RE-ENGINEERING OF INTERNAL AUDIT IN PUBLIC SECTOR: AN EMPIRICAL STUDY OF INSTITUTIONS IN NIGER STATE
| dc.contributor.author | Iyere, Samuel Iheonkhan | |
| dc.contributor.author | Barnabas, Abayomi Samuel | |
| dc.date.accessioned | 2023-12-10T17:37:54Z | |
| dc.date.available | 2023-12-10T17:37:54Z | |
| dc.date.issued | 2012-07-01 | |
| dc.description.abstract | It is a statutory requirement for the establishment and maintenance of internal audit in Sub- Accounting and Self-Accounting Units. Its development is to ensure compliance with relevant statutes and to foster accountability. The recent upsurge in frauds, mismanagement of public funds, diversion, inflation of contracts, and zero supply and among other social vices show the inefficiency and ineffectiveness of internal audit in the public sector. Data were obtained through the use of questionnaires. There is insufficient professional in internal audit unit, inadequate and weak internal control which is not reviewed to reflect current challenges. From the analysis, it can be stressed the need to re-engineer the internal audit in a holistic manner to perform both the pre payments and post payment audits, value for money audit. There is also the need for professionalism, training and re-training and recruitment of suitable qualified person for this important task. This will foster prudence, proper management and accountability for the use of national resources. | en_US |
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| dc.identifier.uri | https://keffi.nsuk.edu.ng/handle/20.500.14448/563 | |
| dc.language.iso | en | en_US |
| dc.publisher | Department of Accounting, Faculty Of Administration, Nasarawa State University, Keffi | en_US |
| dc.subject | Re-engineering, Internal Audit, Auditing, Public Sector, Value Money Audit, Post Payment Audit, Pre-payment Audit | en_US |
| dc.title | RE-ENGINEERING OF INTERNAL AUDIT IN PUBLIC SECTOR: AN EMPIRICAL STUDY OF INSTITUTIONS IN NIGER STATE | en_US |
| dc.title.alternative | An Empirical Study Of Institutions In Niger State | en_US |
| dc.type | Article | en_US |