Optimizing the Role of Internal Auditors as an Effort to Improve Financial Performance at Village Credit Institutions

Case Study in Pakraman Tukad Mungga Buleleng Village

DOI

10.2991/aebmr.k.211124.082How to use a DOI?

Keywords

Internal auditor; Financial performance; LPD

Abstract

This study aims to determine the role of the internal auditor at the Village Credit Institution (LPD) in supervising financial management, prevention of non-performing loans and the efforts made to improve the quality of LPD performance. The type of research used is descriptive qualitative research. Instrument data in this study were conducted through interviews, observation, documentation and focus groups. In this study, the informants were the LPD Internal Supervisory Board, the LPD Chair and the management as the parties most aware of the LPD operational activities. The results of this study indicate that the success of LPD Tukad Mungga in maintaining its performance cannot be separated from the commitment of the management and also the role of the LPD’s internal supervisory body which actively monitors the financial development of the LPD and also always cooperates with the Head of the LPD as the custodian of the institution. This is done as an effort to optimize the LPD’s internal control. So from this internal control, it is hoped that the LPD’s financial performance is getting better day by day. The management of the LPD will not succeed without the role of the internal supervisor as a party that also determines the direction of the development of the LPD in the future.

Copyright

© 2021 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Made Arie Wahyuni
AU  - Gusti Ayu Ketut Rencana Sari Dewi
AU  - Luh Asri Savitri
PY  - 2021
DA  - 2021/11/25
TI  - Optimizing the Role of Internal Auditors as an Effort to Improve Financial Performance at Village Credit Institutions
BT  - Proceedings of the 6th International Conference on Tourism, Economics, Accounting, Management, and Social Science (TEAMS 2021)
PB  - Atlantis Press
SP  - 567
EP  - 573
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.211124.082
DO  - 10.2991/aebmr.k.211124.082
ID  - Wahyuni2021
ER  -