Strengthening Internal Financial Controls in U.S. Government Agencies Through Data‑Driven Monitoring Systems
DOI:
https://doi.org/10.65150/EP-jefrr/V2E8/2026-01Abstract
The ever-growing complexity of public financial systems and constraints of the conventional systems of internal control have increased the necessity of more responsive and even smarter methods of oversight. The present study is a synthesis of multidisciplinary literature that would create a combined conceptual framework of how data-driven monitoring systems would improve the internal financial controls within US government agencies. This study adopts a structured narrative review approach, systematically identifying and synthesizing recent peer-reviewed literature (2020–2025) across accounting, information systems, and public administration. Based on the theory of internal control and innovations in the field of big data analytics, machine learning, and continuous audits, the review shows that the capabilities related to data enable changing the traditional control systems that are characterized by being immobile, reactive systems into dynamic and real-time governance systems that enhance the ability to detect risks, promote transparency, and hold accountable. The paper also defines the main institutional drivers, barriers to implementation and governance issues that influence adoption and outlines gaps in empirical verification and AI regulation that need more careful consideration. With this review bridging the accounting, information systems, and public administration perspectives, the review adds value to the theory by expanding the internal control to the area of digital governance and provides valuable contributions to the policymakers and practitioners. The results emphasize that the future of financial governance by the state relies upon the strategic incorporation of information-based surveillance along with strong institutional and ethical frameworks.
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Copyright (c) 2026 Hazel Asantewa Kissi Dankwah , Mary Magdalene Yeboah (Author)
This work is licensed under a Creative Commons Attribution 4.0 International License.
