ABSTRACT
Information about internal control is valuable for stakeholders, and previous studies indicate that Indonesian corporations need to improve their disclosure of such information. The current regulations require only minimum internal control disclosure in company reporting: (1) financial and operational control, (2) legal and regulatory compliance, and (3) control system effectiveness. Our research aimed to illustrate the internal control disclosure practices of companies with the most active stocks by trading volume on the Indonesia Stock Exchange in 2016. Thirty-seven companies were selected randomly for our observation. Through content analysis, we found an average score of 60.14 for internal control disclosure in annual reports. The findings of this study contribute to literature on internal control disclosure in annual corporate reporting.
