Evaluation of the System of the Internal Control for the Electronic Accounting Information System according to the framework of the Committee of Sponsoring Organizations (COSO) Proposed Model

Abstract

The research aims to identify internal control according to the framework of the Committee of Sponsoring Organizations (COSO) and the Electronic Accounting Information System and to evaluate the Internal Control over the Electronic Accounting Information System for economic units according to a proposed survey questionnaire that contains a set of questions for the elements of the framework (Control Environment, Risk Evaluation, Information and Communication, Control Activities , Monitoring Activities) and applied to the online program for salary clause (Key Card system). The research reached a number of conclusions. The most important conclusion is that the procedures of the Electronic Accounting Information System were not classified according to the elements of the framework of the Committee of Sponsoring Organizations (COSO). By applying the proposed model to the salaries of the department of education, the risks of the internal control, lack of effectiveness, were recorded at rates of (91%, 85%, 91%, 76%, 80%) for the elements (Control Environment, Risk Evaluation, Information and Communication, Control Activities, Monitoring Activities).