EVALUASI SISTEM PENGENDALIAN INTERNAL PIUTANG PADA UMKM (Kasus Pada Technomart International Group Jember)

Abstract

Accounts receivable was one of the most important asset of company since their biggest sales was credit. Mismanagement of accounts receivable could harm the company. Therefore internal control system on accounts receivable was required to reduce the possibility of fraud. Technomart International Group was a growing SMEs in East Java. This company sold water processing equipment for approximately 5 years. The purpose of this study was to evaluate the internal controls accounts on Technomart International Group Jember. Data collected by the method of documentation, observation and interviews. Analyses were performed through the descriptive qualitative method by comparing the theory refers to internal control elements in COSO framework with the practice actually happens on the field. Based on the evaluations, it showed that internal control system on accounts receivable of Technomart International Group Jember on COSO framework, elements of the control environment, control activities element, the element of risk assessment, information and communication element, and the element of supervision were inadequate.