An Analysis of The Effects of Monitoring, Information and Communication Technology, Risk Assessment, Control Activity, And Control Environment on Organizational Internal Control: The Case of Mongolia

Abstract

Rentsenbyamba Damdinsuren, Amgalanbayar Tsevegmid and Bileg-Urnukh Turtogtokh

The aims of our study to look at how different aspects like the control environment, risk assessment, control activity, information technology, and monitoring affect internal control in organizations. While many scholars worldwide have explored this, there hasn't been much research on this topic specifically in Mongolia's public sector. Given the current trends, it's become crucial for most large organizations to have strong internal control systems in place.

In our study, we used data collected online in the first quarter of 2023 and analyzed it using SMART PLS 3.0 software. We also assessed the reliability of our questionnaire using Cronbach's alpha index. Unlike many other studies, we examined five hypotheses. One of these hypotheses showed a positive relationship with the impacts we considered. However, the other four hypotheses did not show a positive relationship with these impacts. Our research highlighted significant factors such as experience that influence organizational internal control.

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