The Influence of Internal Control System on the Financial Accountability of Elementary Schools in Bandung, Indonesia

Abstract

This study aims to find out the effect of internal control components on financial accountability of schools. Using convenience sampling, the sample of this study is 168 respondents. Path analysis is used to test the effect of internal control on financial accountability. The result shows that, partially, control environment, control activity, and supervision significantly affect financial accountability. On the other hand, risk assessment, information and communication don't significantly affect financial accountability. Simultaneously, control environment, risk assessment, control activity, information and communication, and supervision significantly affect financial accountability.

Keywords: control environment, risk assessment, control activity, information and communication, supervision, financial accountability.