ABSTRACT
The study on audit is an
important one especially when if has to do with auditing as an instrument of
accountability in an organization. Accountability as we all know, means
answerability for one's action and behaviour within the emphasis that public
official should be legally required to be answerable for their actions. Thus,
if effected would permit and facilitate the achievement of cooperate goals, it
is the efficiency of this accountability that auditing, be it internal or
external set out to appraise. This project work sought to examine the auditing
as a means of enhancing accountability of public fund: A case of Abak Local
Government Council in Akwa Ibom State. The objectives of the study were to:
Assess auditing as control machinery in the management of Abak Local Government
finance. To assess the effectiveness and efficiency of auditing in the
prevention and disclosure of irregularities, and to find out its associated
problem as well as its recommendation as a propound solution to it. Data were
collected both from primary and secondary sources. The primary sources were
through questionnaires administered and personal interview. The secondary
sources were text books from libraries and journals. Simple percentage and
chi-square techniques were used in data analysis and testing of the three
hypothesis. 5% level of significance was provided for against error and 95% of
work done is assumed to be correct. From the studying, the findings reveal that
negligence of duty, irregularities -- fraud, embezzlement, misappropriate of
fund and non adherence to ethical code of the establishment is the other of the
public sector in general. In my recommendation, audit department should be
given a reasonable degree of independence to enable them report its findings on
all activities of the council. Qualified staff should be employed, and all rule
and regulations guiding the activities of every unit of the council should be
observed. Above all, auditing rule should be emphasized and adhered to.
EZIRIM, S (2021). Auditing As A Means Of Enhancing Accountability Of Public Funds A Case Of Abak Local Government Council In Akwa Ibom State. Mouau.afribary.org: Retrieved Nov 01, 2024, from https://repository.mouau.edu.ng/work/view/auditing-as-a-means-of-enhancing-accountability-of-public-funds-a-case-of-abak-local-government-council-in-akwa-ibom-state-7-2
SAMUEL, EZIRIM. "Auditing As A Means Of Enhancing Accountability Of Public Funds A Case Of Abak Local Government Council In Akwa Ibom State" Mouau.afribary.org. Mouau.afribary.org, 14 Jul. 2021, https://repository.mouau.edu.ng/work/view/auditing-as-a-means-of-enhancing-accountability-of-public-funds-a-case-of-abak-local-government-council-in-akwa-ibom-state-7-2. Accessed 01 Nov. 2024.
SAMUEL, EZIRIM. "Auditing As A Means Of Enhancing Accountability Of Public Funds A Case Of Abak Local Government Council In Akwa Ibom State". Mouau.afribary.org, Mouau.afribary.org, 14 Jul. 2021. Web. 01 Nov. 2024. < https://repository.mouau.edu.ng/work/view/auditing-as-a-means-of-enhancing-accountability-of-public-funds-a-case-of-abak-local-government-council-in-akwa-ibom-state-7-2 >.
SAMUEL, EZIRIM. "Auditing As A Means Of Enhancing Accountability Of Public Funds A Case Of Abak Local Government Council In Akwa Ibom State" Mouau.afribary.org (2021). Accessed 01 Nov. 2024. https://repository.mouau.edu.ng/work/view/auditing-as-a-means-of-enhancing-accountability-of-public-funds-a-case-of-abak-local-government-council-in-akwa-ibom-state-7-2