Effectiveness of internal control systems: A case study of a TVET College in Vhembe District, Limpopo Province, South Africa

Alec Zitha, Freddy Munzhelele and Ndivhuwo Sirembe
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Freddy Munzhelele: University of Venda
Ndivhuwo Sirembe: University of Free State

International Journal of Research in Business and Social Science (2147-4478), 2024, vol. 13, issue 9, 157-166

Abstract: This study examined the efficacy of the internal control systems at a TVET College in the Vhembe district, emphasising the five essential components of an internal control system: the control environment, risk assessment, control activities, information and communication processes, and monitoring. This research utilises a sample of 52 permanent employees. The selected responders possess familiarity with internal control systems and are engaged in the development and execution of the organization's internal control system. Descriptive statistics, including frequencies, percentages, and cumulative percentages, were employed for analysis. The study's findings indicated that the institution's control environment was predominantly effective, whilst the remaining four components of its internal control system were moderately effective. The researcher determined that the institution's internal control system was moderately effective. The findings indicate that TVET College management should prioritise the enhancement of internal control systems to improve operational efficiency and risk management. The research emphasises the necessity for policies that fosters the ongoing enhancement of internal controls, potentially resulting in stronger governance and accountability inside the organisation. Key Words:internal control, environment, risk assessment, control activities, information and communication processes, monitoring.

Date: 2024
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