INTERNAL CONTROL AND COMPUTER ENVIRONMENT
DOI:
https://doi.org/10.56362/Rev2299065MKeywords:
internal control, accounting information system, advantages, disadvantages, computer environmentAbstract
The increasing development of information technologies and their application, imposes more and more questions and related risks. Internal control brings great benefits to all company activities, but there are also risks associated with it. The advantages of using information-communication technologies are multiple, but the computer environment, in addition to numerous advantages, has also led to many problems. This paper examines internal control in a computer environment. The advantages and disadvantages of internal control are pointed out and the ways of future research of these topics. The conclusion is that the internal control system has been raised to a higher level in the computer environment. The higher level of development opens new questions, and new opportunities and problems arise.
References
Al-Mashhadi, A.S.J. (2021). Review on Development of the Internal Control System. Journal of Accounting Research, Business and Finance Management, 12-20.
Anderson, U. L., Head, M. J., Ramamoorti, S., Riddle, C., Salamasick, M., & Sobel, P. J. (2017). Internal auditing: Assurance & advisory services. Institute of Internal Auditors Research Foundation.
Arwinge, O. (2012). Internal control: A study of concept and themes. Springer Science & Business Media.
Basu, S.K. (2009). Fundamentals of Auditing. Dorling Kindersley (India) Pvt. Ltd. Pearson Education.
Blagojević, M., Papić, M., & Garabinović, D. (2020). Business intelligence and open data: The possibilities for the derivation of valuable information in tourism domain. Hotel and Tourism Management, 8(2) 113-124. https://doi.org/10.5937/menhottur2002113B%20
Chiu, T., & Wang, T. (2019). The COSO framework in emerging technology environments: an effective in-class exercise on internal control. Journal of Emerging Technologies in Accounting Teaching Notes, 16(2), 1-10. http://dx.doi.org/10.2308/jeta-52500
Graham, L. (2015). Internal control audit and compliance: documentation and testing under the new COSO framework. John Wiley & Sons.
Jovković, B. (2019). Ocena prioritetnih ciljeva i funkcionisanje interne kontrole u preduzećima Šumadijskog i Raškog okruga. Ekonomski horizonti, 21(2), 131-143. https://doi.org/10.5937/ekonhor1902131J
Jovković, B. (2021). Strukturiranje izveštaja o internoj kontroli u funkciji unapređenja internog izveštaja preduzeća. U Janjić, V., Malinić, D., Todorović, M., & Jovanović, D. (Ur.). Računovodstvena znanja kao činilac ekonomskog i društvenog napretka (187-201), Ekonomski fakultet Univerziteta u Kragujevcu, Kragujevac.
Knežević, S., Obradović, T., Mitrović, A., & Milašinović, M. (2021). Računovodstveni informacioni sistemi u digitalnom okruženju. U XIII Skup privrednika i naučnika SPIN ’21 Industrija 4.0 – Mogućnosti, izazovi i rešenja za digitalnu transformaciju privrede (390-398), 8-9. novembar 2021. godine, Univerzitet u Beogradu Fakultet organizacionih nauka Centar za operacioni menadžment, Beograd.
Knežević, S., Stanković, A., & Tepavac, R. (2012). Accounting Information System as a Platform for Business and Financial Decision-Making in the Company. Management Journal for Theory and Practice Management, 17(65), 63-69.
Kupec, V., Písař, P., Lukáč, M., & Pajtinková Bartáková, G. (2021). Conceptual comparison of internal audit and internal control in the marketing environment. Sustainability, 13(12), 6691. https://doi.org/10.3390/su13126691
Ljubisavljević, S., & Jovković, B. (2016). Revizija finansijskih izveštaja. Ekonomski fakultet Univerziteta u Kragujevcu.
Michael C. K. (2011). Contemporary Auditing: Real Issues and Cases. South-Western, Cengage Learning.
Mitrović, A., & Knežević, S. (2020). Fraud and Forensic Accounting in the Digital Environment of Accounting Information Systems: Focus on the Hotel Industry. In 5th International Scientific Conference Tourism in Function of Development of the Republic of Serbia Tourism and Rural Development (281-295), 03rd – 5th 2020 september, Thematic Proceedings I, Faculty of Hotel Management and Tourism in Vrnjačka Banja.
Mitrović, A., & Milašinović, M. (2019). Pogled na značaj i aktuelnost računovodstvenih informacionih sistema u savremenom poslovnom okruženju, Međunarodna naučna konferencija Mediji i ekonomija, 20. septembar, 2019, Banja Luka, BLC College. 270-276.
Mitrović, A., & Milašinović, M. (2021). Računovodstveni informacioni sistemi i prevarne radnje. U Grupa autora, Forenzičko računovodstvo, istražne radnje, ljudski faktor i primenjeni alati (112-130), Fakultet organizacionih nauka Univerziteta u Beogradu, Beograd.
New York (State). Office of the State Comptroller (2007). Standards for internal control in New York state government. New York
Petrović, S. (2004). Kompjuterski kriminal, Vojnoizdavački zavod, Beograd.
Stanišić, M. (2020). Implikacije IT rizika i kontrola na internu reviziju. Revizor, 23(89-90), 61-74. https://doi.org/10.5937/Rev2090061S
Todorović, M., & Ljubisavljević, S. (2019). Primena informacionih tehnologija u računovodstvu–izazovi za reviziju. U Šapić, S., Kostić, M., Obradović, V., Todorović, V., & Drenovak, M. (Red.) Ekonomski efekti tranzicije i restrukturiranja privrede Srbije u funkciji evropskih integracija (351-362), Ekonomski fakultet Univerziteta u Kragujevcu, Kragujevac.
Todorović, M., & Parč, D. (2022). Faktori uspeha, alati i zadaci kontrolera u uslovima intenzivne digitalizacije. Ekonomski horizonti, 24(2), 177-193. https://doi.org/10.5937/ekonhor2202177T
Vaassen, E.H., Meuwissen, R., & Schelleman, C. (2009). Accounting information systems and internal control. John Wiley & Sons, West Sussex, UK.
Vićentijević, K. (2021). Izazovi računovodstva u savremenom digitalnom okruženju. Revizor, 24(93), 27-36. https://doi.org/10.5937/rev2193027V
von Solms, E.K., & Strous, L.A.M. (2002). Information security: A corporate governance issue. In Gertz, M. (Eds), Working Conference on Integrity and Internal Control in Information Systems (pp. 115-133). Springer, Boston, MA.
Zhang, Y. (2021). On the application of computer in the internal control of financial accounting system. Journal of Physics: Conference Series. 1744(4), 042066. http://dx.doi.org/10.1088/1742-6596/1744/4/042066
