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The Impact Of Internal Audit In Nigeria Manufacturing Industries

Download complete project materials on The Impact Of Internal Audit In Nigeria Manufacturing Industries from chapter one to five

TABLE OF CONTENT

TITLE PAGE

CERTIFICATION

DEDICATION

ACKNOWLEGMENT

ABSTRACT

TABLE OF CONTENT

CHAPTER ONE

INTRODUCTION

BACKGROUND OF THE STUDY

STATEMENT OF THE STUDY

JUSTIFICATION OF THE STUDY

OBJECTIVE OF THE STUDY

STATEMENT OF HYPOTHESIS

SCOPE OF THE STUDY

SIGNIFICANCE OF THE STUDY

PLAN OF THE STUDY

DEFINITION OF THE STUDY

CHAPTER TWO

LITERATURE REVIEW

INTRODUCTION 10

CONCEPT OF AUDITING 11

TYPES OF AUDITING 12

SCOPE OF AUDIT IN MANUFACTURING COMPANIES                                                                                  INTERNAL AUDIT IN MANUFACTURING COMPANIES

IMPACT OF AUDIT ON THE MANAGEMENT OF MANUFACTURING COMPANY

CHAPTER THREE

RESEARCH METHODOLOGY

HISTORICAL BACKGROUND OF HERITAGE PURE 20 WATER

INTRODUCTION

RESEARCH DESIGN

POPULATION AND SAMPLE SIZE

TYPES OF DATA AND METHOD OF DATA 22 COLLECTION

RESEARCH INSTRUCTIONS

METHOD OF DATA ANALYSIS

CHAPTER FOUR

DATA PRESENTATION AND ANALYSIS

INTRODUCTION

ANALYSIS OF DATA

HYPOTHESIS TESTING

INTERPRETAION RESULT

CHAPTER FIVE

SUMMARY, CONCLUSION AND RECOMMENDATION

SUMMARY 42

CONCLUSION

RECOMMENDATION

BIBLIOGRAPHY

CHAPTER ONE

INTRODUCTION

BACKGROUND OF THE STUDY

Companies or organization take a unque position in an economic setting by virtue of their position in terms of goods and services. The growing complexities in the organizations have necessitated the need for a functional and effective internal audit before the ultimate statutory audit. This is because of the incessant reports of frauds and misappropriation of fund in manufacturing companies.

The Role And User Of Accounting Information In Nigeria Banking Industries

An Assessement Of The Impact Of Ratio Analysis On Management Decision Of Company

The origin of auditing emanate from the separation ownership from control; inspite of this is became necessary for the manager entrusted with the financial and economic resources of business to present their financial report to the employers.

The Role Of Auditing In The Business And Economic Life Of A Manufacturing Industry

Nigeria Tax System Its Aims, Objective And Contribution To Economics

Auditing is viewed from one of the primary means by which accountability can be ensured to the financial statement.

Effect Of Internal Audit In An Organization

Accounting Information As A Basis For Managerial Decision-Making

Auditing, according to Walter(1970), is therefore said to be such an examination of books and accounts and vouchers of a business, as it will enable the auditor to express his opinion as to whether the balance sheet is properly drawn up, so as to give a true and fair view of the state of affairs of the business and that the profit and loss account give a true and fair view as the profit and loss for the financial period according to the best of information and explation given to him and as shown by the books to report otherwise if not satisfied.

Professional auditing grow and develop in England, whose first organized accounting body was formed in Nigeria, the institute of chartered Accountants of Nigeria {ICAN}was established by the act of parliament number 15 of 1995. Then, the idea was sold by Mr. Herbert keeling a qualified accountant who was visiting Nigeria as a delegate sent by British council on a specific assignment.

The vision comes into reality whom an association known as accountants of Nigeria was formed. The association was incorporated on November 17, 1960. There is the need for auditing in manufacturing companies so that financial control can be carried out. Internal auditing therefore, can be defineed as an independent appraisal of activity within an organization, for the review of operation as service to management. It is a management control which function by measuring and evaluating the effectiveness of other controls.

Hence, internal auditing as a process can thus, be seen as a review of the accounting and internal  control system of an enterprise in order to highlight their weakness to management so that correction can be effected appropriately and promptly.

This research work is to contribute to the understanding that to ascertain whether internal auditing is appropriate as a management tool and to also promote the understanding that the primary objective of the internal auditor is not to detect frauds ao error, but if in the process of audit the auditor detects any error or frauds he/she is to report to the appropriate authority usually the management {as bond by the professionals

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