Proceedings of the 6th International Accounting Conference (IAC 2017)

Internal Control Analysis of Project-Budget Realization In Order To Increase Budgetary Control At PT ABC

Authors
Fransisca Utami, Siti Nurwahyuningsih Harahap
Corresponding Author
Fransisca Utami
Available Online August 2017.
DOI
https://doi.org/10.2991/iac-17.2018.34How to use a DOI?
Keywords
Budget, Project, Internal Control, COSO
Abstract

The purpose of this study is to conduct an internal control analysis of project budget realization based on the Committee of Sponsoring Organizations of the Treadway Commission’s (COSO’s) Internal Control - Integrated Framework. This study is a qualitative case study at a construction company located in Jakarta, Indonesia. The operational activities of the company are carried out by the operational management of the project starting from the tender process, which is getting information about the project tender and determining the tender offer price, following the tender process, throughout project implementation, material ordering, and project subcontracting until the project is completed. This study concluded that internal control of the realization of project budget is very important in monitoring the project implementation. A project-budget-realization report is needed as it can be used to control the progress of the project, in term of timeliness, cost efficiency, and quality.

Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 6th International Accounting Conference (IAC 2017)
Series
Advances in Economics, Business and Management Research
Publication Date
August 2017
ISBN
978-94-6252-519-1
ISSN
2352-5428
DOI
https://doi.org/10.2991/iac-17.2018.34How to use a DOI?
Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Fransisca Utami
AU  - Siti Nurwahyuningsih Harahap
PY  - 2017/08
DA  - 2017/08
TI  - Internal Control Analysis of Project-Budget Realization In Order To Increase Budgetary Control At PT ABC
BT  - Proceedings of the 6th International Accounting Conference (IAC 2017)
PB  - Atlantis Press
SP  - 189
EP  - 194
SN  - 2352-5428
UR  - https://doi.org/10.2991/iac-17.2018.34
DO  - https://doi.org/10.2991/iac-17.2018.34
ID  - Utami2017/08
ER  -