RELIABILITY OF AUDIT REPORT IN NIGERIA A CASE STUDY OF MOBIL OIL NIGERIA LIMITED LAGOS

ABSTRACT

This study was carried out to evaluate the reliability of audit report in Nigeria Mobil Oil was selected as a case study. The project work shows that it dealt extensively with the end product of auditing which is ended report in contemporary Nigeria society. The project work is divided into five chapters. To explain the explicitly, the purpose, importance, problem, scope, limitation and research hypothesis. The literature review is basically on the requirements of CAMA’90, auditing standard, independence of auditor, concept of materiality, concept of true and fair view, qualified and unqualified audit report and liability of auditor with decided cases. Chapter three focuses on the research methodology, design, mode of data collection and sample size. Chapter four deal with data analysis and interpretation of data. Test was conducted and question were prepared in a questionnaire according to the opinion of view concerning the topic. Chapter five deal with the recommendation and summary of the project. Suggestions were raised towards reliability of audit report in Nigeria. Recommendations which would be useful for audit report in Nigeria were also put together. 

TABLE OF CONTENT 

Title page 

Certification 

Dedication 

Acknowledgement 

Abstract

CHAPTER ONE

Introduction 

General background of the study 

Statement of the problem 

Scope of the study 

Purpose of the study 

Limitations of the study 

Statement of hypothesis

Historical background of the case study 

CHAPTER TWO

Literature review

Theoretical frame work 

Requirement of CAMA’ 90

Auditing standard – audit report 

Auditor General of the Federation 

Liability of Auditor 

Independence and objectives

Provision of CAMA’ 90 on independence

Concept of True and Far view

Audit report

CHAPTER THREE

Research methodology 

Data collection method 

Questionnaire layout

Questionnaire assumption 

Selection of sample 

Reliability test 

CHAPTER FOUR 

Data presentation and analysis 

Introduction 

Oral interview 

Analysis and evaluation of questionnaire

CHAPTER FIVE 

Summary, conclusion and recommendation 

Summary

Conclusion 

Recommendation 

Bibliography