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
APPENDIX:
QUESTIONNAIRE
INTERNAL AUDIT AS A TOOL IN ARCHIVING THE ORGANIZATIONAL OBJECTIVE (A CASE STUDY OF AFRI BANK NIGERIAN PLC)
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... Continue Reading
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... Continue Reading
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... Continue Reading
INTRODUCTION 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... Continue Reading
Abstract The system of controls adopted in any economy greatly determines the development and growth of that economy. To ensure optimization in money, materials, machine, time, resources and management of men, controls are essential. These controls are installed by many organisations including banks to check how effective and efficient they... Continue Reading
Internal audit is a tool, procedure, way to helping organisations achieve their set goals or objectives. The main objective of the study is to examine the effectiveness of internal audit in an organisation. Other objectives of this study are as follows: To show how internal audit assist in management operations. To show how organisational... Continue Reading
(A CASE STUDY OF FIRST BANK NIGERIA PLC) CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF STUDY In view of the recent global recession of 2009-10, when investments made by banks and financial institutions proved unsafe and almost triggered a financial meltdown that... Continue Reading
ABSTRACT In this study, researcher examined the management Audit. As tool for achieving organizational objectives. A case study of Emenite Company lit. The study is significance on system of management audit is intended not only to maintain an adequate method of processing accounting data, but also to safe guard the company against possible... Continue Reading
ABSTRACT This project with the impact of management and risk on Nigeria Banking Industry. A case study of AFRI-BANK Nigeria Plc. Risk management as we can see originated form United State of America. This concept of risk management was on established policy on protecting the assets of an organization, institutions etc from being destroyed as a... Continue Reading
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY The' term management was coined from the Italian word 'managgiare” which connotes ‘to train horses’. It was originally used to indicate the process of training or coordinating sporting activities. Later its application was extended... Continue Reading