Analysis of the Internal Control System for Cash Receipts and Disbursements at PT ASABRI Palembang Branch Office

Emilia Gustini; Tania Mulia Anastasia

doi:10.63922/ijebir.v5i03.3472

Emilia Gustini Universitas Bina Darma
Tania Mulia Anastasia Universitas Bina Darma

DOI: https://doi.org/10.63922/ijebir.v5i03.3472

Keywords: Internal Control; Cash Receipts; Cash Disbursements; ASABRI

Abstract

This study aims to analyze the internal control system for cash receipts and disbursements at PT ASABRI (Persero) Palembang Branch Office. The study used a qualitative approach with descriptive methods. Data were obtained through interviews, observations, and documentation related to cash procedures and the company's internal control structure. Data analysis was carried out through the stages of data collection, data reduction, data presentation, and conclusion drawing. The results of the study indicate that the internal control system for cash receipts and disbursements at PT ASABRI (Persero) Palembang Branch Office has generally been implemented quite well and refers to the elements of internal control, including segregation of duties, authorization systems, recording procedures, and supervisory practices. However, several weaknesses were still found, particularly in the aspects of separation of functions and consistency of supervision, which have the potential to increase the risk of errors or deviations. Therefore, the company is advised to strengthen its internal control function and improve compliance with established procedures to improve the effectiveness of internal cash control.

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