Implementation of Internal Control Information System to Improve The Effectiveness of The Company's Financial Supervision

Effective financial supervision is an essential element in the success of a company's management. With the development of technology, the implementation of internal control information systems is increasingly becoming the main need. This study aims to analyze how the internal control information system can improve the effectiveness of a company's financial supervision. The research method used is a literature review and empirical analysis of companies implementing internal control information systems. The study results show that companies that use internal control information systems can reduce errors in financial records, increase transparency, and minimize the risk of financial fraud. This study implies that the implementation of an internal control information system can help companies improve operational efficiency and strengthen overall corporate governance, which ultimately has an impact on increasing investor and stakeholder confidence.

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Publication Details

Journal
SHILAP Revista de lepidopterología
Published
2024-12-01
DOI
https://doi.org/10.31538/iijse.v7i3.6268
Primary Topic
Financial Literacy and Behavior
Type
article
Field-Weighted Citation Impact
0.00
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article

Implementation of Internal Control Information System to Improve The Effectiveness of The Company's Financial Supervision

SHILAP Revista de lepidopterología
Financial Literacy and Behavior
article

Implementation of Internal Control Information System to Improve The Effectiveness of The Company's Financial Supervision

article en

Abstract

Effective financial supervision is an essential element in the success of a company's management. With the development of technology, the implementation of internal control information systems is increasingly becoming the main need. This study aims to analyze how the internal control information system can improve the effectiveness of a company's financial supervision. The research method used is a literature review and empirical analysis of companies implementing internal control information systems. The study results show that companies that use internal control information systems can reduce errors in financial records, increase transparency, and minimize the risk of financial fraud. This study implies that the implementation of an internal control information system can help companies improve operational efficiency and strengthen overall corporate governance, which ultimately has an impact on increasing investor and stakeholder confidence.

SHILAP Revista de lepidopterología
Tarumanagara University (ID)
Peace, Justice and strong institutions
Openalex Percentile: Top 39%
Financial Literacy and Behavior
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Implementation of Internal Control Information System to Improve The Effectiveness of The Company's Financial Supervision · SHILAP Revista de lepidopterología (2024) | TGRS Research Map | TGRS