PROPOSAL The purpose of this study is to analyze the effectiveness of the internal control system of the board of internal Revenue Enugu State. It cannot be over emphasized here that an effective internal control system does not only ensure financial accuracy of transactions, but it reduces trade to the barest minimum. A good internal control system can only operate in a fairly large organization that employs a good number of staff. It is also important to note that there is high rate of fraudulent practices in government ministries and parastatals today and the Board of internal revenue is not an exception. That is why the internal control system must not only be put in place, but is also having to be effective in removing such irregularities. Similarly, the research work will be grouped into five chapters, in which chapter one contains the introduction. This will give us a skeletal framework of the study and also sub topics such as statement of the problem and so on. Chapter two contains the literature review which will give the details of the topic and also the meaning of the topic. Chapter three contains the research methodology and techniques which will show the methods through which the survey and the sources of data will be carried out. Chapter four contains the presentation and the analysis of data which further gives the information suitable. Chapter five finally contains a workable recommendation proffered from the findings derived. These findings will help the management of the board of internal revenue Enugu State to improve on the effectiveness of their internal control system.
TABLE OF CONTENTS Title Page Dedication Acknowledgement Proposal
CHAPTER ONE 1.1 Introduction 1.2 Statement of Problem 1.3 Purpose of Study 1.4 Relevance of the Study 1.5 Methodology and Hypothesis Statement 1.6 Scope and Limitation of Study 1.7 Definition of Terms.
CHAPTER TWO 2.1 Introduction 2.2 Organizational Chart 2.3 Personal Income Tax Duties 2.4 Other Revenue Duties 2.5 Planning Research and Statistics 2.6 Administration and Finances 2.7 Relationship between Internal and External Auditor 2.8 Internal Audit as an Effective Internal Control System. 2.9 Factors that will be considered by an external auditor before relying on the work of the internal auditors 2.10 Audit committee. 2.11 Relationship between the audit committee and the external auditor. 2.12 Essentials of internal control 2.13 Internal check 2.14 Types of internal control system at board of internal revenue Enugu state 2.15 Areas of work where internal and external auditors overlap at the board of internal revenue Enugu state. 2.16 Areas of work where internal and external auditors overlap at the board of internal revenue Enugu state 2.17 Fraud 2.18 Difference between fraud in the organization 2.19 Reference
CHAPTER THREE 3.1 Research methodology 3.2 Primary data 3.3 Validity and reliability of the questionnaire 3.4 Personal interview 3.5 Observations 3.6 Statistical tools and mathematical manipulation 3.7 Research design 3.8 Selection of sample 3.9 References
CHAPTER FOUR 4.1 Introduction 4.2 Field survey 4.3 Presentation and analysis of data 4.4 Section a part of the questionnaire 4.5 Section B part of the questionnaire 4.6 Data analysis 4.7 The procedure for reporting fraud at the board of internal revenue 4.8 Testing of hypothesis 4.9 Hypothesis 1 4.10 Hypothesis 2 4.11 References
1.1 INTRODUCTION The Institute of Charter Accountants defines the concept internal control system as “The whole system of control financial and otherwise established by the management in order to carry on the business of the enterprise in an orderly and efficient manner, ensure adherence to management policies, safeguard the assets and secure as... Continue Reading
PROPOSAL The purpose of this study is to analyze the effectiveness of the internal control system of the board of internal Revenue Enugu State. It cannot be over emphasized here that an effective internal control system does not only ensure financial accuracy of transactions, but it reduces trade to the barest minimum. A good internal control... Continue Reading
(A CASE STUDY OF BOARD OF INTERNAL REVENUE ENUGU STATE) PROPOSAL The purpose of this study is to analyze the effectiveness of the internal control system of the board of internal Revenue Enugu State. It cannot be over emphasized here that an effective internal... Continue Reading
EFFECTIVENESS OF INTERNAL CONTROL SYSTEM IN PREVENTION OF FRAUD IN PUBLIC SECTOR (A CASE STUDY OF UNTH ENUGU) ABSTRACT The research work was aimed at the “effectiveness of internal control system in prevention of fraud in public sector a case study of UNTH Enugu. It cannot be over emphasized here that an effective control system does not only... Continue Reading
) ABSTRACT This write up is the result of a studying of the accounting process in the public sector. The work is principally aimed at providing an insight into the accounting system of Board of Internal revenue Enugu State, its... Continue Reading
THE ROLE OF AN INTERNAL AUDIT DEPARTMENT IN AN ORGANIZATION (A CASE STUDY OF BOARD OF INTERNAL REVENUE, OZORO, DELTA STATE) ABSTRACT The basic aim of this research work was to investigate and as certain the role of internal audit department and then ensure attainment of set objectives, the topic reveal that certain weakness in the effective of... Continue Reading
ABSTRACT This research work concentrates upon Effective Internal Control System as a Means of Fraud Prevention and Detection in Hospital Management. It will also review the usefulness of internal control in the... Continue Reading
ABSTRACT This revenue from oil services, which of course is the main sources of government revenue keeps dwindling steadily but steadily while government expenditure keeps rising in meeting up citizens expectations on firmâ€™s of provision of necessary amenities. This called for the need to search for new sources of revenue. Other than oil... Continue Reading
ABSTRACT All investigation using samples are aimed at discovering some things about a particular population. The success of any sample lies in the accuracy with which it reflects the true state of affairs in the whole population. It is however known that it is highly impossible that such reflection would be 100% accurate when we draw a random... Continue Reading
TABLE OF CONTENT Title page i Dedication ii Acknowledgement iii Table of contents iv List of table v Proposal vi CHAPTER ONE 1.0 Introduction 1.1 Background of the study 1.2 Statement of the problem 1.3 Purpose of the study 1.4... Continue Reading