ABSTRACT
The primary objective of this project work is to discern the impact of internal control system assessment in government establishment using university of Nigeria Teaching Hospital, Enugu as a case study. Many people think of internal control system as a highly technical field which can be understood only by professional Auditors. Actually nearly every establishment practices internal control in one form or another on an almost daily bases.
However, internal control system therefore could be viewed as a firms or organizational plan including all methods and measures taken to:
i) Safeguard its assets
ii) Ensure the accuracy and reliability of its accounting data
iii) Promote operational efficiency and
iv) Encourage compliance with the organizational policy.
These are the main concern of this research work efforts have been made in this research work to explain the normal governmental internal control systems, and its usage as an aid to asses government establishments. Also, the two categories of internal control are discussed. Various internal control procedures being practised in university of Nigeria Teaching Hospital are identified.
The findings were that internal control system needs urgent attention so as to ensure strict compliance to management policy.Finally, in this research work, there is a constructive explanation of scope, objective, basis concepts and principles of internal control applicable in government establishment as an aid to solving the problem of expenditure control. The researcher therefore conclude that for internal control to be effective, emphasis should be placed on the accountability morality, integrity, Honesty, ethics and behaviours of the officers operating the system.
TABLE OF CONTENTS
Title page i
Certification ii
Dedications iii
Acknowledgement iv
Table of contents v
Abstracts vi
CHAPTER ONE
1.1 Introduction
1.2 Purpose of the study 37
1.3 Statement of problem 38
1.4 research questions/ hypothesis 39
1.5 significance of the study 40
1.6 scope of study 41
1.7 definition of terms 41
CHAPTER TWO
REVIEW OF LITERATURE
2.1 Introduction 43
2.2 Assessment of internal control system generally 44
2.3 Internal control objectives 49
2.4 Internal control techniques 54
2.5 Internal control questionnaires 58
2.6 Function of internal control question naira 60
2.7 Advantages of internal control questionnaire 61
2.8 Internal control and auditor 67
2.9 Internal auditor 69
2.10 Internal control 73
2.11 Independent of auditor 76
Summary
CHAPTER THREE
Research Methodology
3.1 Research Design 80
3.2 Area of the study 80
3.3 Population of study 80
3.4 Sample and sampling procedure 81
3.5 Instrument for data collection 81
3.6 Validity of the instrument 81
3.7 Reliability of the instrument 82
3.8 Administration of the research instrument 82
3.9 Method of data collection 82
3.10 Method of data analysis 83
CHAPTER FOUR
4.1 Data Presentation and Analysis 84
CHAPTER FIVE
Discussion , recommendations and conclusion
5.1 Conclusion 92
5.2 Implications of the study 93
5.3 Recommendation 93
5.4 Suggestions for further study
5.5 Limitations of the study 95
References 95
Appendix
The primary objective of this project work is to discern the impact of internal control system assessment in government establishment using university of Nigeria Teaching Hospital, Enugu as a case study. Many people think of internal control system as a highly technical field which can be understood only by professional Auditors. Actually nearly every establishment practices internal control in one form or another on an almost daily bases.
However, internal control system therefore could be viewed as a firms or organizational plan including all methods and measures taken to:
i) Safeguard its assets
ii) Ensure the accuracy and reliability of its accounting data
iii) Promote operational efficiency and
iv) Encourage compliance with the organizational policy.
These are the main concern of this research work efforts have been made in this research work to explain the normal governmental internal control systems, and its usage as an aid to asses government establishments. Also, the two categories of internal control are discussed. Various internal control procedures being practised in university of Nigeria Teaching Hospital are identified.
The findings were that internal control system needs urgent attention so as to ensure strict compliance to management policy.Finally, in this research work, there is a constructive explanation of scope, objective, basis concepts and principles of internal control applicable in government establishment as an aid to solving the problem of expenditure control. The researcher therefore conclude that for internal control to be effective, emphasis should be placed on the accountability morality, integrity, Honesty, ethics and behaviours of the officers operating the system.
TABLE OF CONTENTS
Title page i
Certification ii
Dedications iii
Acknowledgement iv
Table of contents v
Abstracts vi
CHAPTER ONE
1.1 Introduction
1.2 Purpose of the study 37
1.3 Statement of problem 38
1.4 research questions/ hypothesis 39
1.5 significance of the study 40
1.6 scope of study 41
1.7 definition of terms 41
CHAPTER TWO
REVIEW OF LITERATURE
2.1 Introduction 43
2.2 Assessment of internal control system generally 44
2.3 Internal control objectives 49
2.4 Internal control techniques 54
2.5 Internal control questionnaires 58
2.6 Function of internal control question naira 60
2.7 Advantages of internal control questionnaire 61
2.8 Internal control and auditor 67
2.9 Internal auditor 69
2.10 Internal control 73
2.11 Independent of auditor 76
Summary
CHAPTER THREE
Research Methodology
3.1 Research Design 80
3.2 Area of the study 80
3.3 Population of study 80
3.4 Sample and sampling procedure 81
3.5 Instrument for data collection 81
3.6 Validity of the instrument 81
3.7 Reliability of the instrument 82
3.8 Administration of the research instrument 82
3.9 Method of data collection 82
3.10 Method of data analysis 83
CHAPTER FOUR
4.1 Data Presentation and Analysis 84
CHAPTER FIVE
Discussion , recommendations and conclusion
5.1 Conclusion 92
5.2 Implications of the study 93
5.3 Recommendation 93
5.4 Suggestions for further study
5.5 Limitations of the study 95
References 95
Appendix