The Effect Of Internal Control On Internal Audit Effectiveness And Risk Management And Its Implications On University Performance

Sujatmiko Wibowo (Department of Accounting, Faculty of Economics and Business, Pakuan University, Bogor, 16143, Indonesia)
Winwin Yadiati (Department of Accounting, Faculty of Economics and Business, Padjadjaran University, Bandung, 40132, Indonesia)
Memed Sueb (Department of Accounting, Faculty of Economics and Business, Padjadjaran University, Bandung, 40132, Indonesia)
Srihadi Winarningsih (Department of Accounting, Faculty of Economics and Business, Padjadjaran University, Bandung, 40132, Indonesia)

PERFECT EDUCATION FAIRY
Vol. 3 No. 4 (2025): PERFECT EDUCATION FAIRY

Introduction/Main Objectives: This paper adds to the theoretical understanding of university performance while also presenting empirical findings on the significance of internal control, internal audit, and risk management in improving the performance of public universities in Indonesia. Background Problems: The quality of higher education in Indonesia still needs to improve both in the context of institutions and study programs, indicated by the the condition of Indonesian higher education rankings at both world and Asian levels is not sufficient to achieve the target of being ranked in the top 500, and The Higher Education Index achievement, an indicator for assessing the level of achievement in implementing higher education, is still far from the target. Novelty: The results of this research are intended to contribute to the limited body of studies on the implementation of risk management in accordance with ISO 31000:2018, particularly regarding its effect on performance in both government institutions broadly and public universities specifically. Research Methods: This research adopts a quantitative approach with an explanatory design to conduct hypothesis testing, aiming either to strengthen or to reject existing theories and prior research hypotheses. In addition, this paper provides an outline of the research methods and the data employed in the study. The research population as a collection of all units of analysis in this research includes all 118 in Public universities Indonesia. Thus, it can be stated that the total population and sample used is 118 State University entities, consisting of Legal Entity Universities, Public Service Agency Universities, and Work Unit Universities. Finding/Results: Internal control has a positive and significant impact on the success of internal audits and risk management. Furthermore, internal control also contributes positively and significantly to the performance of state universities, both directly and through the effectiveness of internal audits and risk management on the public universities in Indonesia.