Internal control effectiveness in a property development company: a case study of TH Properties Sdn.Bhd. / Shazlina Abdul Jalil

Internal controls exist in order to promote operational efficiency and effectiveness, provide reliable financial information, safeguard assets and records, encourage adherence to prescribed policies and comply with regulatory agencies. The basic concepts of internal controls indicate that the manage...

Full description

Saved in:

Bibliographic Details
Main Author:	Abdul Jalil, Shazlina
Format:	Thesis
Language:	English
Published:	2014
Subjects:	Auditing
Online Access:	https://ir.uitm.edu.my/id/eprint/15142/1/TM_SHAZLINA%20ABDUL%20JALIL%20AC%2014_5.pdf
Tags:	Add Tag No Tags, Be the first to tag this record!

id	my-uitm-ir.15142
record_format	uketd_dc
spelling	my-uitm-ir.151422022-03-14T03:02:22Z Internal control effectiveness in a property development company: a case study of TH Properties Sdn.Bhd. / Shazlina Abdul Jalil 2014 Abdul Jalil, Shazlina Auditing Income and expenditure. Budget Internal controls exist in order to promote operational efficiency and effectiveness, provide reliable financial information, safeguard assets and records, encourage adherence to prescribed policies and comply with regulatory agencies. The basic concepts of internal controls indicate that the management, not auditors, must establish and maintain the entity's controls; the internal control structure should provide reasonable assurance that financial reports are correctly stated.This study is done to promote and understanding of the internal control system based on the Committee of Sponsoring Organization (COSO) Internal Control - Integrated\ Framework. The study is to significantly highlight among the most important aspect of internal control which includes the control environment, or "Tone at the Top." The attitudes and behaviour of senior executive management and the Board of Directors is essential to a healthy system of internal control. An internal control environment consists of management's philosophy and operating style that includes the tone at the top that is set by the board and senior executives of an entity. It should also include the integrity and ethical values of the employees, a proper risk assessment and evaluations, an organizational structure that promotes separation of duties and decreases conflicts of interest, the assignment of authority and responsibility so people understand their roles and responsibilities, having competent, knowledgeable personnel who are informed of policies and procedures and have the proper training and ongoing development, communication of pertinent issues and information systems that have built-in business rules and controls. This study is done through primary data assessment. Questionnaires were distributed among the management team of TH Properties Sdn. Bhd. to get a better feedback and understanding on the current internal control system implemented in the organization. This is then compared with the COSO framework to understand the effectiveness of internal control system and the implementation of the internal control system in the organization. This study promotes a better view and understanding over the internal control effectiveness of TH Properties Sdn. Bhd. This is to ensure a better understanding of the current internal control system implemented in the organization and promote to improvisation for the organization. 2014 Thesis https://ir.uitm.edu.my/id/eprint/15142/ https://ir.uitm.edu.my/id/eprint/15142/1/TM_SHAZLINA%20ABDUL%20JALIL%20AC%2014_5.pdf text en public mphil masters Universiti Teknologi MARA Faculty of Accountancy
institution	Universiti Teknologi MARA
collection	UiTM Institutional Repository
language	English
topic	Auditing Auditing
spellingShingle	Auditing Auditing Abdul Jalil, Shazlina Internal control effectiveness in a property development company: a case study of TH Properties Sdn.Bhd. / Shazlina Abdul Jalil
description	Internal controls exist in order to promote operational efficiency and effectiveness, provide reliable financial information, safeguard assets and records, encourage adherence to prescribed policies and comply with regulatory agencies. The basic concepts of internal controls indicate that the management, not auditors, must establish and maintain the entity's controls; the internal control structure should provide reasonable assurance that financial reports are correctly stated.This study is done to promote and understanding of the internal control system based on the Committee of Sponsoring Organization (COSO) Internal Control - Integrated\ Framework. The study is to significantly highlight among the most important aspect of internal control which includes the control environment, or "Tone at the Top." The attitudes and behaviour of senior executive management and the Board of Directors is essential to a healthy system of internal control. An internal control environment consists of management's philosophy and operating style that includes the tone at the top that is set by the board and senior executives of an entity. It should also include the integrity and ethical values of the employees, a proper risk assessment and evaluations, an organizational structure that promotes separation of duties and decreases conflicts of interest, the assignment of authority and responsibility so people understand their roles and responsibilities, having competent, knowledgeable personnel who are informed of policies and procedures and have the proper training and ongoing development, communication of pertinent issues and information systems that have built-in business rules and controls. This study is done through primary data assessment. Questionnaires were distributed among the management team of TH Properties Sdn. Bhd. to get a better feedback and understanding on the current internal control system implemented in the organization. This is then compared with the COSO framework to understand the effectiveness of internal control system and the implementation of the internal control system in the organization. This study promotes a better view and understanding over the internal control effectiveness of TH Properties Sdn. Bhd. This is to ensure a better understanding of the current internal control system implemented in the organization and promote to improvisation for the organization.
format	Thesis
qualification_name	Master of Philosophy (M.Phil.)
qualification_level	Master's degree
author	Abdul Jalil, Shazlina
author_facet	Abdul Jalil, Shazlina
author_sort	Abdul Jalil, Shazlina
title	Internal control effectiveness in a property development company: a case study of TH Properties Sdn.Bhd. / Shazlina Abdul Jalil
title_short	Internal control effectiveness in a property development company: a case study of TH Properties Sdn.Bhd. / Shazlina Abdul Jalil
title_full	Internal control effectiveness in a property development company: a case study of TH Properties Sdn.Bhd. / Shazlina Abdul Jalil
title_fullStr	Internal control effectiveness in a property development company: a case study of TH Properties Sdn.Bhd. / Shazlina Abdul Jalil
title_full_unstemmed	Internal control effectiveness in a property development company: a case study of TH Properties Sdn.Bhd. / Shazlina Abdul Jalil
title_sort	internal control effectiveness in a property development company: a case study of th properties sdn.bhd. / shazlina abdul jalil
granting_institution	Universiti Teknologi MARA
granting_department	Faculty of Accountancy
publishDate	2014
url	https://ir.uitm.edu.my/id/eprint/15142/1/TM_SHAZLINA%20ABDUL%20JALIL%20AC%2014_5.pdf
_version_	1783733347853271040

Internal control effectiveness in a property development company: a case study of TH Properties Sdn.Bhd. / Shazlina Abdul Jalil

Similar Items