ABSTRACT
This research work is design to achieve a specific purpose on the role played by Auditors in protection of public funds in the government establishments, ministries or government parastatals.
The research goes into providing a systematic financial accountability that will promote proper stewardship of asset, deter wastes, dishonesty and promote effeteness of reasonable cost.
However, the literature review helps to ascertain other writes view concerning the subject of the study which explains how government establishment is so organized in such a way that fraud could be detected easily and on time just because particular audits are assigned to particular personnel. The data used for this work was collected from primary and secondary source. Questionnaire were also used (200 in number) 120 were retained on filled while 20 missed on transit and total used was 60 in number. Against the background, invaluable and reliable discoverers were made.
Finally the research recommends that the legislative are of government should make it mandatory for the accountant general to submit financial statement of government account to audit department for audit work within 6(six month of auditors to be given power to execute or enforce its finding after its work has been review by the public account committee (P.Ac).
INTRODUCTION
BACKGROUND OF THE STUDY
For a long time now Nigeria have been witnessing a down turn in her development efforts. This primary cause of this down has been linked with the in or deinate ambition of the average Nigeria to get rich quick at the expense of less piviltedge ones. Those who a seen them selves as being opportunity to control government establishment use the opportunity to perpetrate fraud or misappropriate public funds and properties.
Our law makers have seen the need for acceptable accountability by making a provision for the federal and stated government to report on the account of stewardship rendered by these public officers.
Section 126 (1) the constitution of the federal republic of Nigeria 199. States that there shall be an audit general for each state who shall be appointed in accordance with the provision of section 126 of the constitution”.
Section (2) says that the public account of a state and of all offices and courts of the state shall be audited by the auditor general for the state”.
This study focused attention how well or otherwise the government audit department conduct it activities in response to section 125 of 1999 constitution of the federal republic of Nigeria.
Disclaimer: Note this academic material is intended as a guide for your academic research work. Do not copy word for word. Note: For Computer or Programming related works, some works might not contain source codes
CITE THIS WORK
(2014, 10). The Role Of Auditing In Controlling Fraud In Government Establishment. A Case Study Of Federal Pay Office Enugu.. ProjectStoc.com. Retrieved 10, 2014, from https://projectstoc.com/read/4066/the-role-of-auditing-in-controlling-fraud-in-government-establishment-a-case-study-of-federal-pay-office-enugu-1643
"The Role Of Auditing In Controlling Fraud In Government Establishment. A Case Study Of Federal Pay Office Enugu." ProjectStoc.com. 10 2014. 2014. 10 2014 <https://projectstoc.com/read/4066/the-role-of-auditing-in-controlling-fraud-in-government-establishment-a-case-study-of-federal-pay-office-enugu-1643>.
"The Role Of Auditing In Controlling Fraud In Government Establishment. A Case Study Of Federal Pay Office Enugu.." ProjectStoc.com. ProjectStoc.com, 10 2014. Web. 10 2014. <https://projectstoc.com/read/4066/the-role-of-auditing-in-controlling-fraud-in-government-establishment-a-case-study-of-federal-pay-office-enugu-1643>.
"The Role Of Auditing In Controlling Fraud In Government Establishment. A Case Study Of Federal Pay Office Enugu.." ProjectStoc.com. 10, 2014. Accessed 10, 2014. https://projectstoc.com/read/4066/the-role-of-auditing-in-controlling-fraud-in-government-establishment-a-case-study-of-federal-pay-office-enugu-1643.
- Related Works
- Examination Of The Effect Of Industrial Relation Practice On Organizational Productivity In The Public Sector
- The Effects Of Taxation On A Depressed Economy. (a Case Study Of Enugu State)
- Financial Control And Accountability In Enugu State Ministry Of Finance.
- The Role Of Independent Auditors In Nigeria
- The Effectiveness Of Monetary Policy In Controlling Inflation In Nigeria
- A Study Of Tax Collection And Revenue Mobilization (a Case Study Of Enugu South Local Government Council)
- Debt Recovery Techniques In The Banking Sectors Issues, Problems And Prospects (a Case Study Of Union Bank Nig Plc)
- Dividend Announcement Security Performance And Capital Market Efficiency, The Nigeria Perspective.
- The Role Of Community Bank In Rural Development Of Nigeria
- An Appraisal Of Internal Control System On Large Firm (a Case Study Of Emenite Ltd Enugu)