Our Archives

Call 08068929770 or 08122972656 for any enquiries.

Project Topic:

THE INTERNAL AUDITING AS AN INSTRUMENT FOR EFFECTIVE MANAGEMENT (A CASE STUDY OF INSTITUTE OF MANAGEMENT & TECHNOLOGY I.M.T.) ENUGU

Project Information:

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 67 ::   Attributes: Questionnaire, Data Analysis
::   147 people found this useful

Project Body:

ABSTRACT

The variable instrument for the control of the organizational resources is the internal control, which has internal audit as its instrument.  This important father makes the researcher to choose “Internal auditing as an instrument for effective management”.

For this project on institution of management and technology (IMT) Enugu as a case studying, the researcher made use of both primary and secondary data.  Structured questionnaires were the method used for the collection of primary data.  Secondary data were also collected from textbooks and form various libraries.  Chi-squares was used as a statistical tool for analyzing the data.

It was discovered from the research that internal auditing is an indispensable instrument for effective management interferes with the function of the internal audit duties in the institution.  Also lack of information contribution to the misappropriation of funds and properties of the organization.

The researcher recommend that internal auditors should be persons who are well trained experienced and of good moral standing for proper recognition.

On that note, the management should not interferes with the duties and proper working of the internal  audit unit.

TABLE OF CONTENTS

CHAPTER ONE

1.1              Background of the study

1.2              Statement of the problem

1.3              Objective of the study

1.4              Scope of the study

1.5              Research questions

1.6              Null hypothesis (ho)

1.7              Significance of the study

CHAPTER TWO

2.0              Review of related literature

CHAPTER THREE

3.0              Methodology

3.1       Research design

3.2              Area o the study

3.3              Population of the study

3.4              Sample and sampling procedure

3.5              Instrument for data collection

3.6              Validation of the instrument

3.7              Reliability of the instrument

3.8              Administration of the instrument

3.9              Method of data analysis

CHAPTER FOUR

4.0       Data presentation and result

CHAPTER FIVE

5.0       Discussion of results

5.1              Discussion

5.2              Conclusion

5.3              Implication of the study

5.4              Recommendation

5.5              Suggestions for further research

5.6              Limitation of the study

APPENDIX

REFERENCES

CHAPTER ONE

 

1.1       INTRODUCTION

The function and the existence of internal audit department in organisation cannot be over emphasized considering the enormity of trust and responsibility attached to this department of an organisation.  This brings to mind why the writers chose to research on the subject, internal auditing as an instrument for effective management.

Internal auditing becomes necessary as a result of the extended span of control faced by the management concerning the employment of men and material in the conduct of organizational affairs.  The work of the internal audit are very important in most modern organizations and have trust of responsibility to advice the management and enforce the operations of internal control, and the internal checks in the organisation.  The inefficiency in the organisation during day to day activities are controlled.

The internal audit is the independence appraisal activity in the organisation as a service to the management.  The duties are usually defined by the management and these includes:

 

Ø  Measurement of the adequacy and effectiveness of the internal control system on a continuous basis;

Ø  Routine checks to prevent and detect errors and frauds;

Ø  Provision of hireling advice to management on internal control matters;

Ø  Investigation of reported cases of all practices;

Ø  Provision of statiscal data for management information and decision making;

Ø  Other special assignment such as asset disposal, staff audits.

 

Inspite of this being a seemingly exacting and challenging function of the internal audit department.  In some organizational, the management starve the internal auditor of funds, staffing and training.

It is necessary for internal audit to have credibility by having as internal auditors persons of interrity.

The above qualities of internal auditors contributed to the inefficient of the internal audits of the organizations world-wide.

As regards, the problems which usually effects the internal audit departments, the staff of some organisation treats the internal audit as “blood hound” and not “watch dogs”.  The fraudulent staff would not normaly corporate with the internal auditors as regard the supply of information which should be used for the effective checks of the work of the organizations activities.

The project directs its attention on the institute of management and technology (IMT) Enugu.  The school was established as a result of the combination of the former college of technology and institute of administration of East Central State in 1972.

The institute of management and technology (IMT) Enugu came into being of the 1st July, 1973 as a result of edict No. 10 of 1973 of the then East Central State Government.

The institute of management and technology has two campus whish is campus II and III as campus I has been taken over by the Enugu State University of Science and technology (ESUT) Enugu Nigeria.

The institute of management and technology (IMT) Enugu runs preliminary studies, such as full-time, part-time and poly-air programmes.  The institute has its head of establishment, the rector of the institute, the registrar, the accounts and the student’s affairs etc.

The institute of management and technology (IMT) Enugu has under its various programmes:

 

Ø  School of business and administration;

Ø  School of Engineering

Ø  School of General Studies;

Ø  School of Technical Teachers Education and;

Ø  School of Continuing Education.

1.2       STATEMENT OF PROBLEMS

The research titled internal auditing as an instrument of effective management attempts to determine the methods by which some institution like the institute of management and technology (IMT), Enugu has utilized internal audit as an instrument for effective management some of these problems are:

(i)                 Inability to identify the functions of the internal audit department;

(ii)               Lack of information for internal audit work;

(iii)             Non-independent of internal audit work in the institute and

(iv)             Inability to recognize the internal audit as effective and reliable tools to management in performance of its functions.

1.3       OBJECTIVES OF THE STUDIES

The objective of this work is as follows:

(i)                 To discover the extent to which the inability to identify the function of the internal audit department affects institute of management and technology (IMT), Enugu.

(ii)               To find out how lack of information in this institute affects the internal audit work.

(iii)             To determine the extent to which the independent of the internal audit work is being hampered; and

(iv)             To determine whether internal audit is an instrument for effective management.

1.4       SCOPE OF THE STUDY AND ITS LIMITATION

The scope of this study focuses on the internal auditing as an instrument for effective management using institute of management and technology (IMT), Enugu as a case study.

1.5       RESEARCH QUESTIONS

To guide these projects, (4) four research questions were formulated as follows:

(i)                 To what extent does inability to identify the function of internal audit department affects the activities of the institute of management and technology (IMT), Enugu.

(ii)               To what extent does lack of information in institute of management and technology (IMT), Enugu affects the internal audit works;

(iii)             To what extent does independence of internal audit work is being hampered; and

(iv)             To what extent does internal auditing as an instrument for effective management in institute of management and technology (IMT), Enugu.

1.6       NULL HYPOTHESIS (Ho)

The hypothesis of this work include:

Ho1:     Inability to identify the functions of the internal audit department does not in any way affects the management of institute of management and technology (IMT), Enugu.

Ho2:     Lack of information in the institute of management and technology (IMT), Enugu does not affect the internal audit work of  its management; and

1.7       SIGNIFICANCE OF THE STUDY

This work will be of great benefit to the management of every institute or firm not only the institute of management and technology (IMT), Enugu that require effective internal control.

The benefit of internal audit may not be over emphasized due to detection, control and prevention of waste and fraud in the organisation.  This researcher provides moral influence to protect efficiency and assists management in dealing prompting with some issues which would have created problems if left to linger until they come to the attention of the higher management.

The students of business, research, business executions and the public institute might find the work interesting

Project Department:

MORE EDUCATION FREE UNDERGRADUATE PROJECT TOPICS AND RESEARCH MATERIALS


Get The Complete Project »

Instantly Share this Project On Social Media:

CLOSELY RELATED EDUCATION FREE UNDERGRADUATE PROJECT TOPICS AND RESEARCH MATERIALS

THE IMPACT OF CLASSROOM PRACTICES ON SECODARY SCHOOL STUDENTS IN OYO STATE

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 65 ::   Attributes: Questionnaire, Data Analysis, abstract  ::   602 engagements

ABSTRACT This study investigated the classroom climate practices in public and private secondary schools in Ibadan West Local Government Area of Oyo State. There are 17 public secondary secondary ...Continue reading »

A COMPARATIVE STUDY OF SECONDARY SCHOOL STUDENTS ACADEMIC PERFORMANCE IN FOOD AND NUTRITION IN WAEC & NECO EXAMINATIONS FROM 2006-2011

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 68 ::   Attributes: Questionnaire, Data Analysis, abstract  ::   472 engagements

ABSTRACT This paper compares and examines the performance of secondary school students who were candidates in food and nutrition examinations of both the West African Examination Council (WAEC) and Na...Continue reading »

AN INVESTIGATIVE STUDY ON THE ATTITUDE OF SCHOOL ADOLESCENT STUDENTS TOWARDS GENITAL MUTILATION (A CASE STUDY OF EKET LGA AKW IBOM STATE)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 65 ::   Attributes: Questionnaire, Data Analysis, Abstract  ::   362 engagements

ABSTRACT The main focus of this study was to find out the attitude of in-school adolescents in Eket Local Government Area, Akwa Ibom State, Nigeria towards female genital mutilation. In order to achi...Continue reading »

A CRITICAL ANAYSIS OF THE CAUSES AND EFFECTS OF MASS FAILURE IN MATHEMATICS IN SENIOR SECONDARY SCHOOLS (A CASE STUDY OF UYO LOCAL GOVERNMENT AREA)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 70 ::   Attributes: Questionnaire, Data Analysis, Abstract  ::   436 engagements

1.0 INTRODUCTION In recent years, student academic achievement in senior secondary school certificate examination mathematics. The word “Mathematics” is a Greek word, meaning things that ...Continue reading »

THE IMPACT OF LEGISLATION AND IMPLEMETATION OF EDUCATIONAL POLICIES ON TERTIARY INSTITUTIONS ( A CASE STUDY OF LAGOS STATE)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 65 ::   Attributes: Questionnaire, Data Analysis, Abstract  ::   333 engagements

ABSTRACT The study examined legislation and implementation of educational policies in Lagos State tertiary institutions. Descriptive research design was used. A questionnaire titled ‘Legislatio...Continue reading »

THE IMPACT OF E- LEARNING ON THE ACADEMIC PERFROMANCE OF UNDERGRADUATES (A CASE STUDY OF THE UNIVERSITY OF JOS)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 70 ::   Attributes: Questionnaire, Data Analysis  ::   427 engagements

ABSTRACT This study was designed to examine the impact of e-learning on academic performance In University of Jos. To seek their opinion on the students’ perception of e-learning and academic p...Continue reading »

What are you looking for today?

TESTIMONIALS:

  • 1. Rita Eze from abia state university said "thank you so much for your sincerity; i will tell my friends about you guys.".
    Rating: Very Good
  • 2. JULIET from UNIMAID said "I THANK YOU GUYS FOR BEING HONEST.....I WILL TELL MY FRIENDS ABOUT YOU GUYS. THANKX SO MUCH".
    Rating: Excellent
  • 3. Lilian Terdoo from BSU said "i have nothing to say but thanx for being honest. i appreciate u guys...".
    Rating: Very Good
  • 4. Demien Johnson from UNN said "Uniprojectmaterials is a blessing to researchers. my job was eased up by you guys. your jobs have good quality and was delivered on time to me. Thanks a million times".
    Rating: Very Good
  • 5. Patience from unilag said "i was having difficulties handling my dissertation of 12000 words. until i stumbled on uniprojectmaterials, my work was ready in three days with high quality write up and excellent data analysis, i will tell all my friends about u guys. Mr Donald is a very nice person, he should be in charge of the phone. he attended to me very well. God bless. ".
    Rating: Excellent
  • 6. James Ike from College of Education, Gindiri said "Great delivery. Una dey try wella!!!".
    Rating: Excellent

Paper Information

Format:ms word
Chapter:1-5
Pages:67
Attribute:Questionnaire, Data Analysis
Price:₦3,000
Get The Complete Project »

Best Selling Projects

Our Archives