.

Research on Optimization of Internal Control in New Energy Vehicle Enterprises

This study takes Z Automobile Co., Ltd. as a case study and systematically conducts in-depth research on its unique internal control system. Conduct a comprehensive analysis of the model and characteristics of the company's internal control system, while also focusing on the various difficulties and challenges faced by the system. Through detailed investigation and analysis, we will delve into the composition and operation of the system in order to better understand its internal mechanisms. Firstly, this article takes the current situation of China's new energy vehicle industry as the background, and based on existing research, sorts out the models and characteristics of internal control systems in new energy enterprises, laying the foundation for the external analysis of the difficulties faced by internal control systems in the following text. Secondly, starting from the specific national conditions of China, this article focuses on the main body of the new energy vehicle market, analyzes the characteristics of its internal control system, and based on this, deeply explores the unique characteristics of Company Z, which is also a listed company. Once again, in response to the aforementioned issues, analyze the current situation, reveal the problems, and propose relevant suggestions.

Pengaruh Fungsi Pengawasan Internal dan Eksternal Perusahaan, dan Financial distress terhadap Manajemen Laba

Delegation of management authority from owners to management within the company creates agency problems. With the separation between ownership and management of the company will bring up differences in interests between agents and principals. The management (agent) takes advantage of information asymmetry by modifying earnings information to achieve the company's goal of increasing profits. This study aims to test empirically regarding the effect of internal and external control of the company, and financial distress on earnings management. The population and sample in this study are property & real estate companies listed on the Indonesian stock exchange which were selected using the purposive sampling method, so that a total of 200 samples were obtained for the 2017-2021 period. Data analysis techniques in this study were descriptive statistical tests and PLS-SEM tests which included outer model tests and inner model tests. The results of hypothesis testing show that the company's external control and financial distress have an effect on earnings management, while the company's internal control has no effect on earnings management. The limitations of this research are that the companies that are the sample in this study only focus on companies in the property and real estate sector, and many companies do not publish their complete annual reports from 2017-2021.

EVALUATION OF THE INTERNAL CONTROL SYSTEM FOR INVENTORY AT U.D NINA USMAN SPBU

A trading company can be defined as an organization that carries out business activities by purchasing goods from other companies and then selling them back to the public. Inventory is merchandise that is purchased and then stored for sale in the company's normal operations so that the company can pay more attention to inventory. Inventory is highly susceptible to damage and theft. Internal control also aims to protect company assets and also ensure that information regarding company inventory can be trusted. With internal control analysis, it is hoped that companies will be able to determine inventory more effectively and adequately. With effective internal control, it is hoped that they can minimize the risk of errors and fraud in merchandise inventory and if errors and fraud occur they can be immediately identified and resolved. The aim of this research is to determine the implementation of the internal control system at UD Nina Usman, which plays a role in supporting the company's internal control of inventory, and to find out how well the company carries out internal inventory control. The data used is primary data. The method used was observation and interviews to obtain information from the U.D Nina Usman gas station. The results of this research indicate that the inventory system at the U.D Nina Usman gas station is in accordance with an adequate internal control system using the COSO (Committee of Sparing Organizations of Tradeway) method.

Analisis Penerapan Sistem Informasi Akuntansi Penjualan Perumahan Dalam Meningkatkan Pengendalian Internal Perusahaan Properti Pada PT. Anugrah Reveno Lestari Abadi (PT. Arla) Kota Medan

This research was conducted at a company operating in the property sector, called PT. Anugrah Reveno Lestari Abadi which is usually abbreviated as PT. ARLA. This research aims to find out how the sales accounting information system is implemented and how the sales accounting information system is implemented in improving internal control at PT. ARLA Medan City. This research method uses a qualitative method with a descriptive approach. The type of data used is primary data obtained from interviews and secondary data obtained from documentation. This research uses data collection techniques by interviewing several employees at PT. ARLA. The results of this research indicate that the implementation of the sales accounting information system at PT. ARLA has been running quite well. However, there are several weaknesses, such as still using an accounting system that is not yet computerized properly and there are also still duties between related information functions that are not in accordance with the elements of internal control so that the company's internal control has not been able to improve.

On the relationship between cash flow bullwhip and the company performance: study of the Moroccan detergent products branch

The COVID-19 pandemic had a significant bullwhip effect, which resulted in a cash flow bullwhip (CFB) in the Moroccan FMCG industry. As illustrated by a previous study, some companies were more affected by CFB than others. This indicates that CFB could be correlated to some specific aspects or characteristics of these companies. The objective of this article is to thoroughly examine the connections between CFB control and the company's internal control performance, financial performance, and supply chain performance. Therefore, a field study is conducted on the producers of detergent products. The results confirm that some performance criteria are directly correlated to the degree of exposure to CFB. In fact, a firm is able to regulate CFB when it has an effective internal control system, a reliable supply chain, and strong financial efficiency. However, the relative importance of these performance criteria is not evident. This opens the opportunity to develop a multi-criteria model that could hierarchize the different performance criteria.

Implementasi Pengendalian Intern Standar Sarbanes-Oxley Act (SOA) Pada Perusahaan Telekomunikasi

The Sarbaness-Oxley Act (SOA) was issued to protect the interests of investors by creating good corporate governance and accountability within the company. SOA, especially sections 302 and 404, require an annual management report regarding the company's internal control over financial reporting and the management report is the subject to be audited. This study describes the implementation of SOA at PT Telkom, Tbk, because PT Telkom, Tbk is one of the Indonesian companies listed on the stock exchange in the United States (NYSE) so that PT Telkom must comply with SOA as required by the SEC. The research was conducted by comparing SOA theory or standards with SOA practices that occurred at PT Telkom, Tbk. The results of the research show that PT Telkom has implemented SOA provisions. And from the results of research conducted in the Finance Section of PT. Telkom Yogyakarta shows that increased transparency and regulation of the audit industry that encourages the effectiveness and independence of auditors is needed to maintain and increase investor confidence in the capital market. SOA Implementation at PT. Telkom, especially concerning section 302 (Corporate responsibility for financial reports) and section 404 (Management assessment of internal controls) is expected to provide benefits to the company in realizing Good Corporate Governance (GCG). With Good Corporate Governance, the transparency of PT. Telkom as a public company will be even more real

Evaluasi Unsur – Unsur Pengendalian Internal Dalam Penerimaan Kas Pada CV. Adhika Putra Mandiri

The company's internal control is the main thing because it has an important role in preventing and detecting fraud and protecting company assets, both tangible and intangible. This study aims to determine the internal control system of cash receipts at CV. Adhika Putra Mandiri has been running well or not and whether it is in accordance with internal control. This research uses descriptive qualitative method. Data collection techniques using the method of observation, interviews and documentation. The results of the analysis and research show that CV. Adhika Putra Mandiri has implemented an internal control system for cash receipts but its application to the company is still not good because there are still weaknesses. The weaknesses are that the organizational structure is not fully structured, there are still multiple assignments, proof of cash receipts has not been stamped with a "Paid" stamp by the finance department within the company, and cash calculations have not been corrected periodically. or suddenly.

The Effect of Payment Accounting Information System on the Effectiveness of Internal Control

<p>This study aims to test whether the payroll accounting information system affects the company's internal control. This research was conducted in 2022 where the approach used was an approach with quantitative data. The population in this study are companies in the city of Jakarta, with the sample criteria being employees who carry out functions in the accounting or finance and HR departments of the company. The sampling technique used is a saturated sample with a sample of 103 respondents. The collected data is processed using smartPLS software version 4.0. The results of this study indicate that the payroll accounting information system has a positive effect on the effectiveness of the company's internal control. The results of this study support the theory of Theory of Reasoned Action (TRA) which explains that a person or individual will realize that an accounting information system will generate benefits for its users.</p>

ANALYSIS OF THE EFFECTIVENESS OF THE INTERNAL CONTROL SYSTEM OVER INVENTORY MANAGEMENT IN MEDIUM-SIZED COMPANIES

This reserach aims to analyze and provide recommendations for improving the effectiveness of the internal control system in inventory management at PT TMT. PT TMT is a medium-sized manufacturing company specializing in elevators and escalators, where inventory serves as the main source of revenue for the company. Having a good internal control is crucial to influence PT TMT's business operations and mitigate existing risks. However, as a medium-sized company, PT TMT faces limitations in resources, infrastructure, and income, which can hinder the implementation of an effective internal control system. This research adopts a qualitative approach that refers to the COSO framework. Data collection techniques include interviews, direct observations, and analysis of PT TMT's Standard Operating Procedures (SOP) documents. Based on the research findings, it was found that PT TMT still has weaknesses in internal control related to the five components of the COSO internal control framework. This study is expected to provide accurate information regarding the internal control condition at PT TMT and offer recommendations to improve the weaknesses in the company's internal control.

Analisis Sistem Pengendalian Intern atas Pengeluaran Kas Pada BMT AL Muhsin Di Kota Metro

This study aims to find out how the internal control system for cash disbursements at the Metro City State Electricity Company. This research is qualitative in nature and uses a descriptive analysis approach. Data analysis was carried out by data reduction, data presentation and drawing conclusions. The results showed that the internal control system implemented by BMT. Metro City is good. This is because BMT AL Muhsin Kota Metro has implemented an internal control system based on standard operating procedures (SOP). This is proven by the fact that in the company's internal cash control there are parties involved, documents and contents of cash evidence involved both in the system of cash receipts and cash disbursements.

The Effect of Providing Incentives, Task Complexity, and Internal Control on Employee Performance

A successful company is influenced by several internal factors, one of which is the performance of qualified employees. Human resources contribute to the charge of corporate goals. By this, it is important for companies to improve and manage their human resources as well as possible. This study aims to determine how the influence of incentives, task complexity, and company internal control on employee performance. The research method is to use literature review analysis. Our findings show that providing stimulation to employees has a positive effect on employee performance, task difficulty has a significant effect on employee performance, and the company's internal control has a positive effect on employee performance.

STUDY OF IMPLEMENTATION AND GOOD CORPORATE GOVERNANCE INTERNAL CONTROL SYSTEM (Case Study In a Family Firm)

This research aims to examine the implementation of Good Corporate Governance (GCG) and the implementation of the company's Internal Control System. Data analysis used the positivism philosophy method in a family business company engaged in the manufacturing industry since 1946. Informants were determined by purposive sampling, namely, taken from the top management, middle management, and staff groups. Data analysis techniques in this study used a case study approach through interviews. Research results: GCG implementation is not following best practices by this family business company, and Internal Control System implementation has not become aware by management.