An Appraisal Of Internal Audit Functions In Financial Management Of Tertiary Institution: Evidence Of University Of Uyo:- Uchechukwu, Amaka H

ABSTRACT

The study is an Appraisal of Internal Audit Functions in Financial Management ofTertiary institutions, evidence from university ofUyo. The objectives ofthis study are to examine the functionality ofinternal audit systems in University of Uyo, to determine the operational efficiency and effectiveness of internal audit function on financial management in university of Uyo, to ascertain the reliability of financial reporting in the institution and compliance with relevant laws and regulation and to determine the relationship between internal audit function and financial management in university of Uyo. To achieve the objective of the study, Survey research design was adopted. The data were collected using questionnaire, textbooks, seminar paper and related articles. The data were analyzed using the Simple Regression Technique. The audit concludes that accountability and transparency are instruments of reducing corruption at all levels of public sector. Also it is recommended that the Government should establish a greater level of trust between themselves and their constituents by providing complete and accurate information on the assets and liabilities, revenue and expenses of the government which will depict proper transparency and accountability, boost credibility and provide clear precise information to the users of information, regular audit be carried out on the activities of the Government to enhance public accountabilit