Title: Reflections on internal control and internal audit roles for ensuring financial transparency toward Lebanese NGOs financial donors

Authors: Agatha Michael Saber; Mario Edmond Sassine

Addresses: Business School, Holy Spirit University of Kaslik, Jounieh, Lebanon ' Business School, Holy Spirit University of Kaslik, Jounieh, Lebanon

Abstract: This study focuses on the role of internal control in optimising the organisational management of Lebanese NGOs. Considered as a multifaceted concept, internal control effectiveness encompasses risk management and control approaches, internal audit contribution, financial control, team members' coordination and organisation. Data are collected over a purposive sample of 224 respondents affiliated to either the upper or middle management of Lebanese NGOs. Pearson's correlation coefficients infer that the efficiency and effectiveness of managers, internal management efficiency, and risk management and control are strongly positively correlated. Internal financial control, inter-individual harmony and coordination, and internal management efficiency are also strongly positively correlated. Finally, internal audit and internal financial are strongly positively correlated.

Keywords: NGOs; internal control; financial control; internal audit; risk assessment.

DOI: 10.1504/EMJM.2022.123912

EuroMed Journal of Management, 2022 Vol.4 No.3, pp.186 - 198

Received: 17 Aug 2021
Accepted: 27 Jan 2022
Published online: 04 Jul 2022 *

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