Analisis Sistem Pengendalian Internal Atas Piutang Usaha Pada PT. Federal International Finance Cabang Lumajang

Abstract

The existence of an internal control system is intended to avoid or reduce the possibility of losses and deviations from the established plan. The internal control system covers organizational plans and all methods and methods used in the company to secure the company's assets, check accuracy and trust in accounting data, advance operational efficiency and encourage compliance with established policies. The formulation of the problem taken in this study is how the Internal Control System of Accounts Receivable at PT. Federal International Finance Lumajang Branch. According to the background and formulation of the problem, the purpose of this study is to determine the internal control system of trade receivables at PT. Federal International Finance Lumajang Branch. This research uses a qualitative method with two variables, namely the internal control system and trade receivables. Data collection methods through interviews, observations and questionnaires. The results of the study include an organizational structure that separates functional responsibilities explicitly; a system of authority and recording procedure that provides adequate protection against wealth, debt, income and costs; and quality employees in accordance with their responsibilities, all are in accordance with the internal control system. While healthy practices in carrying out their duties and functions are not in accordance with the internal control system. Receivables collection procedure; recording of accounts receivable; write-off of receivables, everything is according to procedure. While the risk of accounts receivable is not appropriate because it has not implemented the risk of capital embedded. Conclusion 1) The overall internal control system has been running well, 2) trade receivables as a whole have not been running well.