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PROBLEMS AND PROSPECTS OF AUDITING IN GOVERNMENT.

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PROBLEMS AND PROSPECTS OF AUDITING IN GOVERNMENT.

 

 

TABLE OF CONTENTS

Cover page Title page Approval page Dedication Acknowledgement Abstract Table of contents

CHAPTER ONE

1.0-Introduction1.1-Background of the study1.2-Statement of the problem1.3-Purpose of the study1.4-Research questions1.5-Research hypothesis1.6-Significance of the study1.7-Scope and limitation of the study1.8-Definition of terms reference

CHAPTER TWO

2.0-Review of related literature2.1-Nature of auditing2.2-Features of auditing2.3-Auditors report2.4-Types of audit2.5-Duties of auditors2.6-Objectives of auditing2.7Appointment of auditors2.8-Rights of an auditor2.9-Classification of study2.10-Advantages of auditing2.11-Nature and definition of government organization and auditing2.12-Audit objectives with respect to government organization2.13-Prospects of auditing in government organization2.14-Historical development of federal mortgage bank Reference

CHAPTER THREE

3.0-Research methodology3.1-Introduction3.2-Research design3.3-Arear of study3.4-Population of the study3.5-Sample and sampling technique3.6-Questionnaire design and distribution3.7-sources of data3.8-instrument for data collection3.9-Method of data analysis3.10-Validity and reliability of instrument

CHAPTER FOUR

4.0-Data presentation and analysis4.1-Presentation and Analysis of data4.2-Testing of hypothesis

CHAPTER FIVE

5.0-Summary of findings, conclusion and recommendation5.1-Findings5.2-Conclusion5.3-Recommendation Bibliography Questionnaire

ABSTRACT

The topic of this research is problems and prospects of auditing in government organization, the population of the study was 82 while the research used yaro Yamani formula in the determination of the sample size which was 68.The researcher used both the primary and the secondary sources in obtaining the relevant data used in the course of the study.

The primary data was collected using the questionnaire while that of the secondary data was obtained using written textbooks, journals, magazines, newspapers, and the use of library. The researcher used chi-square in the testing of the hypothesis formulated while simple percentages were used in analyzing the research questions.

Some of the problems bound to be encountered when auditing government establishments are embezzlement of funds by some government officials, deficiency in confirming accounts receivable and failure to exercise due professional care. Some findings were made of which one out of them is that financial reports submitted are not in consonance with the transactions carried out by the government establishment

 

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CHAPTER ONE

INTRODUCTION

1.1 Background of the Study

Government organization have played a greater part in the economic growth of any economy, especially in the Nigerian economy. The contributions they have made so far cannot be overemphasized because their utmost aims of establishment is to provide some vital or essential services to improve the social and economic well being of the people.

These government organizations are mainly being funded either by the federal or state government through their budgetary allocations made to them yearly and they can also obtain loans or overdraft from commercial bank as well as subvention from government.

These funds are expected to be utilized effectively and efficiently. But in most practices they are being misappropriated or embezzled by some government officials. As a result of this mis-appropriation which has characterized most of the government organizations. Honestly and prudently managed.

 

 

PROBLEMS AND PROSPECTS OF AUDITING IN GOVERNMENT.

 

PROBLEMS AND PROSPECTS OF AUDITING IN GOVERNMENT.

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