ANALISIS SISTEM PENGENDALIAN INTERNAL TERHADAP PENERIMAAN DAN PENGELUARAN KAS PADA PTPN IV MEDAN

Abstract

This study aims to analyze the internal control system for cash receipts and disbursements at PT Perkebunan Nusantara IV. The main focus of the research is the evaluation of the effectiveness of the internal control system based on the components of risk assessment, control activities, as well as information and communication. This study uses a descriptive qualitative approach, with data obtained through interviews and documentation. The results indicate that PT Perkebunan Nusantara IV has implemented a fairly effective internal control system, including systematic procedures for cash receipts from the collection to the safekeeping of funds, as well as structured cash disbursement procedures supported by a multi-layered authorization mechanism. Despite fluctuations in sales performance during the 2018–2022 period, including a significant decline in 2019 due to falling product prices and the impact of the COVID-19 pandemic, the company managed to recover and improve its performance in the following years. Identified weaknesses, such as incomplete documentation and limitations in the integrated information system, did not significantly affect the overall effectiveness of internal control due to strong operational supervision. This study recommends improving compliance with document authorization procedures, developing an integrated information system, conducting periodic evaluations of the internal control system, and optimizing the use of technology to strengthen internal controls over the company’s cash receipts and disbursements.