Mohamad Shabri, Shafawaty and Saad, Ram Al Jaffri and Abu Bakar, Azizi (2016) The Effects of Internal Control Systems on Cooperative’s Profitability A Case of Koperasi ABC Berhad. International Review of Management and Marketing, 6 (8). pp. 240-245. ISSN 2146-4405

Preview

PDF - Published Version Available under License ["licenses_description_cc4_by_nc_nd" not defined]. Download (389kB) | Preview

Abstract

This study investigates the effect of internal control systems on cooperative profitability. Internal control is described by Committee of Sponsoring Organizations of the Treadway Commission (COSO) Framework, which is limited to Control Environment, Risk Assessment, Control Activities, Information and Communication, and Monitoring. This study was conducted using a qualitative approach, where a case study method was applied. Data were collected through interview sessions and documentary evidences. From the findings of study, it was concluded that the internal control systems applied in Koperasi ABC Berhad can be considered effective and satisfactory. This was based on the implementation of all components of internal control systems, as described by the COSO Framework within the cooperative. However, financial losses occurred in the cooperative, caused by inefficient cost control and not due to weak internal controls. Profitability can be improved with a new development plan as well as implementation of effective internal control systems within the cooperative. Good or strong internal control systems would have an effect on the cooperative’s profitability as well as help the stability and growth of the cooperative movement in Malaysia

Item Type:	Article
Uncontrolled Keywords:	Internal Control Systems, Cooperatives, Profitability
Subjects:	H Social Sciences > HF Commerce
Divisions:	College of Business
Depositing User:	Mr. Izhar Hj. Hashim
Date Deposited:	13 Jan 2026 12:57
Last Modified:	13 Jan 2026 12:57
URI:	https://repo.uum.edu.my/id/eprint/32669

Actions (login required)

View Item