This qualitative study analyzed the problems in the inventorization of public assets based on internal control theory and the Ministry of Home Affairs (MoHA) Regulation 17/2007. It also provided recommendations on the implementation of this process in Indonesia. Data collection consisted of observations, interviews with senior consultants at PT Medina Multi Mitra, and discussions with members of the MoHA and the local governments in Lamongan Regency. Based on the findings, the less effective control environment principles included integrity and ethics, commitment to competence, and individual accountability, while the less effective control activity principles were policies and procedures, and risk mitigation. In addition, recommendations were made in the inventorization, identification, and correction stages, with additional suggestions for goods users and goods managers.
|Title of host publication||Contemporary Research in Accounting|
|Subtitle of host publication||An Indonesian Context|
|Publisher||Nova Science Publishers, Inc.|
|Number of pages||13|
|Publication status||Published - 1 Jan 2019|
- Internal control
- Public assets