Internal Control Practices of Information Technology Sector (IT Industry) in Bangladesh

Authors

  • Md. Anisul Islam Sajib

Keywords:

information technology (IT) industry, internal control (IC), corporate code of conduct, cost-benefit analysis

Abstract

Internal control plays a significant role in maintaining sustainable development of any industry. Preventing and detecting fraud and protecting the organization's resources as a whole can be achieved easily through proper internal control practices. In this study several aspects of internal control practices in the Information Technology (IT) sector have been identified. Sample of thirty companies were chosen from both public and private sector. Primary data were collected through a questionnaire survey. Results indicate that most of the cases companies are practicing acceptable level of internal control, while in some cases they are not doing so accordingly which can be the concerning sectors for further improvement. The findings of this paper will help managers, owners, board of directors, audit committee and other controlling bodies get an overview of the internal control practices within Information technology (IT) sector.

How to Cite

Md. Anisul Islam Sajib. (2017). Internal Control Practices of Information Technology Sector (IT Industry) in Bangladesh. Global Journal of Management and Business Research, 17(D1), 1–7. Retrieved from https://journalofbusiness.org/index.php/GJMBR/article/view/2202

Internal Control Practices of Information Technology Sector (IT Industry) in Bangladesh

Published

2017-01-15