Effect Of Auditing On Efficient Financial Management Of An Organization (A Study Of Union Bank PLC).
ABSTRACT
The study investigated on the effect of
auditing on efficient financial management of an organization. The main
objectives of the study is to examine the effect of auditing for efficient
financial management of an organization. To achieve the objectives of the
study, survey research design method was adopted. The researcher adopted
primary data in getting the required information. The population of the study
is made up of 30 respondents while the sample size is made up of 28 after
adopting taro Yamane formula. However, a total 28 questionnaire was
administered to the respondents. In testing the hypotheses, simple regression
analysis was used. The findings revealed that Auditing has a significant effect
on proper use of organizational funds •and assets of firms in Nigeria. The
findings further revealed that Auditing has significant on fraud and losses of
revenue of firms in Nigeria. The researcher recommends that Banks should employ
the service of auditors for effective operation of their business as well as
prevention and reduction of fraud. The researcher further recommends that Banks
should prepare proper financial statement that would help auditors in their
audit work.
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AGBA, N (2021). Effect Of Auditing On Efficient Financial Management Of An Organization (A Study Of Union Bank PLC). . Mouau.afribary.org: Retrieved Nov 01, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-auditing-on-efficient-financial-management-of-an-organization-a-study-of-union-bank-plc-7-2
NGOZI, AGBA. "Effect Of Auditing On Efficient Financial Management Of An Organization (A Study Of Union Bank PLC). " Mouau.afribary.org. Mouau.afribary.org, 02 Jul. 2021, https://repository.mouau.edu.ng/work/view/effect-of-auditing-on-efficient-financial-management-of-an-organization-a-study-of-union-bank-plc-7-2. Accessed 01 Nov. 2024.
NGOZI, AGBA. "Effect Of Auditing On Efficient Financial Management Of An Organization (A Study Of Union Bank PLC). ". Mouau.afribary.org, Mouau.afribary.org, 02 Jul. 2021. Web. 01 Nov. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-auditing-on-efficient-financial-management-of-an-organization-a-study-of-union-bank-plc-7-2 >.
NGOZI, AGBA. "Effect Of Auditing On Efficient Financial Management Of An Organization (A Study Of Union Bank PLC). " Mouau.afribary.org (2021). Accessed 01 Nov. 2024. https://repository.mouau.edu.ng/work/view/effect-of-auditing-on-efficient-financial-management-of-an-organization-a-study-of-union-bank-plc-7-2