Assessing bank’s internal control effectiveness: The case of Ghanaian listed banks
Yükleniyor...
Dosyalar
Tarih
2020
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
SSBFNET
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
This paper aims to evaluate the effectiveness of Ghanaian listed banks using COSO’s IC framework. Only Control environment, Risk assessment, and Monitoring activities components of the framework considered for this study. Methodologically, out of the 60 questionnaires, surveys distributed to the banks 37 copies received representing a 61.7% response rate. Statistic Package for Social Sciences (SPSS) v25 used to analyze data by running among other reliability tests, tests of normality, and descriptive statistics. The results of means and standard deviations gained ascertained that; strong cont rols existed in the control environment, risk assessment, and monitoring activities of internal control of the Ghanaian listed banks. A risk assessment had a low average mean compared to the control environment and monitoring activities. Because banks oper ate under higher risk than any other financial institution, we propose that Ghanaian listed banks should increase investment in risk assessment.
Açıklama
Anahtar Kelimeler
Internal Control, COSO, Control Environment, Risk Assessment, Monitoring, Internal Auditing, Corporate Governance
Kaynak
International Journal of Research in Business and Social Science
WoS Q Değeri
Scopus Q Değeri
Cilt
9
Sayı
4
Künye
Aksoy, T. ve Mohammed, A. (2020). Assessing bank’s internal control effectiveness: The case of Ghanaian listed banks. International Journal of Research in Business and Social Science, 9(4), 196-206.
