The Analysis of Internal Control in The Management of Property Assets

This research aims to evaluate the internal control in asset propertymanagement held by The Directorate General of State Assets Management.Since PT Perusahaan Pengelola Aset handed over its managed assets to theMinistry of Finance in 2009, the assets managed by the Indonesian BankRestructuring Agency and PT Perusahaan Pengelola Aset, which are by theduties and functions of the Directorate General of State Assets Management,began to be managed by Directorate General of State Assets Management.However, since 2014, The Audit Board of the Republic of Indonesia has foundproblems in managing these property assets. Furthermore, these findings reemerged in the 2016, 2019, and 2020 reports. Based on these repeated findings,it is necessary to evaluate the internal control in managing property assets. Thepurpose of the evaluation of the internal control is to assess the internal controlin asset management so that improvements can be made to weaknesses in assetmanagement and finally resolve the problems found by The Audit Board of theRepublic of Indonesia. Evaluation of internal control was carried out using thecriteria contained in the Government Internal Control System followingGovernment Regulation No. 60 of 2008 with qualitative analysis of data andinformation obtained from literature review, document analysis, questionnaires,and interviews. The results show that the internal control carried out by theDirectorate General of State Assets Management has weaknesses in the designand the implementation of internal controls.