Abstract
THE ROLE OF INTERNAL CONTROL IN REDUCING FINANCIAL CORRUPTION (FIELD STUDY ON FARMERS COMMERCIAL BANK)
The study investigated The Role of Internal Control in Reducing Financial Corruption applied on Farmers Commercial Bank . The problem of the study represented in is the internal control system contributes to reducing financial corruption in banks? And Is that Internal control activities help to reduce financial corruption in banks? The study aimed to identify the reasons that lead to the spread of the phenomenon of financial corruption. The importance of the study lies in the researcher follows the steps of writing a research, sequencing the application of the experiments, obtaining the answers and results of the research and studying the previous research that deals with the subject of his research The study adopted inductive approach, descriptive analytical approach, and historical approach. The questionnaire used to collect data from Farmers Commercial Bank. To achieve the goals of the study, the following hypotheses were tested: First hypothesis: The internal control system contributes to reducing financial corruption in banks Second hypothesis : That Internal control activities help to reduce financial corruption in banks The study found that; The independence of activities in asset control and preservation helps to reduce financial corruption in banks, Preparing detailed planning budgets for operations that help reduce financial corruption in banks The study recommended several recommendations, among which is that; Cases of corruption must be addressed through studying the causes of corruption. Campaigns are not enough to deal with corruption in people suffering from poverty and destitution. There must be economic, social and political reforms in one.
Keywords
Internal Control’ Financial Corruption’ Commercial Bank.
