ANALYSIS OF THE INTERNAL CONTROL SYSTEM FOR CASH DISBURSEMENTS AT PT. BPR BANK PRISMA DANA TOMOHON BRANCH, NORTH SULAWESI PROVINCE

Abstract

This study aims to determine, analyze, and identify how the internal control system for cash expenditures (Case study at PT. BPR Bank Prisma Dana Branch Tomohon North Sulawesi) The research method used is Descriptive qualitative, with data collection techniques, namely; Observation, Interview and Documentation. The results of the study of the Internal Control System for Cash Expenditures at PT. Bank Prisma Dana Tomohon City are basically quite good because the Company has used a banking technology system that can increase efficiency in the company's financial affairs, where all financial data processing has been done automatically, in addition to the financial data at PT. Bank Prisma Dana can also be viewed in real time so that the company can find out whether the business is experiencing a decline, progress or is at a stagnant point. In terms of Internal Control of Cash Expenditures at PT. Bank Prisma Dana Tomohon City, the Company still has weaknesses because the Company does not have special records for each purchase or cash expenditure at the branch so that the company has a high risk of errors in the numbering of slips when validating the recording of operational financing expenditures in cash. So the application rejects when validating the recording of operational financing expenses. In addition, the cashier or teller who holds the cash is in the same room as other employees, so it is possible that fraud or loss of cash funds can occur.