Nor Hafizah Abdul Rahman¹, Noradiva Hamzah², Adibah Jamaluddin³ and Khairul Azman Aziz<sup>4

1</sup>Faculty of Accountancy, Universiti Teknologi MARA, Malaysia
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²School of Accounting, Faculty of Economics and Management,
Universiti Kebangsaan Malaysia
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³Faculty of Accountancy, Universiti Teknologi MARA, Malaysia
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⁴School of Accounting, Faculty of Economics and Management,
Universiti Kebangsaan Malaysia
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This study presents a structured literature review of an effective internal control system. The purpose of this study is to explore and review articles in the field of internal control effectiveness using the Guthrie, Ricceri, and Dumay (2012)’s framework. The literature indicates that effective internal control can reasonably reduce business risks and prevent occurrence of fraud. This paper reports findings, based on articles on internal control effectiveness published from 2000 to 2018. The review process was conducted in five stages, (1) formulation of research objectives to determine the classifications, boundaries, and definition; (2) the selection of journals; (3) the examination of the title and abstract of selected articles; (4) pilot test and adapted classification and (5) the classification to establish a range of descriptive statistics in order to understand the patterns emerging from the reviewed articles. The finding provide a basis for several aspects of future research of internal control effectiveness in assessing business risks for prevention of fraud.

Keywords: structured literature review, internal control, fraud prevention