CHALLENGES OF INTERNAL AUDIT

25 PAGES (6513 WORDS) Accounting Project
BACKGROUND
It is generally agreed that finance is the main stay of any economy, be it public or private sector. It is equally true that no meaningful development could be achieved without finance and proper management, as a result of this, many organizations establishes difference systems of control or ensure smooth running of their business of which internal auditing is an integral part.
Basically, internal auditing ensures that all activities of the organization are carried out by employees according to laid down procedures.

TABLE OF CONTENTS
Title Page
Declaration
Approval
Dedication
Acknowledgement

CHAPTER ONE
1.0INTRODUCTION
1.1BRIEF OVERVIEW OF THE SUBJECT OF STUDY
1.2STATEMENT OF THE PROBLEM
1.3OBJECTIVE OF THE STUDY              
1.4RESEARCH OF HYPOTHESIS
1.5RESEARCH QUESTIONS
1.6SIGNIFICANCE OF THE STUDY
1.7DEFINITION OF TERMS

CHAPTER TWO
2.0LITERATURE REVIEW    
2.1INTRODUCTION
2.2OBJECTIVES OF INTERNAL AUDIT. ADENIYI: (2004)
2.3CHARACTERISTIC OF INTERNAL AUDIT
2.4RESPONSIBILITY OF AN INTERNAL AUDIT TO PUBLIC SECTOR:
2.5FUNCTION OF AN INTERNAL AUDIT DEPARTMENT
2.6INTERNAL AUDIT AS INTEGRAL PART OF INTERNAL CONTROL
2.7CO-OPERATION BETWEEN INTENAL AND EXTERNAL AUDITORS (ONOCHIE 2005)
2.8PROBLEMS OF INTERNAL AUDIT

CHAPTER THREE
3.0RESEARCH METHODOLOGY
3.1INTRODUCTION
3.2RSEARCH DESIGN
3.3SAMPLE AND SAMPLE SELECTION PROCEDURE
3.4QUESTIONNAIRE DESIGN
3.5DATA COLLECTION METHOD
3.6STATISTICAL TOOLS OF ANALYSIS EMPLOYED

CHAPTER FOUR
4.0DATA ANALYSIS AND RESEARCH FINDINGS
4.1INTRODUCTION
4.2DATA PRESENTATION AND INTERPRETATION
4.3TEST OF HYPOTHESIS
4.4SUMMARY OF FINDINGS

CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATIONS   
5.1SUMMARY
5.2CONCLUSION
5.3SCOPE AND LIMITATIONS OF THE STUDY
5.4RECOMMENDATIONS
BIBLIOGRAPHY
QUESTIONNAIRE