“…The internal controller of COSO 1992 and SAS 78 is a process influenced by the board of commissioners, management and other business unit personnel designed to gain reasonable assurance about the achievement of objectives in the following matters: (1) Reliability of financial reporting (2) Compliance with applicable laws and regulations (3) Effectiveness and efficiency of operation (Daniela & Attila, 2013;Rae et al, 2017). The internal control component of COSO (Committee of Sponsoring Organization) consists of five components: control environment, risk assessment, control activities, information and communication, monitoring (Mosteller & Poddar, 2017) Researches on the implementation of COSO-based internal control and good university governance refer to studies by Sawalqa & Qtish (2012), Agyei-Mensah (2016), Ghozali & Achmad (2017), and Ansori (2018). Sawalqa & Qtish's (2012) research aims to examine the role of internal control elements: control environment, risk assessment, control activities, information and communication, and monitoring, in improving the pillars of corporate governance: accountability, fairness, responsibility answer, and transparency in the insurance company.…”