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Introduction
Internal control is the integration of the activities, plans, attitudes, policies, and efforts of the people of an organization working together to provide reasonable assurance that the organization will achieve its objectives and mission.
4. Methodology used
The author used method of analytical statistics and analysis of content and secondary and primary data. The author used primary data in order to analyze legislations of laws and regulations and instructions related to the control of public fund. So as to limit those working in the control of public fund. So as to limit those working in the control field on public fund its objectives, duties and tasks. Secondary data was collected by the questionnaire prepared for this purpose based on previous studies, literature theory and legislations.
According to the finding there are positive and negative impact of multiple authorities that conduct internal control face duplication and contradiction of works between authorities.
Weakness
-there is no literature review /theory / to compare with the actual findings -there is no conclusion about the findings of the study
Strength
-It is helpful to add knowledge concerning internal control
-the interview is well developed and the author used to make analysis by using primary and secondary data and the authors tries to recommend concerning the overall thesis and what should do
6. Conclusion
According to the result of the research there are four authorities conducting internal control -ministry of finance -internal control unit in the ministries and public institutions -internal auditing unit in the directorate of financial affairs in the ministries and institutions -general budget department There is overlap and duplication in the functions of these administrative units controlling through multiple authorities have advantage and disadvantage
7.Recommendation
Internal financial control is managing the risk to the organization from errors or fraud and therefore assists in the achievements of public body s objectives. It will remove all risks but is a means of managing risks and reducing the likelihood and consequence of adverse event. As we have seen earlier internal control conducted through multiple authorities has both positive and negative impact .but the reviewer conclude that the positive impact is greater .so any controlling unit that conduct internal control should have to take care of not to make duplication and contradiction of its work.
Table of content
PAGE
Introduction---------------------------------------------------------------------1
Purpose of internal control---------------------------------------------------------1 Importance of internal control to the public body-------------------------------1 Objectives of writing the summary -----------------------------------------------1 Problems identified by the author-------------------------------------------------1 Methodology used-------------------------------------------------------------------2 Analysis-------------------------------------------------------------------------------2 The authors analysis----------------------------------------------------------------2 Reviewers analysis------------------------------------------------------------------3
Conclusion----------------------------------------------------------------------4 Recommendation---------------------------------------------------------------4