Internal Control Factors on Accordance with COSO Affect the Operational Efficiency of Provincial Electricity Authority

Abstract

This research aims to study 1) The level of internal control factors on accordance with COSO of Provincial Electricity Authority. 2) The level of operational efficiency factors of Provincial Electricity Authority. And 3) the internal control factors on accordance with COSO affect the operational efficiency of Provincial Electricity Authority. The data collected by questionnaires, testing with 303 respondents who was the personnel of Provincial Electricity Authority. The research sampling was accidental sampling. The index of item-objective congruence (IOC) was 0.754 and reliability value of 0.827. The statistical analyzed data were frequency, percentage, mean, standard deviation and enter multiple regression analysis.

Results of the research showed that Overall, the internal control factors on accordance with COSO of Provincial Electricity Authority was at a high level ( = 4.164, S.D.= 0.512) and the operational efficiency was at a high ( = 4.020, S.D.= 0.686). The hypothesis testing results found that the internal control factors on accordance with COSO; objective setting, risk assessment, risk response, control activities and monitoring affected the operational efficiency of Provincial Electricity Authority on planning aspects with significant statistical at 0.05 level. And found that internal control factors on accordance with COSO; objective setting, event identifications, risk response, information and communication and monitoring did significantly affect the operational efficiency of Provincial Electricity Authority on operation aspects at 0.05 level statistics.