Internal Auditing Efficiency As A Tool For Improving The Companies Performance

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A Case Study Of Emenite Limited Enugu

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ABSTRACT
In the yearly of period of scientific management in the days of Fredrick Taylor, the use of management techniques known to them to improve the organization to improve the condition of the management could be linked to care of a disease which are partly known while other more serious ailment ravaging the body has not been diagnosed at all.
Infect management techniques and principle like the principle of management, management by objective (MBO), management by the expected, minimum and maximum great criterion, decision techniques and expected value etc., were all used as a way to enhance the organizational performance through good decision making. All this was like first aid in treating organizational performance.
Efficiency in auditing provides means of appraising companies performance and diagnosing ill or weakness of the company more effectively and comprehensively.

The research will conduct a comprehensive and a more critical on the topic: INTERNAL AYDITING AS A TOOL FOR IMPROVING COMPANIES PERFROMANCE, with the earning finding out how far has the EMENITE LIMITED ENUGU has carried out the efficiency required with a view to identifying the inefficient and deficiencies which are presumably believed to be non-existence and ahs the company used as a case of study been efficient as it ought to be.
A research work will be carried out on the coursed of low company performance and how o correct this abnormal using efficient auditing process.
The research work is divided into five chapters. The first chapters’ center on the introduction, the background of the study, statement of the study, objective of the study, hypothesis testing, scope and definition of term.
Chapter two deal on the view of some authors on the topic while the chapter three deals with the research design and methodology, furthermore, chapter four focuses on the data analysis and lastly, the chapter five is concern with the findings, summary of the findings, interpretation of data collected, conclusion and recommendation. Written data source of questionnaire and interviews will make use of by the research library and that will form the part of the secondary data formation collection and testing of the hypothesis will be done using;
Null hypothesis: Ho – the company’s internal auditing process is not efficient.
Alternative hypothesis (Hi) – the companies auditing process is efficient. Finally, various attempt will be made on how best Emenite Nigeria should be improved by applying efficiency in the auditing process, by carrying out the under mention objective;

1. Analysis of the company in general
2. Reviewing and approving the soundness, adequately, use of operational research and other accounting control like the inventory control, process costing, job costing control etc.
3. Assembling ascertaining, reviewing the extent of compliance with the established laws.

PREFACE
This research work is a guide, a touch that will basically help and direct attention to the important areas needed to find out whether a company is efficient, as it ought to be or not with reference to its auditing process. The research work is not expected to give an answer to every expected question of the topic under review. There is no gain saying the fact that auditing efficiency is an indispensable process in a company. Efficiency in auditing serves as a life wire in any company. Most companies that are having the mirage the socio-economic problems leading to abysmal performance are due to inefficient auditing.
I am highly optimistic that the completion of this will assist both the student in the future and even the staff in the tottery institutional will focus the general public who after passing through this research work will find it more valuable.
Furthermore, the technology gained form this research work will assist the professional accountant whose works are so valuable.
Ina nutshell, students, tutorial staff, in auditing will find this research work more rewarding and educative

TABLE OF CONTENTS
Title page
Approval page
Dedication
Acknowledgement
Abstract
Table of content

CHAPTER ONE:
1.1 Introduction
1.2 Statement Of The Problem
1.3 Objective Of Study
1.4 Significance Of Study
1.5 Scope Of The Study
1.6 Imitations Of This Study
1.7 Definitions Of Terms

CHAPTER TWO:
2.1 Reviews Related To Literature
2.2 Historical Background Of Auditing
2.3 History Of Emenite Limited
2.4 Purpose Of Auditing
2.5 Selection Of Auditing
2.6 Efficiency Procedure In Auditing
2.7 Importance Of The Internal Auditing
2.8 Role Of Internal Auditing In A Company
2.9 The Extent Of Management Of Information
2.10 Systems
2.11 The Level Of Accounting Control
2.12 The Roles Of An Internal Auditor In Assisting
2.13 External Auditor In The Management Of Audit
2.14 Reliance By The External Auditor On The Role Of Internal Auditor
2.15 Education Of Internal Control In An Organization
2.16 Internal Check
2.17 Collection And Education Of Evidence
2.18 Audit Queries

CHAPTER THREE
3.1 Research Methodology
3.2 Source Of Data
3.3 Interview Questions
3.4 Sample Used
3.5 Method Of Investigation

CHAPTER FOUR
4.1 Data Analysis And Interpretation
4.2 Data Presentation And Analysis
4.3 Test Of Hypothesis

CHAPTER FIVE
5.0 Summary, Findings, Conclusion And Recommendation
5.1 Summary Of The Findings
5.2 Conclusion
5.3 Recommendation
Bibliography
Appendix / QUESTIONNAIRE

Additional information

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