Internal Audit And Financial Management In An Organisation (A Case Study Dokolo Town Council)

ABSTRACT

The study is on the relationship between internal audit and financial management in an

organization; a case study of Dokolo Town Council. The major objectives of the study included;

to examine the technicality of internal audit; to examine the level of financial management; to

establish the relationship between internal audit and financial management; to study population of

the study were the administration, head of department, employees and the informant.

The sources of data were both primary and secondary data collection using the questionnaire,

interviews: data analysis was through both statistical and narrative methods. The finding shows

that the principal governing internal auditing such as integrity, objectivity, confidentially and

competence is not followed. Concerning the level of financial management the funding shows that

this is not efficient. On the relationship the funding indicated that there is a significant and possible

relationship between internal audit and financial management. The researcher recommended that

the principle, governing internal auditing should be followed and addressed to and that internal

auditors should be objective in carrying their work and should disclose all material facts known to them.

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