INTERNAL AUDITING AS A TOOL OF CONTROL IN FEDERAL GOVERNMENT PARASTATALS A CASE STUDY OF AHMADU BELLO UNIVERSITY TEACHING HOSPITALS ZARIA (ABUTH). INSTITUTE OF HEALTH ZARIA – NIGERIA.
ATTENTION:
BEFORE YOU READ THE CHAPTER ONE OF THE PROJECT TOPIC BELOW,
PLEASE READ THE INFORMATION BELOW.THANK YOU!
INFORMATION:
YOU CAN GET THE COMPLETE PROJECT OF THE TOPIC BELOW. THE FULL
PROJECT COSTS N5,000 ONLY. THE FULL INFORMATION ON HOW TO PAY AND GET THE
COMPLETE PROJECT IS AT THE BOTTOM OF THIS PAGE. OR YOU CAN CALL: 08068231953,
08168759420
INTERNAL AUDITING AS A
TOOL OF CONTROL IN FEDERAL GOVERNMENT PARASTATALS
A CASE STUDY OF AHMADU
BELLO UNIVERSITY TEACHING HOSPITALS ZARIA (ABUTH). INSTITUTE OF HEALTH ZARIA –
NIGERIA.
ABSTRACT
Auditing has been used by governments and Private
Enterprises for a long period as a tool for efficient and effective management
and control of their activities especially as it relates to their financial
dealings.
This research work primarily discusses how the ABU
teaching hospitals utilizes this all embracing technique in the management and
control of its financial operations. It also focuses on identifying the
inherent problems involved in adopting the technique and utilizing it
accordingly and thus deriving the benefits therein.
The work is divided into four chapters, chapter one
contains the general over review and consider the problems, objectives, scope
and limitations of the survey methods.
Chapter two handles the literature review, while chapter
three and four contain the operations, survey, data collection and analysis,
conclusions and suggestions.
TABLE OF CONTENTS
Title page
Approval Page
Declaration
Dedication
Acknowledgement
Abstract
Table of contents
CHAPTER ONE: The General Overview
1.0
Introduction
1.1 Statements
of the problems
1.2 Objectives
1.3 Scope and
Limitations of the research
1.4 Limitations
1.5 Research
methodology
CHAPTER TWO: Review
of the Related Literature
2.1
Historical
Evaluation of Auditing
2.2
Definition of
Auditing
2.3
Classification of an
Auditing
2.4
Internal Auditing
and Internal Control
2.5
Internal Auditing
2.6
Internal Control
2.7
Definition of
Internal Control
2.8
Types of Audit in
the Public Sector
2.9
Internal Audit
Control
2.10 Internal Control in Government Organization
CHAPTER THREE: Methodology, Data collection &
Analysis
3.1
Historical
Background of Ahmadu Bello University Teaching
Hospitals and Internal Audit Dept.
3.2
Position of the
Internal Control Audit Department
3.3
Functions of the
Internal Audit Department
3.4
Sections in the
Internal Audit Department and their
functions
CHAPTER FOUR
4.1
The Internal Audit
Report
4.2
The Control System
of Ahmadu Bello University
Teaching Hospital
4.3
Key Control Areas
4.4
The responsibility
of Enforcing Internal Audit
reports and advises
4.5
The need for
computer based auditing system
4.6
The Development of
computer systems specialized topics
CHAPTER FIVE:
Summary, Recommendations & Conclusions
5.1
Summary,
Recommendations and Conclusion
5.2
Summary
5.3
Recommendations
5.4
Conclusion
References
CHAPTER ONE
1.0
INTRODUCTION
In Nigeria, successive governments, since independence
have set up autonomous organizations with legal independence and powers, having
the initiative of private enterprises to carry on developmental activities of
commercial or industrial nature. Thus, the emergence of Ahmadu Bello University
teaching Hospitals with headquarters in Samaru Zaria is charged with the
responsibility of accounting properly all financial activities undertaken by its
management.
The need to institute both internal and external audit
systems within organizations for efficient and effective financial monitoring,
management and control was further necessitated by some prevalent economic
pressure like the recession in the privatization and commercialization of most
of government owned organizations, keen competition in the Nigerian business
environment, the Structural Adjustment Programme (SAP), Industrial unrest and
the renewed call by the government through War Against Indiscipline and
Corruption (WAI-C) foir financial prudence, action and accountability by
government functions.
Internal auditing is of fundamental importance as an
effective means of ensuring the reliability of internal records for information
and use, through proper internal control systems within an organization without
which such records will present chaos and the whole system may fail to succeed
for lack of orderliness, accuracy, reliability of information, safety of its
assets and the general security of records.
Effective internal control is necessary to be able to
determine whether all transactions have been reflected within accounting
record. It is therefore, important to recognize that the auditor concerns
himself with internal control throughout the clients organization and not
merely within the finance and supplies department alone. He ought to understand
the organizational operations as a whole, ascertain and evaluate the whole
system of control operating within the organizations. An important aspect about
controls is the fat that it has to be timely otherwise the whole exercise will
be futile.
The internal auditor helps management to achieve
organizational objectives effectively through his report. Such reports have to
contain express opinion of the auditor on the areas he undertakes to audit. The
nature and extent of the internal control system and internal auditing,
appropriate to anyone organization is the management’s responsibility and
depends on the organizations typology and geographical distribution.
The importance of internal control for internal audit
purposes will be appreciated most in an organization like the Ahmadu Bello
University Teaching Hospitals, whose activities are spread over various
branches at different locations both within and outside Kaduna State.
1.1 STATEMENT OF THE PROBLEMS
A problem represents an unhealthy organizational
atmosphere or a puzzle a phenomenon, event or happening. Having defined a
problem, an insight is given as to the major problems that could be said to
bedevil the internal auditing and control systems in Ahamdu Bello University
Teaching Hpsitals. As is the tradition with government parastatals and
organizations, the Ahmadu Bello University Teaching Hospitals have some of its
problems as follows:
1.
Lack of a good
system if financial monitoring and control.
2.
Lack of sufficient
audit staff and other professional services to aid and effective audit conduct.
3.
Lack of sufficient
transport, financing and suit accommodation.
4.
Non issuance of
internal audit reports prior to statutory audit thus increasing the audit fees
and costs.
5.
Insensituity of
audit inspection reports and queries.
6.
Loss of funds
through misappropriation or abscondment of accounts staff.
1.2
OBJECTIVES OF THE RESEARCH
With the above list of problems and many others yet
unmentioned bedeviling the internal control system of the Internal Auditor
Department in A.B.U. Teaching Hospitals, it will be unfair if no step is taken
even as effected by one’s academic pursuance to look at the problems and causes
critically and suggest possible solutions that could improve the situation for
the organizations continued effective existence.
In a nutshell, the aim of this study is to find a
possible shorten and long term solutions to the problems thereby pacing the way
for efficient operation in the organization in order to achieve the purposes
for its existence.
1.3
SCOPE AND LIMITATIONS OF THE RESEARCH
Th study is limited to A.B.U. Teaching Hospitals
activities, especially its internal audit system and financial dealings as it
relates to the management of its financial resources.
The A.B.U. teaching Hospitals are selected as a sample
to be studied for the fact that it is likely to offer free access to relevant
financial and audit information and documents that will be required for this
research. The study centres largely on the Internal Audit Department of the
Ahmadu Bello University Teaching Hospitals, Headquarters in Samaru Zaria.
The Departmental functions as per responsibilities
assigned to it by management which is mainly to operate within the broad areas
of reviewing of accounting system and other related internal control,
examinations of financial and operating information for management, review
economic efficiency and effectiveness of operations, and implementation of
organizational policies, plans and procedures. The external audit concerns
itself with making necessary information available with express opinion to
outside users to third parties.
1.4
LIMITATIONS
As normal researches involving case studies of Government
organizations in Nigeria, the issue of confidentiality really hindered the flow
of necessary information for this write-up. Moreso, to somebody completely
outside the organization like myself, the fear of leaking Governmental secrets
due to the government secrecy acts and decrees, further aggravated lack of
adequate materials for this work. Therefore, I had to rely on the materials
that were made available to me by some personal friends in the organizational
under discussion.
Finally, the issue of financial constraints also becomes
an important factor that hindered the adequacy of resources (materials) on this
write-up.
1.5
RESEARCH METHODOLOGY
For the purpose of this project, both primary and
secondary methods of data collection have been used. The primary was based on
my personal interactions with my friends that are working there and the
questioning techniques being used during my discussions with them any time I
met some of them.
The secondary includes the accounting manuals of the
organization and other relevant related audit files, other data used includes
texts and journals that relate to the subject matter under discussion, and
accounting data, lecture motes and all other relevant financial data necessary
for this project write-up.
HOW TO GET THE FULL PROJECT WORK
PLEASE, print the following instructions and information if you
will like to order/buy our complete written material(s).
HOW TO RECEIVE PROJECT MATERIAL(S)
After paying the appropriate amount (#5,000) into our bank Account
below, send the following information to
08068231953 or 08168759420
(1) Your project topics
(2) Email Address
(3) Payment Name
(4) Teller Number
We will send your material(s) immediately we receive bank alert
BANK ACCOUNTS
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 0046579864
Bank: GTBank.
OR
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 2023350498
Bank: UBA.
HOW TO IDENTIFY SCAM/FRAUD
As a result of fraud in Nigeria, people don’t believe there are
good online businesses in Nigeria.
But on this site, we have provided “table of content and chapter
one” of all our project topics and materials in order to convince you that we
have the complete materials.
Secondly, we have provided our Bank Account on this site. Our Bank
Account contains all information about the owner of this website. For your own
security, all payment should be made in the bank.
No Fraudulent company uses Bank Account as a means of payment,
because Bank Account contains the overall information of the owner
CAUTION/WARNING
Please, DO NOT COPY any of our materials on this website
WORD-TO-WORD. These materials are to assist, direct you during your
project. Study the materials carefully and use the information in them to
develop your own new copy. Copying these materials word-to-word is CHEATING/
ILLEGAL because it affects Educational standard, and we will not be held
responsible for it. If you must copy word-to-word please do not order/buy.
That you ordered this material shows you have agreed not to copy
word-to-word.
FOR MORE INFORMATION, CALL:
08068231953 or 08168759420
AFFILIATE LINKS:
myeasyproject.com.ng
easyprojectmaterials.com
easyprojectmaterials.net.ng
easyprojectsmaterials.net.ng
easyprojectsmaterial.net.ng
easyprojectmaterial.net.ng
projectmaterials.com.ng
googleprojectsng.blogspot.com
myprojectsng.blogspot.com.ng
https://projectmaterialsng.blogspot.com.ng/
Comments
Post a Comment