Appraisal Of The Internal Audit Functions In The Efficiency Of The Local Government System (A Case Study Of Umuahia South Local Government Area Of Abia State)
ABSTRACT
This research work is aimed at examining the impact of internal audit functions on
productivity in Umuahia South Local Government Area. A descriptive survey design
was adopted while simple random sampling was the sample procedure. 45 staff of
finance department was randomly sampled from a population of 56 staff
Questionnaire was employed in data collection and data was analyzed using simple
percentages, frequencies and means while the hypothesis was tested using Chi-square
analysis on SPSS version 21. The study revealed that internal auditors were effective
in discharging their duties to a moderate extent thereby enhance productivity in
Umuahia South Local Government Area. It was also observed that auditors exercise
their responsibilities independently but their decisions on terminating an auditor is
sometimes influenced by the council. It was also observed that they were not
regularly rotated to ensure efficient coverage of their role as at when due. However,
lack of facilities, lack of total internal audit Independence and restriction of auditors
from certain files were some identified factors that hamper audit functions and
productivity in the study area. The test of hypothesis indicated that there is a
significant relationship between internal audit functions and the productivity of the
organization. Hence, effective and efficient internal audit functions and productivity
demand an effective implementation of standard auditing policies.
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OKORIE, O (2021). Appraisal Of The Internal Audit Functions In The Efficiency Of The Local Government System (A Case Study Of Umuahia South Local Government Area Of Abia State). Mouau.afribary.org: Retrieved Oct 31, 2024, from https://repository.mouau.edu.ng/work/view/appraisal-of-the-internal-audit-functions-in-the-efficiency-of-the-local-government-system-a-case-study-of-umuahia-south-local-government-area-of-abia-state-7-2
ONYINYECHI, OKORIE. "Appraisal Of The Internal Audit Functions In The Efficiency Of The Local Government System (A Case Study Of Umuahia South Local Government Area Of Abia State)" Mouau.afribary.org. Mouau.afribary.org, 09 Jun. 2021, https://repository.mouau.edu.ng/work/view/appraisal-of-the-internal-audit-functions-in-the-efficiency-of-the-local-government-system-a-case-study-of-umuahia-south-local-government-area-of-abia-state-7-2. Accessed 31 Oct. 2024.
ONYINYECHI, OKORIE. "Appraisal Of The Internal Audit Functions In The Efficiency Of The Local Government System (A Case Study Of Umuahia South Local Government Area Of Abia State)". Mouau.afribary.org, Mouau.afribary.org, 09 Jun. 2021. Web. 31 Oct. 2024. < https://repository.mouau.edu.ng/work/view/appraisal-of-the-internal-audit-functions-in-the-efficiency-of-the-local-government-system-a-case-study-of-umuahia-south-local-government-area-of-abia-state-7-2 >.
ONYINYECHI, OKORIE. "Appraisal Of The Internal Audit Functions In The Efficiency Of The Local Government System (A Case Study Of Umuahia South Local Government Area Of Abia State)" Mouau.afribary.org (2021). Accessed 31 Oct. 2024. https://repository.mouau.edu.ng/work/view/appraisal-of-the-internal-audit-functions-in-the-efficiency-of-the-local-government-system-a-case-study-of-umuahia-south-local-government-area-of-abia-state-7-2