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...

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Main Author:	Abdul Jalil, Shazlina
Format:	Thesis
Language:	English
Published:	2014
Subjects:	Auditing Income and expenditure. Budget
Online Access:	http://ir.uitm.edu.my/id/eprint/15142/ http://ir.uitm.edu.my/id/eprint/15142/1/TM_SHAZLINA%20ABDUL%20JALIL%20AC%2014_5.pdf

id	uitm-15142
recordtype	eprints
spelling	uitm-151422016-11-10T03:46:11Z http://ir.uitm.edu.my/id/eprint/15142/ Internal control effectiveness in a property development company: A case study of TH Properties Sdn.Bhd. / Shazlina Abdul Jalil 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 NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/15142/1/TM_SHAZLINA%20ABDUL%20JALIL%20AC%2014_5.pdf Abdul Jalil, Shazlina (2014) Internal control effectiveness in a property development company: A case study of TH Properties Sdn.Bhd. / Shazlina Abdul Jalil. Masters thesis, Universiti Teknologi MARA.
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
language	English
topic	Auditing Income and expenditure. Budget
spellingShingle	Auditing Income and expenditure. Budget 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
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
publishDate	2014
url	http://ir.uitm.edu.my/id/eprint/15142/ http://ir.uitm.edu.my/id/eprint/15142/1/TM_SHAZLINA%20ABDUL%20JALIL%20AC%2014_5.pdf
first_indexed	2023-09-18T22:53:12Z
last_indexed	2023-09-18T22:53:12Z
_version_	1777417681612308480

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

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