Abstract:
The study delved into evaluating the existing internal control systems of Ghana Post Company Limited Ashanti Regional head office.
Qualitative data was gathered through the administration of questionnaire to staff of Ghana Post Kumasi Office.
Structured interviews were conducted to solicit information from busy but very influential officers such as, the Regional Accountant, Regional Postmaster, Regional Internal Audit officer, Estate Officer and others.
Description:
Over the last few years increasing attention has been given by both researchers and practitioners to how effective internal controls can impact on an organizations success. It is believed that the quality of financial reports may deteriorate as client managers develop long-lasting relationships with their auditor. This fact is one of the reasons why increasing attention is been given to effective internal control systems. Gray and Manson (2000) advocate that “a good control environment is an essential tool in corporate governance”.
