ABSTRACT
This research work deals with internal audit as an aid to management. It aims at finding out the role of internal audit in management decision making in organizations. It is a survey research. Data were collected from primary and secondary sources which included using questionnaires, personal observations, text book, journal and internet. Sample of 92 were collected by random sample method. Three hypotheses were formulated and tested using Z-test statistics, while questionnaires were analyzed using simple percentages. We discovered among other things that internal audit assists management in managerial decisions. We recommended among other things that the auditors be trained in forensic accounting to enable them to be more effective in their duties.
TABLE OF CONTENTS
Cover page ………………………………………………………………………………. i
Title page …………………………………………………………………………………. ii
Certification ……………………………………………………………………………… iii
Approval page …………………………………………………………………………… iv
Dedication ………………………………………………………………………………… v
Acknowledgement ……………………………………………………………………. vi
Table of content ………………………………………………………………………… vii
This research work deals with internal audit as an aid to management. It aims at finding out the role of internal audit in management decision making in organizations. It is a survey research. Data were collected from primary and secondary sources which included using questionnaires, personal observations, text book, journal and internet. Sample of 92 were collected by random sample method. Three hypotheses were formulated and tested using Z-test statistics, while questionnaires were analyzed using simple percentages. We discovered among other things that internal audit assists management in managerial decisions. We recommended among other things that the auditors be trained in forensic accounting to enable them to be more effective in their duties.
TABLE OF CONTENTS
Cover page ………………………………………………………………………………. i
Title page …………………………………………………………………………………. ii
Certification ……………………………………………………………………………… iii
Approval page …………………………………………………………………………… iv
Dedication ………………………………………………………………………………… v
Acknowledgement ……………………………………………………………………. vi
Table of content ………………………………………………………………………… vii
CHAPTER ONE Introduction
1.1 Background of the study ……………………………………………………… 1
1.2 Statement of problem …………………………………………………………. 2
1.3 Objective of the study …………………………………………………………. 3
1.4 Research questions ……………………………………………………………… 3
1.5 Statement of hypothesis ……………………………………………………… 4
1.6 Purpose of the study ……………………………………………………………. 5
1.7 significance of the study ………………………………………………………. 5
1.8 Slope and limitation of the study ………………………………………….. 7
1.9 Definition of terms ……………………………………………………………….. 8
References
1.1 Background of the study ……………………………………………………… 1
1.2 Statement of problem …………………………………………………………. 2
1.3 Objective of the study …………………………………………………………. 3
1.4 Research questions ……………………………………………………………… 3
1.5 Statement of hypothesis ……………………………………………………… 4
1.6 Purpose of the study ……………………………………………………………. 5
1.7 significance of the study ………………………………………………………. 5
1.8 Slope and limitation of the study ………………………………………….. 7
1.9 Definition of terms ……………………………………………………………….. 8
References
CHAPTER TWO Literature review
2.1 Definition of internal audit ………………………………………………… 11
2.2 Objectives of internal audit ……………………………………………….. 12
2.3 Characteristics of internal audit ………………………………………….. 14
2.4 Functions of an internal audit ……………………………………………. .. 15
2.5 Responsibility of an internal auditor to management …………… 19
2.6 Internal auditing as an aid to fraud prevention …………………….. 21
2.7 Internal audit as an internal part of internal control …………….. 23
2.8 Cooperation between internal and external …………………………. 27
2.9 Problem of internal audit ……………………………………………………… 38
2.10 Historical background ………………………………………………………… 29
References
2.1 Definition of internal audit ………………………………………………… 11
2.2 Objectives of internal audit ……………………………………………….. 12
2.3 Characteristics of internal audit ………………………………………….. 14
2.4 Functions of an internal audit ……………………………………………. .. 15
2.5 Responsibility of an internal auditor to management …………… 19
2.6 Internal auditing as an aid to fraud prevention …………………….. 21
2.7 Internal audit as an internal part of internal control …………….. 23
2.8 Cooperation between internal and external …………………………. 27
2.9 Problem of internal audit ……………………………………………………… 38
2.10 Historical background ………………………………………………………… 29
References
CHAPTER THREE Research methodology
3.1 Introduction and research design ……………………………………….. 33
3.2 Data collection method ………………………………………………………. 33
3.3 Research population and sample size ………………………………….. 35
3.4 Distribution of questionnaire ………………………………………………. 36
3.5 Validation and reliability of the instrument …………………………. 37
3.6 Method of data analysis ……………………………………………………… 37
3.7 Decision criteria for validation of hypotheses ………………………. 38
CHAPTER FOUR Data analysis and research findings
4.1 Introduction ………………………………………………………………………. 39
4.2 Data analysis ……………………………………………………………………… 39
4.3 Test of hypotheses ……………………………………………………………… 45
3.1 Introduction and research design ……………………………………….. 33
3.2 Data collection method ………………………………………………………. 33
3.3 Research population and sample size ………………………………….. 35
3.4 Distribution of questionnaire ………………………………………………. 36
3.5 Validation and reliability of the instrument …………………………. 37
3.6 Method of data analysis ……………………………………………………… 37
3.7 Decision criteria for validation of hypotheses ………………………. 38
CHAPTER FOUR Data analysis and research findings
4.1 Introduction ………………………………………………………………………. 39
4.2 Data analysis ……………………………………………………………………… 39
4.3 Test of hypotheses ……………………………………………………………… 45
CHAPTER FIVE Summary, conclusion and recommendation
5.1 Summary ……………………………………………………………………………. 53
5.2 Conclusion ………………………………………………………………………….. 54
5.3 Recommendation ……………………………………………………………….. 54
Bibliography ……………………………………………………………………….. 56
Appendix …………………………………………………………………………….. 58
5.1 Summary ……………………………………………………………………………. 53
5.2 Conclusion ………………………………………………………………………….. 54
5.3 Recommendation ……………………………………………………………….. 54
Bibliography ……………………………………………………………………….. 56
Appendix …………………………………………………………………………….. 58
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
(2016, 01). Internal Auditing As An Aid To Management (a Study Of Household Products Company, Orlu, Imo State).. ProjectStoc.com. Retrieved 01, 2016, from https://projectstoc.com/read/6975/internal-auditing-as-an-aid-to-management-a-study-of-household-products-company-orlu-imo-state-5807
"Internal Auditing As An Aid To Management (a Study Of Household Products Company, Orlu, Imo State)." ProjectStoc.com. 01 2016. 2016. 01 2016 <https://projectstoc.com/read/6975/internal-auditing-as-an-aid-to-management-a-study-of-household-products-company-orlu-imo-state-5807>.
"Internal Auditing As An Aid To Management (a Study Of Household Products Company, Orlu, Imo State).." ProjectStoc.com. ProjectStoc.com, 01 2016. Web. 01 2016. <https://projectstoc.com/read/6975/internal-auditing-as-an-aid-to-management-a-study-of-household-products-company-orlu-imo-state-5807>.
"Internal Auditing As An Aid To Management (a Study Of Household Products Company, Orlu, Imo State).." ProjectStoc.com. 01, 2016. Accessed 01, 2016. https://projectstoc.com/read/6975/internal-auditing-as-an-aid-to-management-a-study-of-household-products-company-orlu-imo-state-5807.
- Related Works
- Impact Of Supervision On Effective Bank Management
- Financing Small-scale Industries In Nigeria (a Case Study Of Enugu State )
- Funding Of Federal Parastatlas (a Case Study Of Fedreal Radio Coperation Of Nigeria In Enugu State
- The Role Of Insurance Companies In The Development Of Nigerian Economy
- The Role Of Accounting In Nigeria
- Evaluation Of The Dynamic Effects Of Iole Cash Holding In A Developing Econo0my. A Cash Study Of Ogbete Main Market
- Working Capital Management In Select Companies In Enugu State
- A Critical Study On The Industrial Conflicts In An Organisation (a Case Study Of Guinness (nig) Plc Ikeja Lagos)
- Spiral Growth Of Banks In Nigeria: Manpower Problems And Solutions. A Project Presented To The Department Of Accountancy, Institute Of Management And Technology (i.m.t.) Enugu
- A Critical Analysis Of The Importance Of Auditing In The Authentication Of Financial Statement Of Business Organisation A Case Study Of Nigercias Ltd Emene- Enugu