INTERNAL AUDTING – AN INSTRUMENT OF CONTROL IN THE PUBLIC SECTOR. (A CASE STUDY OF ABIA STATE MINISTRY OF EDUCATION)

ABSTRACT This research work is an attempt made to enforce the roles played by internal audit department in the public sector towards the appraisal of management efficiency. There are five chapters that represent the main topic of discussions of the project. The introductory part of the project is written in chapter one comprising background of the study, statement of problem, goals to be actualized, scope and limitations, which I encountered as a student were clearly stated. Important terms used in the project were also defined. The second chapter is all about the literature review, where various literatures were reviewed as related to the project topic. Chapter three revealed that the researcher adopted descriptive research design and subsequently, the researcher maintaining randomization approach in sampling the population. And in this regard, one hundred (100) questionnaires were dispatched to staff of the company out of the number, eighty (80) were returned representing 80% while twenty (20) were not returned representing 20%. The data collected, according to returned questionnaires were analyzed in view of the hypothesis formulated in chapter one. Also some selected questionnaire were tested and analyzed in a tabular form. In testing of hypothesis, the researcher maintained the chi – square statistical testing technique. The detail of the analysis and interpretation are contained in chapter four. Finally in chapter five, the research discussed the summary of findings about the ministry of education and for further research were made.
TABLE OF CONTENTS Cover pagei Title pageii Approval pageiii Dedicationiv Acknowledgment v Abstractvi Table of contentsvii
CHAPTER ONE:INTRODUCTION 1.1Background of the Study 1 1.2Statement of the Problem3 1.3Objectives of the Study 3 1.4Significance of the Study4 1.5Scope and Limitation of the Study4 1.6Research Hypothesis5 1.7Definition of Terms5
CHAPTER TWO:LITERATURE REVIEW 2.1Overview of Internal Auditing6 2.2The Importance of Internal Audit 7 2.3The Board of Directors’ Impact on 7 Internal Auditors 2.4Sincerity of Purpose on the part of Management10 2.5Qualification and Experience of Internal Auditor12 2.6Management of Resources 19 2.7The Role of Internal Audit Department23
CHAPTER THREE:RESEARCH METHODOLOGY 3.1Population27 3.2Sample and Sampling Procedure27 3.3Source of Data Collection28 3.4Method of Data Collection28 3.5Method of Data Analysis30
CHAPTER FOUR:DATA PRESENTATION AND ANALYSIS 4.1 Data Presentation30 4.2Data Analysis31 4.3Test of Hypothesis35
CHAPTER FIVE:SUMMARY, CONCLUSION AND RECOMMENDATIONS 5.1Summary41 5.2Conclusion42 5.3Recommendations 43 References44 Appendix 146 Questionnaire