What chapters are covered in this Accounting project?

Chapter ONE 1.1 Introduction 1.2 Background of Study 1.3 Problem Statement 1.4 Objective of Study 1.5 Limitation of Study 1.6 Scope of Study 1.7 Significance of Study 1.8 Structure of the Research 1.9 Definition of Terms Chapter TWO 2.1 Overview of Auditing 2.2 Historical Development of Auditing 2.3 Types of Auditing 2.4 Importance of Auditing in Business 2.5 Auditing Standards and Practices 2.6 R

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THE IMPACT OF AUDITING IN ENHANCING BUSINESS SURVIVAL

THE IMPACT OF AUDITING IN ENHANCING BUSINESS SURVIVAL

Chapter ONE

INTRODUCTION

1.1Introduction
1.2Background of Study
1.3Problem Statement
1.4Objective of Study
1.5Limitation of Study
1.6Scope of Study
1.7Significance of Study
1.8Structure of the Research
1.9Definition of Terms

Chapter TWO

LITERATURE REVIEW

2.1Overview of Auditing
2.2Historical Development of Auditing
2.3Types of Auditing
2.4Importance of Auditing in Business
2.5Auditing Standards and Practices
2.6Role of Auditors in Enhancing Business Survival
2.7Challenges Faced by Auditors in the Modern Business Environment
2.8Technology and Its Impact on Auditing
2.9Recent Trends in Auditing
2.10Global Perspectives on Auditing

Chapter THREE

RESEARCH METHODOLOGY

3.1Research Methodology Overview
3.2Research Design and Approach
3.3Data Collection Methods
3.4Sampling Techniques
3.5Data Analysis Methods
3.6Research Ethics
3.7Validity and Reliability
3.8Limitations of the Research

Chapter FOUR

DATA PRESENTATION AND ANALYSIS

4.1Overview of Research Findings
4.2Auditing Practices in Business Survival
4.3Impact of Auditing on Business Performance
4.4Case Studies on Successful Auditing Practices
4.5Comparison of Different Auditing Approaches
4.6Recommendations for Improving Auditing Processes
4.7Future Directions for Auditing Research
4.8Implications for Business and Auditing Professionals

Chapter FIVE

SUMMARY, CONCLUSION AND RECOMMENDATIONS

5.1Conclusion and Summary
5.2Summary of Findings
5.3Contributions to Knowledge
5.4Practical Implications
5.5Recommendations for Future Research

Project Abstract

This research examines the impact of auditing in enhancing business survival, a case study of guaranteed trust bank (GTBank) and united bank for Africa (UBA), katsina state.The work is aimed at determining the aims, objective, and achievement of auditing and how auditing through a well planned work of an auditor can have impact in the development of business and its profitability.It was also highlighted that auditors who confronted with some problems should demonstrate adequate skill, care and independent as to prove business development, survival and corporate accountability and by so doing will propel the enhancement in business and other sectors of the economy.

Project Overview

1.0 INTRODUCTION

This research work is on the impact of auditing in enhancing business survival: A case study of guaranteed trust bank (GTBank) and united bank for Africa (UBA).

Auditing has been the backbone of the complicated business world and has always changed with times. As the business world grew strong horizontally and vertically, auditorsâ€™ role becomes more complex and challenging. The auditorsâ€™ job becomes more difficult and complicating as the accounting principles and standards changes. Organizations application of internal control software and use of internal controls specialists, which introduces the need for testing, makes audit assignments fairly easy and reduces the scope covered as reliance is placed by the auditor on the works done by the internal control specialists. Scandals and stock market crashes, failure of some financial institutions and sudden failures of many companies highlighted to the auditors the deficiencies in auditing and loopholes in audit work. This also led to several innovations which made the auditors and the auditing community to quickly review their operations and fix the anomalies.

The practice of auditing existed even in the Vedic period. Historical records show that Egyptians, Greeks and Roman used to get this public account scrutinized by and independent official. Kautaly in his book â€œarthshastraâ€ has stated that â€œall undertakings depend on finance; hence foremost attention should be paid to the treasuryâ€.

Auditing as it exists today can be associated with the emerging of Joint Stock Company during the industrial revolution.

Historically the word â€œauditâ€ was derived from the Latin word â€œaudireâ€, meaning â€œto hearâ€. The practice of auditing has existed since the primitive days when men were required to account for their transactions. This was developed from the concept of stewardship, where by productive resources were supplied by person or group of persons. These providers of funds would in turn require the stewards of the business to give an account of stewardship accordingly at the end of a particular period of how the resources given to them were been expected.

The practice of stewardship can be linked to present day limited liability companies, which are owned by shareholders, who provide the finance for running the business and managed by directors appointed by them.

â€œAuditing as we understand now has its root two or three hundred years ago in the first division of interest between those engaged in a business undertaking (the entrepreneurs) and those who made the finance available without necessary becoming directing involved in the day to day management.

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