The Impact of Internal Audit and its Quality on Sales in Economic Institutions: A Case Study (Al-Ahlia Cement Company - Libya)
Journal Title: International Journal of Academic Research in Business and Social Sciences - Year 2019, Vol 8, Issue 8
Abstract
The objective of this study was to find out the effect of internal audit and its quality on sales in the economic institutions, because the auditing works to show the actual result of the institution. The research was based on the statistical analysis program (SPSS) and descriptive analysis. The researchers used the arithmetic mean the standard deviation to describe the questionnaire items and Pearson correlation coefficient between variables. The study found that there is a strong relationship between the internal audit and the quality of internal audit, and sales in economic institutions, and that the staff of the audit department are characterized by integrity and honesty. The internal audit has a prominent role in the decision-making by the beneficiaries, and the presence of a special section of the audit of sales in the institution checks the invoices with the goods out, and monitors the sales by an independent person. The researcher recommended that the opinions of the auditors should be according to the accepted accounting principles. The courses should be done in dealing with the computer in completing the transactions. He recommended that the sales operations should be analyzed periodically to avoid fraud in the invoices.
Authors and Affiliations
Marwan Ibrahim Alfadhli, Nik Mohd Norfadzilah bin Nik Mohd Rashid, Madam Noryati Yaakub
Black-Scholes Models with Inherited Time and Price Memory
In this study, we examine three Black-Scholes option pricing models with inherited time and assess price memories. In other words, we take into consideration the reliance of these models on both the current state and the...
Determining Factors of Community Safety to Combating Crime in Neighborhood Residential
Gated and guarded communities in Malaysian are commonly identified with a cluster of houses surrounded by fence with controlled access to provide some sense of crime protection for communities. Safety awareness nowadays...
Embracing the Need of Employee Creativity and Innovation: A Study of Selected Government Linked Companies (GLCs)
The ability of employees to become creative and innovate is significant in gaining competitive advantages. Many studies have highlighted the significant and the need for employee creativity and innovation for organisatio...
Inclusive Leadership, Safety Climate and Safety Behaviour: A Proposed Framework
The purpose of this paper is to propose a framework for understanding inclusive leadership as an antecedent of the safety climate – safety behaviour relationship. Though the relationship between safety climate and safety...
Critical Success Factor for Sustainable Facilities Management: A Review of Literature
Effort to sustainable facilities management (SFM) requires a paradigm shift in terms of management, technology adoption and end-user behaviors. In order to achieve the above efforts, the main role that the FM profession...