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 pageii
Certificationiii
Dedicationsiv
Acknowledgementv
Table of contentsvi
Abstractsix
CHAPTER ONE
Introduction1
1.1Background of study1
1.2Purpose of the study5
1.3Statements of problem5
1.4Research Questions/hypothesis 6
1.5Significance of the study7
1.6Scoped of study 7
1.7Definition of important terms8
CHAPTER TWO
Review of Literature9
2.1Introduction9
2.2Assessment of internal control 10
2.3Internal control objectives 14
2.4Internal control techniques19
2.5Internal audit23
2.6Budgetary control 27
2.7Independent of auditors30
CHAPTER THREE
Methodology 32
3.1Design of the study32
3.2Area of the study32
3.3Population32
3.4Sample and sampling procedure32
3.5Instrument for data collection33
3.6Validity of the instrument 33
3.7Reliability of the instrument33
3.8Method of data collection 34
3.9Method of data analysis34
CHAPTER FOUR
Data Presentation and Analysis35
CHAPTER FIVE
Findings and Discussion for Result41
5.1Discussion of the findings 41
5.2Conclusion42
5.3Implications of the study43
5.4Recommendation 43
5.5Suggestions for further study 44
5.6Limitations of the study45
References46
Appendix48