Elements Of Internal Control Research Articles

Analysis of Application of Cash Receipts Accounting Information System in Improving Internal Control

This study aims to analyze the cash receipts accounting information system in improving internal control and assessing whether the activities implemented by PT. Karunia Land has synchronized using the theory of cash receipts accounting information systems and company internal control which can later be used as material for assessment, input, and as suggestions for the development of cash receipts accounting information systems. This study uses qualitative methods through interviews, documentation, and observation. The validity of the data was tested using the technical triangulation method. The analytical techniques used are data reduction, data presentation, and conclusion drawing or verification to analyze cash receipts accounting information system data and analyze internal control at PT. Gift of Land. The results of this study explain that, the application of the accounting information system of PT. Karunia Land does not yet have a flowchart and is effective in accordance with the Standard Operating Procedure (SOP) in terms of cash receipts processes and procedures. Improved internal control of cash receipts accounting information system by PT. Karunia Land as a whole still does not meet the internal control element in terms of organizational structure, there is still a gap between the admin function and the financial function.

Analisa Pengendalian Intern Piutang untuk Meminimalkan Piutang Tak Terbayar

Receivables are an important post in the company because they are liquid current assets and are always rotating. That means accounts receivable will become cash when there is a payment from the customer. Therefore, good control of accounts receivable will affect the company's success in carrying out a credit sales policy. This study aims to determine the application of internal control over receivables at PT. XYZ in minimizing the amount of unpaid receivables by using the arrears ratio. The data analysis technique used is descriptive analysis technique. The results showed that the internal control of receivables at PT XYZ was effective in minimizing unpaid receivables. These results are in accordance with the elements of internal control which indicate that the control environment is in accordance with the organizational structure that adheres to departmentalization, as well as an adequate risk assessment of the reduction of debtors who are late in paying off receivables, information and communication has been carried out. programmed through an online-based system to minimize bad credit. on control measures there is authorization from the authorized manager to carry out control activities over receivables, and there is a special classification in monitoring to minimize unpaid receivables. The level of the company's ability to manage receivables is quite good, these results are shown by the criteria for determining the risk profile rating (overdue ratio) for 2019 which is categorized as quite healthy, 2020 is categorized as healthy and 2021 is categorized as healthy. categorized as quite healthy.

The Contribution of Internal Audit to the Performance of the Internal Control System

Internal control is increasingly seen as the foundation on which the company relies to ensure, on the one hand, the effectiveness and efficiency of operations, the quality of information and compliance with laws, regulations and policies, and on the other hand, to prevent and control risks that may affect the achievement of objectives. Therefore, internal control encompasses all the different types of security that exist within the organisation to provide reasonable assurance that objectives are achieved. In short, through the deployment of an effective and efficient internal control system, a company is better equipped to achieve its objectives and avoid pitfalls and imponderables. Furthermore, internal auditors are part of the steering framework. Thus, they have the possibility to carry out evaluations, whether permanent or punctual, on the other elements of internal control. Therefore, internal audit is an element of the internal control system, and its purpose is to ensure that all the company's operations are under control and that the company is managed efficiently and transparently. The ultimate objective of our research is to analyse the role of internal audit as a performance tool of the internal control system.

PROSEDUR PELAPORAN IURAN UPAH TENAGA KERJA PADA PROGRAM JAMINAN SOSIAL TENAGA KERJA DI BPJS KETENAGAKERJAAN CABANG MEDAN BARAT

This study aims to analyze the procedures for reporting labor wage contributions and elements of internal control on labor wage contributions so that the company's goals can be achieved. This type of research is descriptive qualitative research, using primary data and secondary data. Data collection is carried out through observation, interviews, and documentation. The data analysis used in this study is descriptive and uses relevant, accurate, and timely variables. The results showed that: a) BPJS Employment of West Medan Branch Office mentioned cash or cash receipts from its business income by reporting labor wage contributions. b) The reporting of labor wage contributions carried out by the BPJS Employment of West Medan Branch Office is good. BPJS Employment of West Medan Branch Office can divide the contribution report function into four functions, namely the administrative function, the financial function, the technology function, and information, and the marketing function. c) BPJS Employment of West Medan Branch Office carries out all incoming cash receipts, documents, or forms prepared based on the NPP and all contribution receipts either through current accounts or companies are directly deposited directly to the bank every day.

IPO Failure from the Perspective of Internal Control -- Take Guangdong Marumi as an Example

With the acceleration of economic globalization in recent years, china has assessed the situation and joined the pace of integration into the world financial system. With the continuous progress of global economy and the continuous improvement of corporate business needs, internal control plays an increasingly important role in the survival and development of enterprises. Successful internal control is conducive to the company's expansion of production scale, improvement of the core competitiveness of the industry, more effective operation of the company, and even a successful listing of the company. Therefore, the study of internal control is very necessary. This paper first describes the background of internal control in china, and then summarizes the contents of the five elements of internal control. Through the contents of the five elements, it analyzes the hardships of the listing of guangdong marus biotechnology co., ltd. (hereinafter referred to as marus), the protagonist of this paper, and the major reasons for the failure of listing.in addition, it is necessary to find relevant remedial measures to help marumi get out of the predicament of ipo failure, and what kind of preventive measures to prevent ipo failure for enterprises that want to go public based on the five elements of internal control. Finally, the conclusion of the study gives us some enlightenment. The purpose of this paper is to make an in-depth analysis of various problems arising from the failure of marumi stock listing from the perspective of internal control and give constructive suggestions, so as to inspire various unlisted enterprises on how to improve their internal control and prevent ipo failure from the perspective of internal control.

Upaya Peningkatan Profitabilitas Dalam Pengelolaan Kredit Di Masa Pandemi Covid-19 Pada BPR

The purpose of this study is to find out the bad credit management implemented by PT. BPR BKK Muntilan (Perseroda), to find out the credit management mechanism of PT. BPR BKK Muntilan (Perseroda), to find out the profits obtained and efforts to increase profitability. Collection techniques by means of observation in the field of credit and the field of funds, interviews conducted by 2 speakers in the field of credit and the field of funds and 1 resource person in the field of marketing, documentation with several employees related to profitability in credit management and literature studies. This type of case study research approach with qualitative descriptive analysis that explains and describes actual events without being engineered in narrative form. The results showed that the management of bad loans implemented by PT BPR BKK Muntilan (Perseroda) in accordance with the applicable provisions and its application was good, but there were obstacles in the management of bad loans so that it carried out several elements of internal control, credit management mechanisms implemented and profits obtained based on profitability ratios and efforts made to increase profitability during the Covid-19 pandemic.

ANALISIS PENGENDALIAN PIUTANG TAK TERTAGIH BERDASARKAN UMUR PIUTANG TERHADAP KINERJA LAPORAN KEUANGAN PADA PT. LOUISZ INTERNATIONAL

Good receivable control system will affect the company’s success in carrying out the sale on credit policy. The credit sales are uncollectible risk of some or all credit extended to the debtor. As a result of theseuncollectible accounts receivable losses will cause the load, the company must determine the method that will be used to calculate the amount of the loss of this receivable. The study aims to analyze the control of bad debets based on receivable age on the performance of financial statements of PT. Louisz International and know the treatment of losses on bad debts of the company. The method used is descriptive method.The results showed that the internal control system of receivable at company has been effective, it can be seen from the implementation of elements of internal control of receivable eligible and supported by adequqte policies and procedures for theprovision of good credit. The company uses direct write off method in determining the bad debt. Direc write off method notes receivable really uncollectible receivables as bad debt. The companies manajemen should be used the aging schedule of allowance method to be more effective in determining damages for doubtful accounts. Keywors : Receivable, Internal Control System and Allowance Method

PENGHITUNGAN HARGA POKOK PRODUKSI CV KARYASOKA

Based on the results of community service regarding the procedure for calculating the cost of production, it can be concluded as follows: The stages of activities in calculating the cost of production include: receiving orders, making product design proposals, making product design development schedules, making draft designs and sample specifications, calculating cost of goods manufactured, and launching products to the market. The functions involved in the procedure for calculating the cost of production include: marketing function, research and development function, head of production, finance, factory manager and general manager. Documents used in the procedure for calculating the cost of production include: sales orders, new design proposal forms, and sample work sheets. Books (Journals), Notes, Lists, and Reports used in the procedure for calculating the cost of production include: journals on the use of raw materials, proof of cash outflows, product cost cards, cost cards, and finished product reports. The company's internal control elements have been running well because of proper separation of functions, authorization is carried out by the competent authorities, and quality employees.

Ratiometric electrochemical aptasensor for the sensitive detection of carcinoembryonic antigen based on a hairpin DNA probe and exonuclease I-assisted target recycling

A novel ratiometric electrochemical aptasensor was constructed for the detection of carcinoembryonic antigen (CEA) based on a hairpin DNA (hpDNA) probe and exonuclease Ⅰ (Exo Ⅰ)-assisted target recycling amplification strategy. A thiolated methylene blue (MB)-labeled hpDNA as the internal control element was fixed on the surface of the gold nanoparticles (AuNPs)-modified gold electrode (AuE) through Au–S bonds. A ferrocene (Fc)-modified aptamer DNA (Fc-Apt) was partially hybridized with hpDNA to form a Fc-Apt/hpDNA duplex. Due to the specific recognition of Fc-Apt to CEA, the presence of CEA caused dissociation of Fc-Apt from the duplex, and further triggered the degradation process of Exo Ⅰ and recycling of CEA. Hence, the Fc tags were released from the electrode surface and the oxidation peak current of Fc (IFc) decreased while that of MB (IMB) remained stable owing to the distance between MB tags and the electrode unchanged. A linear relationship was observed between IFc/IMB and the logarithm of CEA concentration from 10 pg mL−1 to 100 ng mL−1 with a detection limit of 1.9 pg mL−1. Moreover, the developed aptasensor had been applied to detect CEA in diluted human serum with satisfactory results, indicating its great potential in practical applications.

Evaluasi Penerapan Sistem Pengendalian Internal Dalam Pencegahan Kecurangan Persediaan Dengan Menggunakan Kerangka Kerja COSO

The purpose of this final project is to find out and evaluate the application of internal control over supplies at one of the UMKMs engaged in the culinary field, namely Limarasa Coffee Shop. This research was conducted using a qualitative descriptive method. The method for conducting internal control is to use the COSO) approach which is supported by data analysis techniques in the form of a control matrix. In this research, the types of data used are primary data and secondary data. The techniques used in the process of collecting data are through interview techniques, observation, documentation, and questionnaires. The results obtained from the research show that Warung Kopi Limarasa has implemented an internal control system over inventory based on the framework of the Committee of Sponsoring Organizations of The Treadway Commissions (COSO). However, the internal control applied has not been effective because there are still some elements of internal control that have not been implemented so that it can create opportunities for inventory fraud.

Analisis Sistem Pengendalian Internal Atas Siklus Pendapatan

The revenue cycle consists of several transactions of cash although credit sales, cash receipts from accounts receivable, and cash receipts from cash sales. The internal control system is done to maintain and protect the company's property and to prevent the risks that arise in a company. The purpose of this study was to analyze the system of internal controls over the company's revenue cycle that has run well and in accordance with the elements of internal control that have been set. This study is qualitative research are informants use the snowball sampling technique. The data used are primary data obtained from field observations in the form of an interview, while secondary data is obtained from the documents as supporting evidence for the interview. Based on the analysis of COSO and the internal control element that has been done, it can be concluded that the internal control system over the revenue cycle in Electrical Distributor is quite effective, but there are still some weaknesses that must be considered to improve the control of the company so that the objective can be achieved with good.

Internal Control and Enterprise Green Innovation

Green innovation has become an important support to promote the strategic goals of peak carbon dioxide emission and high-quality economic development. This paper systematically examines whether internal control can effectively drive enterprise green innovation and achieve the “win–win” result of enterprise economic development and environmental protection. We found that internal control can significantly improve the green innovation level of enterprises, which is mainly reflected in the mandatory disclosure stage of internal control information and the other four elements of internal control, except the control environment. The mechanism test found that internal control can promote green innovation by reducing enterprise risks, alleviating agency conflicts, relieving financing constraints, and improving the rationality of innovation investment. The heterogeneity test found that the promotion effect of internal control on green innovation is more significant in large enterprises and private enterprises; internal control can effectively supervise the maintenance of relationship resources, and relationship resources positively regulate the promotion effect of internal control on green innovation; excessive executive power will weaken the internal control supervision and punishment of executives, and weaken the positive effect between internal control and green innovation; internal control can improve the utilization rate of government subsidies, and government subsidies positively regulate the positive effect of internal control on green innovation. The research conclusions enrich the market-oriented research on the driving factors of enterprise green innovation, and provide empirical evidence for enhancing the competitiveness of enterprise green innovation and achieving carbon neutrality.

Pengaruh Implementasi Internal Control dan Kompetensi terhadap Pemakai Sistem Informasi Akuntansi

A good accounting information system must have Internal Controls. Internal Controls applied in accounting information systems are very useful to prevent or keep things that are not desirable (mistakes or fraud). An information system that does not include an element of Internal Control most likely the information system is useless. One of the objectives of Internal Control. Research conducted by researchers here is to find out how the implementation of internal control in a manufacturing company in the city of Bandung in terms of the application of information systems, especially accounting. User competence is also researched to find out how the factors are in a manufacturing company in the city of Bandung. 
 Quantitative methods are used in this research which is useful for knowing how the influence of independent variables on the dependent variable, with the help of statistics. The direction of this research is quantitative research, so the researcher uses a questionnaire distributed to 30 respondents of employee staff who use the ERP Sistem (Enterprise Resources Planning system). The questionnaire was distributed to respondents to find out how the research data were obtained. After that the researchers performed multiple linear regressions with the help of SPSS version 23The result is R Square of 0.822 or 82.2%. So, it can be interpreted the ability of users and internal control contribute 82.2% of the quality of the accounting information system. Whereas (1- R square) 0.118 or 11.8% is influenced by other factors.

Sistem Informasi Akuntansi: Penerimaan Kas di Lembaga Zakat, Infaq, Shadaqah

The purpose of this research was to find out the application of accounting information systems at zakat, infaq, shadaqah institutions in an effort to improve internal control of cash receipts at LAZISMU Sidoarjo. In this research, the main focus is the Technology Acceptance Model (TAM), which was introduced by Davis in 1989, which is an adaptation of the Theory of Reasoned Action (TRA) which is a theory to model user acceptance of technology. This research approach used a qualitative approach with primary data sources. Data collection was obtained from interviews, observations and documentation. data validity techniques with triangulation models. The results of the study stated that the application of accounting information systems in LAZISMU Sidoarjo Regency has used a central system, namely ZISKA software stands for (Zakat, Infaq, Sadaqah, and Humanity). The advantages of the system are more detailed. However, there are obstacles that occur such as network disruptions and to prevent the risk of data loss data backup is performed. To anticipate any recording errors on cash receipts, cross-checks and evaluation are conducted through meetings. The use of forms or documents has been numbered printed. Transparent financial statements to the public. Cash deposits to the bank are done every day and directly deposited on bank working days. There are some weaknesses in the internal control element.

PENGARUH PENERAPAN STRUKTUR PENGENDALIAN INTERN TERHADAP EFISIENSI PENYALURAN KREDIT PADA LEMBAGA PERKREDITAN DESA (LPD) DI KECAMATAN ABIANSEMAL

This study aims to prove empirically the effect of internal control elements on the efficiency of credit distribution in LPD Abiansemal District. The data used in this study is primary data in the form of questionnaire answers. The population used in this study were all LPD employees in Abiansemal District as many as 305 people. Sampling used purposive sampling method so that 109 people were obtained as samples. The first instrument test and classical assumption test were carried out,nextanalyzed using multiple linear regression analysis, determination, t test and F test.Based on the results of the analysis, it can be said that control, control activities, information and communication have a significant effectt on the efficiency of credit distribution and have no significant effect on the efficiency of credit distribution.

Formation of Risks’ Information in Corporate Accounting and Reporting

The paper examines the impact of risk management practices on improving the competitiveness and financial stability of corporations. The purpose of the study is to develop recommendations for the formation in accounting and disclosure in the accounting (financial) statements of information about the risks inherent in the activities of corporations. The need for the above is noted by the document of the Ministry of Finance of Russia “Information No. PZ‑9/2012”. A critical analysis of the risks typologies presented in the studies of domestic and foreign researchers that had allowed to draw a conclusion about their quantitative increase in the number of risks of corporations including such as: stoppages and disruptions of production due to the death and damage of assets (equipment, transport, raw materials); overvoltage of technical and technological systems; problems inadequate use of raw materials; rising costs and other factors. The author introduces the concept of the risk of loss of a corporation’s equity capital caused by a decrease in the value of assets, which can be identified by impairment testing, which ensures the reliability of the assessment of the accounting objects and elements of accounting (financial) statements. Risk assessment based on the assumption that assets are shown in reliable value in the appropriate accounts and ledgers, is one of the elements of internal control of the corporation and allows users to make informed economic decisions. Impairment testing involves the identification of external and internal indicators characteristic of certain assets, the calculation of the amount of impairment, systematization and disclosure of information in accounting and reporting. Along with the recommended risks typology it is advisable for the Ministry of Finance of Russia to include in the list of risks to be disclosed in the accounting (financial) statements, the risks of loss of equity capital due to asset depreciation. It has been proven that the analysis and assessment involve identifying risk-forming factors, determining the level of risk and developing measures to reduce the risk. Therefore, it is expediently to systematize the risk information in corporate accounting and reporting standards, the use of which is recommended by the Federal Law “On Accounting”.

Sistem Pengendalian Internal Kas pada Klinik Utama Vincentius Kristus Raja Surabaya

The internal cash control system is important in a business unit in the form of a health clinic, because the cash element is one of the liquid current property accounts that can be used to finance the operational activities of the Main Clinic Vincentius Kristus Raja Surabaya. Research methods used by researchers in analyzing data in the form of primary data with qualitative methods. This research approach is carried out phenomenologically conducted by researchers with the aim that researchers can observe directly the reality that occurs so that they can obtain accurate information. The data collection techniques used is an interview with the head of polyclinics and clinical operations staff. Researchersvisit the clinic for observation and documentation. The results of the first study showed that the internal control system was already running in accordance with established financial procedures. The second result of the study is that the cash receipt procedure has all gone through the registration section except the dental clinic section. The third study showed that the implementing function in the operation of The Main Clinic Vincentius Kristus Raja Surabaya performs the trap of storage functions, especially in the dental health services section. The latest research results show the need for periodic monitoring or monitoring by the foundation, so that operational implementation runs smoothly and in accordance with the elements of internal control and the main clinic objectives of Vincentius Kristus Raja Surabaya can be achieved.

Оценка эффективности внутреннего контроля в риск-ориентированных проверках

The article aims to integrate the principles of internal control, established in the Russian legislation, with the objectives of internal audit and evaluation of the effectiveness of organizations' internal control. One of the main tasks of internal risk-oriented audits is to assess the effectiveness of organizations' internal control by internal auditors to gain confidence about the presence in the company of a sufficient number of control procedures for minimizing identified risks, the presence of regulatory control over their implementation, as well as the completeness of their implementation by employees of the organization. It is well known that internal control and risk management are interrelated. In Russian regulatory documents, risk management procedures are part of internal control. When practically implementing them into production activities, Russian organizations either combine internal control and risk management systems, or separate them into parallel organization management mechanisms. The internal control system described in the regulatory documents of the Ministry of Finance of the Russian Federation and the Federal Tax Service of Russia is sufficient for an intuitive understanding of the principles of its construction, but it does not give internal auditors answers on how to evaluate internal control systems qualitatively and quantitatively. When conducting an internal audit of business processes, the authors initially focused on the identification and evaluation of risk events, and only further on the organization of internal control as a whole, which led to the approach to the evaluation of organizations' internal control the article discusses. Thus, the mechanism for evaluating the effectiveness of internal control is based on an analysis of the completeness of regulation and the quality of the control procedure (the authorial definition of control procedure differs from the concept of internal control procedures presented in Russian legislation). The essence and practical manifestation of the concept “control procedure”, which, in the authors' opinion, covers all elements of internal control, is analyzed. An algorithm sufficient for conducting a qualitative risk-based internal audit is proposed to evaluate the effectiveness of internal control by determining the effectiveness of the design of the control procedure, the degree of implementation of the control procedure, the significance of the event, the significance of the control procedure, the effectiveness of the control procedure. Qualitative and quantitative criteria for determining the effectiveness of internal control indicators are proposed; they make it possible to practically evaluate the internal control system in an organization. Based on the practical experience of evaluating internal control, the authors present an example of calculating its effectiveness.

Internal control in the economic security system of agricultural and processing organizations

The article reveals the need for internal control in the economic security system of agricultural and processing organizations. The objective of the study is to establish the function of internal control in the economic security system of agricultural and processing organizations, as a mechanism for identifying risks and threats. In accordance with this objective, the main task was determined, to substantiate the theoretical and practical aspects of internal control in the economic security system of agricultural and processing organizations. The work examines the substantive and formal methodological aspects, including the study of laws, theories, the structure of scientific knowledge, the analysis of research methods from the point of view of logical structure and the formalized approaches for the construction of the theoretical knowledge, its truth and argumentation. The classification of internal control in the organization's economic security system is offered. A list of mandatory internal control elements has been determined in the organization's economic security system. The methods and procedures are grouped by functional components in the economic security system.

Application of Accounting Information Systems at Zakat, Infaq, Sadaqah Institutions in an Effort to Improve Internal Control on Cash Receipts

This study aims to determine the application of accounting information systems at zakat, infaq, shadaqah institutions in an effort to improve internal control on cash receipts at LAZISMU Sidoarjo. This research approach uses a qualitative approach with primary data sources. Data collection was obtained from the results of interviews, observations and documentation. Technical validity of data with triangulation model. The results of the study stated that the application of the accounting information system at LAZISMU, Sidoarjo Regency had used a system from the center, namely the ZISKA software which stands for (Zakat, Infaq, Shadaqah, and Humanity). The advantages of the system are more detailed. However, there are obstacles that occur such as network disturbances and to prevent the risk of data loss, data backup is carried out. To anticipate errors in recording cash receipts, cross checks and evaluations are carried out through meetings. The use of the form or document has been serially numbered printed. Transparent financial reports to the public. Cash deposits to the bank are made every day and are directly deposited on bank business days. In the element of internal control, several weaknesses were found.