CONTROL OF PHYSICAL ASSETS OF BANKING INSTITUTIONS by Ivonne H. Putong, Sintje P. Allouw, Treesje A.C. Langi, Rudy A.J. Wowiling, Scientific Research Journal (Scirj), Volume VII, Issue XII, December 2019 Edition

Scirj Volume VII, Issue XII, December 2019 Edition
ISSN: 2201-2796

CONTROL OF PHYSICAL ASSETS OF BANKING INSTITUTIONS

Ivonne H. Putong, Sintje P. Allouw, Treesje A.C. Langi, Rudy A.J. Wowiling

Abstract: Financial institutions that play an important role in a country are banks, because the development and progress of a country will not be separated from banks as financial institutions. As the largest government-owned bank in North Sulawesi and Gorontalo, Bank ABC must also manage fixed assets in order to protect the company wealth. The purpose of this research was to determine how the internal control of the fixed asset accounting system at ABC Bank. The analytical method used in this discussion is descriptive analysis. The results showed that as a whole was quite effective, the bank management had applied the principles of internal control over assets and inventory at ABC Bank. Adequate systems and procedures owned by banks, and supported by the OLIBS (Online Integreted Banking System) system make a significant level of errors in the control and reporting of assets can be resolved quickly. It should be a concern of the management of the placement of human resources to handle office assets and inventory. The system must be supported by reliable employees, and professionals who can carry out the entire procedure in accordance with what has been set.

Reference this Paper: CONTROL OF PHYSICAL ASSETS OF BANKING INSTITUTIONS by Ivonne H. Putong, Sintje P. Allouw, Treesje A.C. Langi, Rudy A.J. Wowiling published at: "Scientific Research Journal (Scirj), Volume VII, Issue XII, December 2019 Edition, Page 20-24 ".

Search Terms: Control, Physical Assets, Banking Institutions

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