IMPLEMENTATION OF INTERNAL CONTROL (COSO FRAME WORK) ON INVENTORY MANAGEMENT (CASE STUDY IN PT. MITRA MAKMUR GEMILANG, A MANUFACTURING COMPANY)

Abstract

The purpose of this study is to determine and assess the extent of internal control functions in managing inventories for achieving efficiency and effectiveness of the company. The method used to obtain the information required in the preparation of this skripsi is the research literature and field research. The results obtained by conducting internal audits based on the COSO framework, namely the discovery of the problems that interfere with activities of the company. The resulting conclusions and recommendations is that the management of raw material inventories have performed quite well although there are some drawbacks. Here the company should immediately seek a variety of strategies to improve some of these weaknesses in order to manage the activities in inventory of raw material can be run better.