The inherent problems, dangers and difficulties is one of the felonies of which an auditor should take care of, in order to achieve a set objective of an organization. The auditors’ roles and procedures are the yardstick through which the obstacles affecting an organization cab be tackled. This research work is aimed at informing the management on how the problem of frauds, its prevention and detection of frauds as well as other irregularities could be curbed within and organization. It also emphasized on the duty and responsibilities or an auditor in carrying out an appropriate application of the audit procedures necessary to enable the expression of an opinion on the accounts under examination.
However, this work will be of immense help to users such as shareholders, debenture holders, creditors and other to know what exactly an auditor is expected to do. It will as well be of great assistance to individuals to know who an auditor is. This study is presented in five chapters.
Chapter one covered the introduction into the work. Literature review is found in chapter two. Research methodology is found in chapter three. Chapter four deals with data presentation and analysis, finally, chapter five deals with summary of findings, recommendation and conclusion.
TABLE OF CONTENTS
Title pageII
Approval pageIII
DedicationIV
AcknowledgementV
AbstractVII
Table of contentsIX
Chapter One
Introduction1
1.1Statement of the problem3
1.2Objectives of the study5
1.3Significance of the study6
1.4Scope and limitations of the study7
1.5Statement of hypotheses8
Chapter Two
Literature Review9
2.1Definitions of Auditing9
2.2The Origins of Auditing10
2.3The role of Auditing in society12
2.4Position of Auditor under the CAMD 199015
2.5The objectives of an audit19
2.6Secondary objective (Discretionary)19
2.7Qualifications and qualities of an Audit21
2.8The Problems, difficulties ad hazards of auditing24
2.9Auditors Liability25
2.10Auditors independence27
2.11Auditors limitations30
Chapter Three
Research Methodology33
3.1Sources of data34
3.1.1Primary sources of data34
3.1.2Secondary sources of data35
3.2Questionnaire design and interview structure36
3.3Analytical tools used37
3.4Validity and reliability of measuring instrument37
3.5Determination of the sample size.38
Chapter Four
Data Presentation and Analysis39
4.1Questionnaire Information Presentation and Analysis39
4.2Interviews conducted
4.3Test of hypothesis69
Chapter Five
Summary of findings, recommendation77
5.1And conclusion77
5.2Summary of findings77
5.3Recommendations80
5.4Conclusion83
Bibliography83
Appendice
HAZARDS OF AUDITING, AN ANALYSIS OF THE JOB OF AN AUDITOR AND ITS INHERENT PROBLEMS, DANGERS AND DIFFICULTIES
ABSTRACT The inherent problems, dangers and difficulties is one of the felonies of which an auditor should take care of, in order to achieve a set objective of an organization. The auditors’ roles and procedures are the yardstick through which the obstacles affecting an organization cab be tackled. This research work is aimed at informing the... Continue Reading
ABSTRACT The inherent problems, dangers and difficulties is one of the felonies of which an auditor should take care of, in order to achieve a set objective of an organization. The auditors’ roles and procedures are the yardstick through which the obstacles affecting an organization cab be tackled. This research work is aimed at informing the... Continue Reading
ABSTRACT The inherent problems, dangers and difficulties is one of the felonies of which an auditor should take care of, in order to achieve a set objective of an organization. The auditors’ roles and procedures are the yardstick... Continue Reading
(A Case Study Of Institute Of Management And Technology (Imt) Enugu) ABSTRACT This research work aims at finding out the problems inherent in the training and development of secretaries in a depressed economy. The main purpose of this study is to... Continue Reading
ABSTRACT This research work aims at finding out the problems inherent in the training and development of secretaries in a depressed economy. The main purpose of this study is to survey these problems and find out management problems in the training and development of secretaries. The background of the study was discussed in chapter one. In the... Continue Reading
EFFCTIVENESS OF AUDITING AND ACCOUNTABILITY IN THE PUBLIC SECTOR (A CASE STUDY OF THE OFFICE OF THE AUDITOR GENERAL OF IMO STATE). ABSRACT The study dealt on the effectiveness of auditing and accountability in the public sector. The rapid development of financial management initiative in public sector and financial control has led to the need for... Continue Reading
ABSTRACT This study is motivated by the desire to examine the auditor tenure and auditor independence in Nigeria. In light of the empirical review and other discussions, a number of questions arose as to whether there is positive relationship between audit fee, audit committee and auditor... Continue Reading
Abstract This study examined the factors influencing auditor independence in Nigeria using qualitative approach. Primary data were employed for the study. A total of 350 copies of questionnaire were personally administered to Chief Accountants/Preparers of Financial Statement, Financial Analysts and Statutory auditors of listed companies in... Continue Reading
ABSTRACT This research explores the nature and incidence of creative accounting practices in corporate financial reporting within the context of ethical considerations and the challenges faced by the Regulatory Authorities in Nigeria, given... Continue Reading