ISSN: 2225-8329
Open access
Fixed assets management through digitalization has been always been a matter of concern for public organization, especially organization as strategic and important like Ministry of Interior, in the United Arab Emirates. Since there are huge assets procurement, its management and control keeping has been a daunting task always. The purpose of this research is to evaluate the influence of internal control through assets management’s digitalization. To carry on with the research work a survey questionnaire was designed. A structured questionnaire was used to collect data and SPSS was used to analyse them. From the finding of the survey it was observed that the pace of digitalization was not so fast moreover the control on the assets tracking system at times was difficult as the ministry deals with very sophisticated tangible equipment’s. Well, after examining the evaluation of fixed assets management through digitalization, a study on ministry of interior in UAE – the first objective of the study, it is seen that yet the application of the assets management through digitalization is not in that level so the performance is very poor. This study may inform managers of the importance of understanding the technology are a fundamental part of the business that requires its strategy. It may also have implications for the organization’s mentality towards internal factors concerning the technical systems.
1. Alkaabi, A. K. A. S., Karim, A. M., Hossain, M. I., & Nasiruzzaman, M. (2019). Assets Digitalization: Exploration of Prospects with Better Control Implementation. International Journal of Academic Research in Business and Social Sciences, 9(5), 960–970.
2. Davenport, T. H., & Westerman, G. (2018). Why so many high-profile digital transformations fail.
3. Gomber, P., Koch, J.-A., & Siering, M. (2017, July). Digital Finance and Fintech: current research and future research directions. Journal of Business Economics, 87 (5), 537–580.
4. Lee, I., & Shin, Y. J. (2018). Fintech: Ecosystem, business models, investment decisions, and challenges. Business Horizons, 61 (1), 35–46.
5. Matt, C., Hess, T., & Benlian, A. (2015). Digital transformation strategies. Business & Information Systems Engineering, 57 (5), 339–343.
6. Moran, A. (2015). Managing agile: Strategy, implementation, organisation and people. Cham: Springer International Publishing.
7. Nilly, E. (2019). The Effects of Digital Transformation on Internal Controls. Digitalist. https://www.digitalistmag.com/finance/2019/10/21/effects-of-digital-transformation-on-internal-controls-06201061
8. Nilsson, T. (2016). S?o ska storbankerna möta startup-hotet. Retrieved 2018-06-10, from https://digital.di.se/artikel/sa-ska-storbankerna-mota-startup-hotet
9. Björling, M. E. (2015). Available at: https://mikaelbjorling.com/
10. Jonsdottir, F., Toivonen, O., Jaatinen, V., Utti, A., & Lindqvist, R. (2017). Fintech in the nordics; a deloitte review.
To cite this article: Al kaabi, O.M.S.M., Adaikalam, J., Karim, A.M., Hock, O.Y., Hossain, M.I. (2020). Influence on Internal Control through Digitalization of Assets: A Study on Ministry of Interior, UAE, International Journal of Academic Research in Accounting, Finance and Management Sciences 10 (1): 13-24
Copyright: © 2020 The Author(s)
Published by Human Resource Management Academic Research Society (www.hrmars.com)
This article is published under the Creative Commons Attribution (CC BY 4.0) license. Anyone may reproduce, distribute, translate and create derivative works of this article (for both commercial and non-commercial purposes), subject to full attribution to the original publication and authors. The full terms of this license may be seen at: http://creativecommons.org/licences/by/4.0/legalcode