THE ROLE OF INTERNAL AUDITORS IN STOCK TAKING (A CASE STUDY OF 7UP BOTTLING COMPANY PLC 9TH MILE CORNER ENUGU)

ABSTRACT Due  to  irregularities often  encountered in the public  enterprises  and  private  establishments,  this  research  project  is  designed  for  the study  of  the  internal  auditor  in stock taking  especially as  a case study  of  7up  bottling  company  plc  9th  mile  corner Enugu.  Internal auditing and stocktaking in recent time has proved to be a hard nut which auditors have not find easy it crack  7up bottling company is  an  enterprise, which concentrated much on the marketing of favorite  brands  of  soft  drinks products.  These  brans  are  popular  and  widely consumed  across  the  length and  breadth  of  Nigeria .  seven – up bottling company  plc is  one  of the largest  manufacturing  companies  in  Nigeria.  This work comprises of five   chapters   Chapter one of this work gives a general introduction of the work which  includes  the  background  of the study,  statement  of the problem,  Objective  of the study,  research  questions,  significance  of the  study, scope  of the study  and  limitation of the study etc. Chapter two comprises the review of related literature  and  assertions by accounting  icons and  intellectuals  in the field.  Chapter three is made  up  of research  design  and methods, Area  of study, Population study, Sampling  methods, Research  instrumentations,  Validity  and  reliability  of research  instruments,  source  of data and  methods of  investigation  etc.  Chapter  four  contains the  presentation and  analysis of  data  and  lastly.     chapter five contains  findings,  conclusion,  Recommendations  and  bibliography  reference,  Appendix,  as shown in  7up  bottling  company  plc  9th  mile  corner  Enugu. Efforts  were  also  made  to  make  this work  interesting  and  it  is  hoped  that  it  will be  of  great  help  to  anyone  that comes  across it.    TABLE OF CONTENTS Title pageii Approval page iii Dedicationiv Acknowledgmentv Abstractvi Table of contentsviii List to  table 
CHAPTER ONE: INTRODUCTION 1.1Background of the study       1 1.2Statement of the problem5 1.3Objective of the  study  1.4Research  questions 1.5Significance of the study 11 1.6Scope  of the study 1.7Limitation  of  the  study. 12

CHAPTER TWO: REVIEW OF RELATED LITERATURE  2.1The role of internal auditor under the law statute  16 2.2Internal auditing    17 2.3Stock taking   39-56
CHAPTER THREE:   RESEARCH DESIGN METHODS  3.1Research design 56 3.2Area of study 56 3.3Population 57 3.4Sample and sampling techniques 57 3.5Instrument for data collection 58 3.6Validity of the research instrument 59 3.7Reliability of research instrument 60 3.8Method of collecting data 60 3.9Method of data analysis 61
CHAPTER FOUR: PRESENTATION AND ANALYSIS OF DATA 4.1Data analysis and presentation 62 4.2Summary of results 67
CHAPTER FIVE: SUMMARY OF FINDINGS, CONCLUSION, RECOMMENDATIONS  5.1Discussion of results/finding 68 5.2Conclusion  of  result  5.3Recommendation    5.4Implication of the research findings               70 5.5Suggestions for further research 72 5.6Limitation of the study        73 References  Appendix 75