Internal control under the approach of COSO ERM framework components: a study in a higher education institution

Purpose: The present work aimed to investigate the perception of managers in a State Higher Education Institution regarding the alignment of the institutional internal control system with international standards, as proposed by COSO in the document Enterprise Risk Management – Integrated Framework....

Descripción completa

Detalles Bibliográficos
Autores: Barreto, Kamilla Alves, Callado, Antônio André Cunha, Callado, Aldo Leonardo Cunha
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2023
País:Brasil
Institución:Universidade Federal do Rio Grande do Norte (UFRN)
Repositorio:Revista Ambiente Contábil
Idioma:inglés
OAI Identifier:oai:periodicos.ufrn.br:article/33077
Acceso en línea:https://periodicos.ufrn.br/ambiente/article/view/33077
Access Level:acceso abierto
Palabra clave:Internal control. COSO. Risks.
Inglês (Estados Unidos).
Control interno. COSO. Riesco.
Controle interno. COSO. Riscos.
Descripción
Sumario:Purpose: The present work aimed to investigate the perception of managers in a State Higher Education Institution regarding the alignment of the institutional internal control system with international standards, as proposed by COSO in the document Enterprise Risk Management – Integrated Framework. Methodology: To this end, 40 questionnaires were applied to the institution's civil servants to investigate the internal control system. For this research, data were collected using structured interviews conducted through the application of an elaborated questionnaire and the statistical analyzes were operationalized through the Mann Whitney U and the Kruskal-Wallis tests. Based on the bibliographic survey, 35 competencies related to the components of COSO ERM were listed. Results: The results obtained in the analyzes presented significant evidence on the presence of mimetic isomorphism among the public servants analyzed, since a few out of the 35 skills analyzed showed statistically significant differences. By the results, it was possible to understand the general alignment level of UEPB’s internal control system with the aspects recommended by COSO. Taking as reference the framework studied as an interconnected structure, where each of the risk management components represents actions necessary for attaining the organizational objectives. Contributions of the Study: The research results contribute to the literature, consolidating risk management practices in the public sector and verifying the profile of agents in terms of their perception of risk management practices, allowing managers to have an operational view of the results found, leading to to improvements in risk management.