Sistem Pengendalian Internal Kas pada PT Perkebunan Nusantara III (Persero) Medan

Abstract

Cash is the only asset that is readily converted into other types of assets. Cash is also easy to hide and transport, and highly desirable. Due to these characteristics, cash is the most vulnerable asset to fraudulent activity. To secure cash, one of the most important things to do is effective internal control over cash. The purpose of this research is to find out the suitability of the internal control system, especially the cash disbursement section at PT Perkebunan Nusantara III (Persero) Medan with respect to cash internal control procedures which should be mainly according to Mulyadi's theory. The method used to get the desired results is qualitative method with direct interviews and observation. The internal control system for cash disbursements carried out by PT Perkebunan Nusantara III (Persero) Medan is in accordance with the theory that has been put forward regarding internal control according to Mulyadi (2016: 130) where in its implementation PT Perkebunan Nusantar III (Persero) Medan has implemented a good organizational structure , a system of authority and record-keeping procedures that provide sufficient protection for cash, healthy practices in carrying out the duties and functions of each organizational unit, employees whose quality is in accordance with their responsibilities.