ABSTRACT
The topic of this research is problems and prospects of auditing in government organization, the population of the study was 82 while the research used yaro Yamani formula in the determination of the sample size which was 68.The researcher used both the primary and the secondary sources in obtaining the relevant data used in the course of the study. The primary data was collected using the questionnaire while that of the secondary data was obtained using written textbooks, journals, magazines, newspapers, and the use of library. The researcher used chi-square in the testing of the hypothesis formulated while simple percentages were used in analyzing the research questions. Some of the problems bound to be encountered when auditing government establishments are embezzlement of funds by some government officials, deficiency in confirming accounts receivable and failure to exercise due professional care. Some findings were made of which one out of them is that financial reports submitted are not in consonance with the transactions carried out by the government establishment. Recommendations were also made of which one out of them is that the auditor should maintain his position of independence as much as possible.
Caritas
TABLE OF CONTENTS
Cover page
Title page
Approval page
Dedication
Acknowledgement
Abstract
Table of contents
1.0-Introduction ………………………………………………………………………………….. 1
1.1-Background of the study ……………………………………………………………….. 1-2
1.2-Statement of the problem ……………………………………………………………… 2
1.3-Purpose of the study ……………………………………………………………………… 3
1.4-Research questions ……………………………………………………………………….. 3
1.5-Research hypothesis ……………………………………………………………………… 4
1.6-Significance of the study ……………………………………………………………..… 5
1.7-Scope and limitation of the study ………………………………………………….. 5-6
1.8-Definition of terms ………………………………………………………………………… 6-7
Reference .……………………………………………….…………………………………….8
2.0-Review of related literature ………………………………………………………….. 9
2.1-Nature of auditing ………………………………………………………………………… 9-11
2.2-Features of auditing ……………………………………………………………………… 11-13
2.3-Auditors report …………………………………………………………………………….. 13
2.4-Types of audit ……………………………………………………………………………….. 14-15
2.5-Duties of auditors ………………………………………………………………………….. 15-16
2.6-Objectives of auditing ……….………………………………………………………….… 17-19
2.7Appointment of auditors …………………………………………………………………. 19-20
2.8-Rights of an auditor ………………………………………………………………………... 20-21
2.9-Classification of study …………………………………………………………………….. 21-24
2.10-Advantages of auditing …………………………………………………………………. 25-26
2.11-Nature and definition of government organization and auditing …... 26-28
2.12-Audit objectives with respect to government organization ……………. 29-30
2.13-Prospects of auditing in government organization …………………………. 30-31
2.14-Historical development of federal mortgage bank …………………………. 31-32
Reference …………………………………………………………………………………….. 33
3.0-Research methodology …………………………………………………..…………..…. 34
3.1-Introduction ………………………………………………………………………..…………. 34-35
3.2-Research design ………………………………………………………………………....…. 35
3.3-Arear of study……………………….………………………………………………………… 36
3.4-Population of the study ………………………………………………………………….. 36-37
3.5-Sample and sampling technique ……………………………………………………… 37-38
3.6-Questionnaire design and distribution ……………………………………….…… 38-40
3.7-sources of data …………………….……………………………………………………...... 40
3.8-instrument for data collection. ……………………………………………………..... 41
3.9-Method of data analysis ……………………………………………………………..…… 41-43
3.10-Validity and reliability of instrument ……………………………………………… 43-44
4.0-Data presentation and analysis ….………………………………………….…. 45-46
4.1-Presentation and Analysis of data ………………………………………….…. 46-57
4.2-Testing of hypothesis ………………………………………………………………… 57-67
5.0-Summary of findings, conclusion and recommendation …….……… 68
5.1-Findings ………………………………………………………………………………….... 68-69
5.2-Conclusion …………………………………………………………………………..…… 69-71
5.3-Recommendation …………………………………………………………………….. 71-73
Bibliography ……………..………….……………………………………………………. 74
Questionnaire …………………….…………………………………………………….… 75-78
