THE ROLE OF THE INTERNAL AUDITING DEPARTMENT IN ORGANIZATIONS A CASE STUDY OF SELECTED BANKS IN ENUGU STATE

 

Table Of Contents


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

  • 2.1Evolution of Internal Auditing
  • 2.2Theoretical Framework of Internal Auditing
  • 2.3Importance of Internal Auditing in Organizations
  • 2.4Internal Auditing Standards and Practices
  • 2.5Role of Internal Auditing in Risk Management
  • 2.6Internal Audit Process and Procedures
  • 2.7Challenges Faced by Internal Audit Departments
  • 2.8Technology and Internal Auditing
  • 2.9Relationship between Internal and External Auditors
  • 2.10Internal Audit's Contribution to Organizational Performance

Chapter THREE

RESEARCH METHODOLOGY

  • 3.1Research Design
  • 3.2Sampling Techniques
  • 3.3Data Collection Methods
  • 3.4Data Analysis Techniques
  • 3.5Research Ethics and Integrity
  • 3.6Pilot Study
  • 3.7Validity and Reliability
  • 3.8Limitations of the Research

Chapter FOUR

DATA PRESENTATION AND ANALYSIS

  • 4.1Overview of Research Findings
  • 4.2Internal Audit Department Structures
  • 4.3Internal Audit Department Effectiveness
  • 4.4Internal Audit Department Efficiency
  • 4.5Internal Audit Department Recommendations
  • 4.6Comparison with External Audit Findings
  • 4.7Impact on Organizational Performance
  • 4.8Implications for Practice and Future Research

Chapter FIVE

SUMMARY, CONCLUSION AND RECOMMENDATIONS

  • 5.1Summary of Findings
  • 5.2Conclusions
  • 5.3Recommendations for Organizations
  • 5.4Recommendations for Future Research
  • 5.5Contribution to Knowledge
  • 5.6Practical Implications
  • 5.7Limitations of the Study
  • 5.8Conclusion

Project Abstract

<p> </p><p>Nigeria emerged from colonial rule with little technological know-how. This attributed to the fact that the colonial masters made no attempt at laying foundation for acquisition of the know-how required to build the economy. Despite this, the Nigerian economy has greatly evolved and is now termed the fastest growing economy in Africa. This is due the fact that they have developed skills and procedures so that businesses and organizations can prosper. Inn relation to banks, before the 2005 consolidation exercise so many individual had little or no faith at all in these financial institutions as some kept on folding out. How ever the consolidation process endorsed by the Central Bank of Nigeria was see and considered a savior to the economy. The banks later developed schemes and strategies to grow and face their competitors without crumbling; one of such schemes being the thorough function of the internal auditing department. This research reviews the roles and functions played by the internal audit department in organizations. It is therefore unavoidable to talk of the role of the internal audit department without relating to the views of the staff who work in such a department in any organization. Three firms in the same industry (the banking industry were thus selected) and questionnaires were issued to the members of staff working in this department. This project therefore focused on the importance of the existence of an Internal Auditing Department in any organization. It high lights some problems faced by banks and how the IAD could assist them in combating these problems. Chapter three dwelt on the research methodology employed in the study. I discussed the various sources data used, the sample from which information was sought and the reasonability of using such samples. Chapter four provide presentation and analysis of data collected and testing of research hypothesis. Finally Chapter five summarized the findings of the research and offers recommendations and conclusion.<br></p> <br><p></p>

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