Effects of Internal Control System on the Activities of Thrift and Credit Cooperatives

Akinwumi, I. G.; Isiaku, S.; Adamu, I. A.

Effects of Internal Control System on the Activities of Thrift and Credit Cooperatives

Authors: Akinwumi, I. G., Isiaku, S., Adamu, I. A.

Journal: International Journal of Advanced Finance and Accounting (IJAFA), ISSN 2765-8457

Citation: IJAFA 1(1), 2020-10-29.

Type: Original Research

Abstract

This research work explored the effects of the internal control system on the activities of thrift and credit cooperatives. Chi-Squared Test Statistics was used employed for the testing of hypotheses. Findings revealed that control environments have a significant impact on the performance of thrift and credit cooperatives, risk assessments have a significant influence on the performance of thrift and credit cooperatives, and that control activities have a significant impact on the performance of thrift and credit cooperatives.

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