The Impact of the Cost Management Quality on the Internal Control Effectiveness: An Exploratory Study of a Sample of Accountants and Auditors in Iraqi Industrial Companies

Abstract

The research aims to test the impact of the quality of cost management in Iraqi industrial companies on the effectiveness of internal control, as the processes and procedures of cost management and areas of efficiency in it were dealt with in order to achieve optimal control over cost in order to control and reduce it. Then link the bonds of those procedures in preserving corporate resources Industrial and strengthening protection operations for those resources in a way that contributes to the effectiveness of internal control in achieving its objectives. A questionnaire form has been adopted and distributed to (92) accountants and auditors in Iraqi industrial companies, to achieve the goal of the research and test its hypotheses. The research concluded that efficient cost management and a high quality level will support To a large extent, the measures to protect resources that represent the effectiveness of internal control, as indicated by the test results, which confirmed the existence of a statistically significant effect of the quality of cost management on the effectiveness of internal control.