Work

Identifying Weaknesses in Internal Control System: A Case Study of a High School in Tulangan, Indonesia

Year: 2023

Type: conference-paper

Abstract: This study aimed to investigate the implementation of an accounting information system for cash receipts and expenditures at SMA Muhammadiyah 3 Tulangan, with the goal of improving internal control.The researchers used a descriptive qualitative research method with primary and secondary data sources, including interviews, observations, and documentation.The study found that the school had developed its own accounting information system called SIASMA-MUGA, which facilitated cash distribution and expenditure management.However, weaknesses in the internal control system were identified, including the absence of adequate supervision from the principal and overlapping job positions.The study implies that schools need to develop and implement effective internal control mechanisms to improve financial management and prevent fraud.

Source: Advances in Social Science, Education and Humanities Research/Advances in social science, education and humanities research

Parent work: Proceedings of the International Conference on Intellectuals’ Global Responsibility (ICIGR 2022)

DOI: 10.2991/978-2-38476-052-7_2

Authors: Duwi Rahayu, Ririn Silvia Agustin, Leriza Desitama Anggraini

Institutions: Universitas Muhammadiyah Sidoarjo, Universitas Indo Global Mandiri

Language: English

Topic: Financial Literacy and Behavior

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Peace, justice, and strong institutions, Quality education

Open Access status: diamond