INTERNAL AUDIT AS A TOOL IN ARCHIVING THE ORGANIZATIONAL OBJECTIVE (A CASE STUDY OF AFRI BANK NIGERIAN PLC)
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- Pages:104
- Format:Microsoft Word
ABSTRACT
The notion of the auditor being bound or a watchdog is gradually changing for the better as internal auditing has undergone tremendous changes in recent past.
The actual functions of the auditor is often surrounded in secrecy or held in some kind of awe.
Major notes of internal auditing have not been clear to the majority of people in the society. In view of numerous corrupt practice, frauds and embezzlement often uncovered by probe tool has often been questioned.
It is the realization of this that I have set out to look critically into internal audit department of Afribank with a view to finding whether effective internal auditing practices ensure effective control. The mode of appointment, independence and duties of the internal Auditor was looked into an determining whether the internal audit department is being operated as a management or efficiency audit.
The finding shows that internal auditor is not completely independent and mode of operation has a combination of characteristics of various types of auditing especially the operation type of audit.
Nevertheless a high degree of internal control exists in the bank. In consideration of improvement in some area, recommendations are proposed.
TABLE OF CONTENTS
Title page……………………………………………. I
Approval page……………………………………… ii
Dedication…………………………………………… iii
Acknowledgement………………………………… iv
Abstract……………………………………………….. V
Table of content……………………………………. Vi
CHAPTER ONE:
1.1 Introduction
1.2 Statement of problem
1.3 Purpose of study
1.4 Significant of study
1.5 Statement of hypotheses
1.6 Scope of the study
1.7 Limitation of the study
1.8 Definition of terms
CHAPTER TWO:
2.1 Review of related literature
2.2 Definition of internal audit
2.3 Function of internal audit
2.4 The basic of internal audit
2.5 Use of internal department
2.6 Effective area of internal audit
2.7 Limitation of internal audit department
2.8 The nature of accounting policy and computation
2.9 Role of audit in-banking nig plc.
CHAPTER THREE:
3.1 Research design and methodology
3.2 Selection of study area
3.3 Forms of collecting data
3.4 Problems encountered
3.5 Reliability
3.6 Validity
CHAPTER FOUR:
4.1 Data presentation and analysis
4.2 Data presentation and analysis
4.3 Test of hypothesis
CHAPTER FIVE:
5.1 Summery of findings, conclusion and
Recommendation
5.2 Findings
5.3 Conclusion
5.4 Recommendation
BIBLIOGRAPHY
The notion of the auditor being bound or a watchdog is gradually changing for the better as internal auditing has undergone tremendous changes in recent past.
The actual functions of the auditor is often surrounded in secrecy or held in some kind of awe.
Major notes of internal auditing have not been clear to the majority of people in the society. In view of numerous corrupt practice, frauds and embezzlement often uncovered by probe tool has often been questioned.
It is the realization of this that I have set out to look critically into internal audit department of Afribank with a view to finding whether effective internal auditing practices ensure effective control. The mode of appointment, independence and duties of the internal Auditor was looked into an determining whether the internal audit department is being operated as a management or efficiency audit.
The finding shows that internal auditor is not completely independent and mode of operation has a combination of characteristics of various types of auditing especially the operation type of audit.
Nevertheless a high degree of internal control exists in the bank. In consideration of improvement in some area, recommendations are proposed.
TABLE OF CONTENTS
Title page……………………………………………. I
Approval page……………………………………… ii
Dedication…………………………………………… iii
Acknowledgement………………………………… iv
Abstract……………………………………………….. V
Table of content……………………………………. Vi
CHAPTER ONE:
1.1 Introduction
1.2 Statement of problem
1.3 Purpose of study
1.4 Significant of study
1.5 Statement of hypotheses
1.6 Scope of the study
1.7 Limitation of the study
1.8 Definition of terms
CHAPTER TWO:
2.1 Review of related literature
2.2 Definition of internal audit
2.3 Function of internal audit
2.4 The basic of internal audit
2.5 Use of internal department
2.6 Effective area of internal audit
2.7 Limitation of internal audit department
2.8 The nature of accounting policy and computation
2.9 Role of audit in-banking nig plc.
CHAPTER THREE:
3.1 Research design and methodology
3.2 Selection of study area
3.3 Forms of collecting data
3.4 Problems encountered
3.5 Reliability
3.6 Validity
CHAPTER FOUR:
4.1 Data presentation and analysis
4.2 Data presentation and analysis
4.3 Test of hypothesis
CHAPTER FIVE:
5.1 Summery of findings, conclusion and
Recommendation
5.2 Findings
5.3 Conclusion
5.4 Recommendation
BIBLIOGRAPHY
APPENDIX:
QUESTIONNAIRE
INTERNAL AUDIT AS A TOOL IN ARCHIVING THE ORGANIZATIONAL OBJECTIVE (A CASE STUDY OF AFRI BANK NIGERIAN PLC)Leave a comment...