The Role of Performing New Financial System in the Improvement of Internal Controls in Isfahan University of Medical Sciences

Document Type : Original Article

Authors

1 Assistant Professor, Department of Accounting, Isfahan (Khorasgan) Branch, Islamic Azad University, Isfahan, Iran.

2 M. A. Department of Accounting, Isfahan (Khorasgan) Branch, Islamic Azad University, Isfahan, Iran.

Abstract

Abstract
Introduction: Designing and establishing internal controls in the governmental executive
agencies such as hospitals are an inevitable necessity. In this regard, the current research
investigates the role of performing new financial system in the improvement of internal
controls in Isfahan University of Medical Sciences.
Method: This study is applied in terms of purpose and regarding its method, it is a surveydescriptive
research. The statistical population of this research include the experts and
managers of the financial administration in Isfahan University of Medical Sciences in 2016.
The number of research sample consists of 154 individuals and the method of sampling is
available sampling. The research instrument has been a researcher-made questionnaire, and
for analyzing the data, t-test has been used.
Results: The results of the study indicate that performing new financial system has led to
the improvement of internal controls. In the other words, the results showed that
performing new financial system in Isfahan University of Medical Sciences has an effective
role in the improvement of cash internal controls, receivable accounts, and special revenue,
purchase and inventory, tangible fixed assets, and the improvement of the internal control
environment.
Conclusion: According to the role of new financial system in the improvement of internal
controls, it is suggested that in Isfahan University of Medical Sciences, some policies such
as establishing an internal auditing unit be designed and used in order to support the
effective internal controls.

Keywords

References

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