THE AUDITOR AS AN INDISPENSABLE PART OF A PROFITABLE BUSINESS ORGANISATION.

TABLE OF CONTENT

Cover Page i

Title Page ii

Approval Page iii

Dedication iv

Acknowledgement v

Preface vi

Table of Contents vii



CHAPTER ONE

INTRODUCTION 1

1.1 Background of Study 1

1.2 Statement of the Problem 4

1.3 Objectives of the Study 7

1.4 Significance of the Study 8

1.5 Definition of the Terms 10

1.6 Scope and Limitations of the Study 10

CHAPTER TWO

LITERATURE REVIEW 12

2.1 Definition of Audit 12

2.2 Generally Accepted Auditing Standard 14

2.3 Auditing Principles 15

2.4 Distinction between Auditing and Accounting Function 18

2.5 How Auditors Duties Related to the Achievement of

Profitable Business Organization 20

2.6 Internal Control 21

2.7 External Auditing and Internal Auditing 22

2.8 Auditing Names, Terms and Descriptions of Auditing

2.9 The Auditor and Fraud 26

CHAPTER THREE

SUMMARY, RECOMMENDATION AND CONCLUSION

3.1 Summary of Findings 27

3.2 Conclusion 29

3.3 Recommendation 30

3.4 Bibliography 33