Sistem Pengendalian Internal terhadap Pengeluaran Kas di Kantor Pusat PT Perkebunan Nusantara IV

Abstract

Cash is an asset with the highest level of liquidity compared to other assets. Due to its highly liquid nature, cash is the easiest and the most common asset to misappropriate. To prevent fraud and protect the company assets, an internal control system for effective cash disbursements is needed. This study aims to determine the application of internal control systems on cash disbursements at the Head Office of PT Perkebunan Nusantara IV. The method used in this research is descriptive analysis method where the data comes from primary data and secondary data. The results showed that the implementation of the internal control system for cash disbursements at the Head Office of PT Perkebunan Nusantara IV had fulfilled the principles of effective internal control, but had not fulfilled the elements of effective internal control because PT Perkebunan Nusantara IV had not implemented periodic position rotation.