ABSTRACT
This research study dealt on
"Assessment of the effects of internal Audit practice on corporate policy
implementation in Nigeria" (A study of selected private enterprises in Imo
State). The purpose of this study is to investigate and assess the effects of
internal audit practice on corporate policy implementation. The required data
for this study were obtained from primary and secondary data sources. While the
statistical tools applied in this study were simple percentage and frequency
tables, chi-square (X2) and spearman Rank order correlation coefficient (r').
At the end of general analysis of the responses (data) received from the
respondents, the conclusion includes: It was accepted that there is a
significant relationship between internal audit practice and corporate policy
implementation. That, there is a gap between internal audit practice and
corporate policy implementations in Imo State. That, irregularities and fraud
resulting from poor internal practices caused the gap between internal audit
practice and corporate policy implementation. It was agreed in this study that
internal audit practice affects corporate policy implementations to a great
extent, finally, it was discovered that effective and efficient internal audit
practice strengthens corporate policy implementation. From the above, draw
conclusions, the recommendation include that; private enterprises should
practice internal auditing to enhance management efficiency. Business
organizations should adopt effective internal audit practice to reduce
irregularities and fraud. That, internal audit department should be independent
of managerial influence. Finally, it was recommended that there should be
adherence and compliance to internal audit standards and procedure in corporate
organizations.
OBIKARA, E (2021). Assessment Of The Effects Of Internal Audit Practice On Corporate Policy Implementations In Nigeria: A Study Of Selected Private Enterprises In Imo State . Mouau.afribary.org: Retrieved Nov 01, 2024, from https://repository.mouau.edu.ng/work/view/assessment-of-the-effects-of-internal-audit-practice-on-corporate-policy-implementations-in-nigeria-a-study-of-selected-private-enterprises-in-imo-state-7-2
E, OBIKARA. "Assessment Of The Effects Of Internal Audit Practice On Corporate Policy Implementations In Nigeria: A Study Of Selected Private Enterprises In Imo State " Mouau.afribary.org. Mouau.afribary.org, 07 Jul. 2021, https://repository.mouau.edu.ng/work/view/assessment-of-the-effects-of-internal-audit-practice-on-corporate-policy-implementations-in-nigeria-a-study-of-selected-private-enterprises-in-imo-state-7-2. Accessed 01 Nov. 2024.
E, OBIKARA. "Assessment Of The Effects Of Internal Audit Practice On Corporate Policy Implementations In Nigeria: A Study Of Selected Private Enterprises In Imo State ". Mouau.afribary.org, Mouau.afribary.org, 07 Jul. 2021. Web. 01 Nov. 2024. < https://repository.mouau.edu.ng/work/view/assessment-of-the-effects-of-internal-audit-practice-on-corporate-policy-implementations-in-nigeria-a-study-of-selected-private-enterprises-in-imo-state-7-2 >.
E, OBIKARA. "Assessment Of The Effects Of Internal Audit Practice On Corporate Policy Implementations In Nigeria: A Study Of Selected Private Enterprises In Imo State " Mouau.afribary.org (2021). Accessed 01 Nov. 2024. https://repository.mouau.edu.ng/work/view/assessment-of-the-effects-of-internal-audit-practice-on-corporate-policy-implementations-in-nigeria-a-study-of-selected-private-enterprises-in-imo-state-7-2