Auditing As A Tool For Management Policy Implementation (a Case Study Of West African Milk Company Plc Aba)

Internal auditing is the process of continuous review of financial transaction of a firm in order to ensure that they are working as management’s support or intends.  The problem facing the internal auditors includes lack of top management’s support to the internal auditors or in order to carryout their work effectively, lack of independence of the internal auditors and lack of qualified and motivated staff. The objective of the study was to find solution to the problems that hinder the internal audit functions. Three research questions were raised for the study and three hypothesis were formulated. The survey research designs was adopted for the study with a sample size of 25.  The questionnaire was the main instrument used for data collection.  The data collected was subjected to simple validity and reliability test.  The analysis of data was based on statistical tables and chi-square (X2) techniques was used to test the level of significance.  Some of the findings are that lack of internal auditor independence hinders affected the internal auditors etc.  Based on the findings, recommendations such as to enable the effectiveness of the internal auditors were made which include that the management should employ qualified staff to carry out their work and also the internal auditors should be given full independence to enable them perform their duties effectively.

TABLE OF CONTENTS

CHAPTER ONE

CHAPTER THREE

CHAPTER FOUR

CHAPTER FIVE

Bibliography 

Appendix 

Questionnaire