Selected internal controls and their monitoring within two government departments : an analysis

Abstract

This report examines the extent of the internal controls systems as adopted by these two Government departments, DCS and Customs in order to maximise revenue collection and to minimise expenditure through procurement. Objectives The objectives of this project are to establish what internal controls are adopted by these two Government departments. An assertion and comparison was made and also identified and analysed the application of the major control cycles with respect of the following two processes: ~ Revenue control process ~ Procurement (includes expenditure) control process Methodology The objectives of this project were achieved through data collected from semi-structured interview with officials of both departments, as well as personal observation of both researchers. This study gave a detailed review of how such major controls are being implemented with the regulatory framework, such as regulations, MF I MFEI I OPM and other relevant circulars. Scope and Limitations The scope of this project relates to information in each Department as reported on December 2012. Staff limitations were the result of the main obstruction to properly execute segregation of duties.