ABSTRACT

This research work is on the assessment of the role of internal audit in organizational performance. Internal auditors conduct many audit work to determine whether a given branch or department of a company understands it's role; i.e. maintenance of adequate records, protection of it's resources and if poorly staffed. Internal audit department ensures that the organization policies and basic accounting controls are observed and that the government regulations on the operations are complied with in order to avoid any form of conflict and inconsistency with the law. It is alleged that auditors' merely) rubber stamp financial statements prepared by managers with 1ut conformity. Auditors independence and integrity to perform their'jo&s remain questionable on the grounds that auditors are often ir partnership with those whose activities and operations are being audited e.g (internal auditor being an employee of the organization) Auditors are most times not provided with necessary information needed to carry out their work. The collection of data for this research work was based on two main sources: Primary and Secondary data. The population for the research study is restricted to the management staff and non-management staff of Nigeria Breweries Plc, Aba. The popuiation size of the organization is made up of ninety-two (92) staff. The organization is made up of three departments which fifty (50) female and twenty-five (25) male are workers, making a total population of 75 workers which is the sample size. In determination of the sampling size Taro Yaçna rmulaws applied. Based on the researcher's findings, the reserctr ha established that internal auditing has a positive and significant effect in bringing about effective and efficient management of resources in order to attain the organization's objectives and to complement other functional department in order to achieve the required results. Management should regularly involve a scheme of motivation and personnel training which should include moral instruction so that honesty would appeal to' their morals. Auditor should be allowed the independent status which the profession stipulated to enable him discharge his functions freely and fairly void of fear and favour.