Abstract:
Companies are increasingly diversifying their activities, leading to a more complex and dynamic business environment which has made risks increase. Consequently, it is crucial for every business organization to establish a strong operational risk management and internal control systems to ensure continued operational efficiency and reduce potential threats. This study focuses on the evaluation of the internal control system within the purchasing cycle, to know the impact of these internal controls on managing operational risks, identifying operational risks and proposing recommendations to improve the management of these risks in the company A.P.M.C Unité Agglo Béton which is our case study. First, key concepts related to internal control are identified. Next, the methodology for evaluating internal control procedures and the various tools used are presented. Finally, the evaluation of the internal control system.
Our practical training at A.P.M.C Unité Agglo Béton showed that integrating internal control systems and operational risk management reduces risks in the company's purchasing cycle. The company, specializing in construction materials, emphasizes effective internal controls and risk management in its procurement process. Finance, accounting, operations, and logistics/purchase services are highly involved in internal control and procurement. The company's structured procurement procedures ensure transparency and accountability. Through compliance tests, we verified the internal control system, identifying some strengths and weaknesses. A preliminary evaluation highlighted theoretical strengths and weaknesses, tested for consistency in a permanent test. The final evaluation used simulations to identify operational risks, summarized in an evaluation report. Indeed, our practical part enabled us to identify operational risks in the internal control system in purchasing at A.P.M.C Unité Agglo Béton
