An Appraisal Of The Usefulness Of The Independence Of External Auditors In The Preparation Of Objective Financial Statements (a Case Study Of Shell Petroleum Development Company)

The aim of this project is to dial on the issue of external auditors independence, which has been a major concern of various financial information users and external auditors. This research work will lay emphasis on advisory role of external auditors on general business commitment, which will come in the form of preparation of accounts, advice on tax issue and the provision of other business services. It will also be aimed at ensuring that auditors come to know those factors (threats) that may term –paper with integrity and avoid them.

The Researcher hope to study on selected professional accounting firms and manufacturing firms in Imo State.

Questionnaires and personal Interviews will serve as primary sources of data while library, journal and already made project will serve as secondary source of data.

Title Page

Approval Page

Dedication

Acknowledgement

Table of Content

List of Tables

CHAPTER ONE

Introduction

1.1Background of the study

1.2Statement of problem

1.3Purpose of study

1.4Research Hypothesis

1.5Significance of the study

1.6Operational Definition of terms

1.7Limitation of the study

1.8Organisation of the study

References

CHAPTER TWO

Literature Review

Introduction

2.1Development of Auditing

2.2Nature of Auditing and Auditing Independence.

2.3Auditors independence and Company Acts/Decrees

2.4Independence and company Act, 1968

2.5Independence and company Act and Allied matters decree 1990

2.6Audit Committee and independence

2.7Professional Bodies and independence

2.8Professional Ethics and Independence

2.9Threats  to External Auditors Independence.

2.10Ways of improving Auditors Independence

2.11Users of financial statement and the reporters (Auditors) independence

2.12Auditors liability and independence.

CHAPTER THREE

Research Methodology.

Introduction

3.1Scope of study

3.2Selection of Data

3.3Collection of data

3.4Design and Administration of Questionnaires

3.5Sample size determination

3.6Sampling technique

3.7Operational measure of variables

3.8Data Analysis techniques

References

CHAPTER FOUR

Presentation and Analysis of Data

4.1Analysis of Data

4.2Testing of Hypothesis

References

CHAPTER FIVE

Summary, Conclusion and Recommendations

5.1Summary

5.2Conclusion

5.3Recommendation

Bibliography

Appendix