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Research Paper | Accounting | Iraq | Volume 7 Issue 6, June 2018
The Relationship and Impact of Electronic Operation on Improving Efficiency and Effectiveness of the Internal Control System
Abstract: Internal control is an independent, objective assurance and consulting activity designed to add value and improve and organizations operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluating and improving the effectiveness of risk management, control and governance processes. In most business organisations nowadays, the internal control is not only functioned as internal control reviewer but also played an important role as business risk access. Meanwhile internal control system is a set of policies and procedures established by the function management to enable the organisation to achieve its objectives this procedure is followed by e-operations. e-operations is expected to assess risk and then setting up strategies to manage the risk through development of systematic and structured control procedures. Hence, the intention of this paper is to explore the effect of internal controlling towards internal control system effectiveness in higher relationship and impact of e- operation in improving efficiency and effectiveness of the internal control system. e- operation were looked from the perspectives of control environment, risk assessment, control activities, information and communication and monitoring in internal control systems. This paper is a descriptive paper and conducted by reviewing previous studies as research designs. This paper concludes that, e-operation may influence internal control system effectiveness of higher learning institutions and it needs to be proven empirically by field work study
Keywords: Internal control, internal control effectiveness, e-operation, efficiency
Edition: Volume 7 Issue 6, June 2018,
Pages: 326 - 333