Evaluation Of The Effectiveness Of Internal Audit Unit In Fraud Prevention And Control In The Local Government System

ABSTRACT

This research work is on evaluation of the effectiveness of internal audit unit in fraud prevention and control in local government system, a study of Bende and Umuahia North local Government. In the course of the study two sets of data were used. The primary data obtained through the questionnaires administered to the staff, with academic qualifications GCE/SSCE and OND, other staffs were with BSC and HND, ICAN arid other professional bodies, while the secondary data were obtained from textbooks, journals and other publications. The data were collected and analyzed using simple percentage in table. The three hypotheses fonnulated for these studies were tested using chi-square method. The major finding of the research includes: How Internal audit unit are not adequately staffed with qualified personnel. Management contributes to the ineffectiveness of the internal audit unit by not taking or implementing corrective measures on erring staff. The internal auditor is not allowed to investigate cases of fraud. This makes it difficult for them to discharge their duty effectively. The management should adopt the attitude of making use of the internal auditors report for management decision making. The entire internal audit unit sho