Evaluation of effectiveness and efficiency of internal control system in public sector organization A Study Of Auditor General For The Federations Office, Abia State
ABSTRACT
Internal control system is a very important issue following global fraudulent financial reporting and accounting scandals in both developing and developed countries. A proactive preventive approach to the problem requires a critical evaluation of existing internal control structures in organizations to determine their capacity to ensure that the organization's activities are carried out in accordance with established goals, polices and procedures. This study is on the "Evaluation of efficiency and effectiveness of internal control system in public sector organization focusing on the Auditor General for the federation's office, Abia State" This research identified a lot of problems with respect to efficiency and effectiveness and also management of public fund. The research objectives were tested using the hypotheses formulated in chapter one of this work. Several literatures were cited from libraries and also work already documented by previous scholar on related areas. The research methodology adopted the Chi- square text statistic to analyze data obtained through questionnaire and interviews. The outcome of the analyses shows that some control components of effective internal control systems are lacking in public sector. This renders the current control structure ineffective. This study ends with recommendations to improve the existing internal control systems in public sector parastatal also include computerization of accounts.
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ILOGHALU, N (2021). Evaluation of effectiveness and efficiency of internal control system in public sector organization A Study Of Auditor General For The Federations Office, Abia State. Mouau.afribary.org: Retrieved Nov 26, 2024, from https://repository.mouau.edu.ng/work/view/evaluation-of-effectiveness-and-efficiency-of-internal-control-system-in-public-sector-organization-a-study-of-auditor-general-for-the-federations-office-abia-state-7-2
N., ILOGHALU. "Evaluation of effectiveness and efficiency of internal control system in public sector organization A Study Of Auditor General For The Federations Office, Abia State" Mouau.afribary.org. Mouau.afribary.org, 29 Jun. 2021, https://repository.mouau.edu.ng/work/view/evaluation-of-effectiveness-and-efficiency-of-internal-control-system-in-public-sector-organization-a-study-of-auditor-general-for-the-federations-office-abia-state-7-2. Accessed 26 Nov. 2024.
N., ILOGHALU. "Evaluation of effectiveness and efficiency of internal control system in public sector organization A Study Of Auditor General For The Federations Office, Abia State". Mouau.afribary.org, Mouau.afribary.org, 29 Jun. 2021. Web. 26 Nov. 2024. < https://repository.mouau.edu.ng/work/view/evaluation-of-effectiveness-and-efficiency-of-internal-control-system-in-public-sector-organization-a-study-of-auditor-general-for-the-federations-office-abia-state-7-2 >.
N., ILOGHALU. "Evaluation of effectiveness and efficiency of internal control system in public sector organization A Study Of Auditor General For The Federations Office, Abia State" Mouau.afribary.org (2021). Accessed 26 Nov. 2024. https://repository.mouau.edu.ng/work/view/evaluation-of-effectiveness-and-efficiency-of-internal-control-system-in-public-sector-organization-a-study-of-auditor-general-for-the-federations-office-abia-state-7-2