INTERNAL AUDIT AS A TOOL IN ACHIEVING ORGANIZATIONAL OBJECTIVES (CASE STUDY OF ECOBANK)

INTRODUCTION

The notion of the auditor being bound or a watchdog is gradually changing for the

better as internal auditing has undergone tremendous changes in recent past.

The actual functions of the auditor is often surrounded in secrecy or held in

some kind of awe. Major notes of internal auditing have not been clear to the

majority of people in the society. In view of numerous corrupt practice, frauds

and embezzlement often uncovered by probe tool has often been questioned. It is

the realization of this that I have set out to look critically into internal

audit department of Eco-bank with a view to find whether effective control. The

mode of appointment, independence and duties of the internal Auditor was looked

into a determining whether the internal audit department is being operated as a

management or efficiency audit. The finding

shows that internal auditor is not completely independent and mode of operation

has a combination of characteristics of various types of auditing especially

the operation type of audit. Nevertheless a high degree of internal control

exists in the bank. In consideration of improvement in some areas,

recommendations are proposed.

TABLE OF CONTENTS

CHAPTER ONE

INTRODUCTION

1.1 BACKGROUND OF THE STUDY

1.2 STATEMENT OF THE PROBLEM

1.3 OBJECTIVE OF THE STUDY

1.4 RESEARCH QUESTIONS

1.7 SCOPE OF THE STUDY

1.8 LIMITATION OF THE STUDY

CHAPTER TWO

LITERATURE REVIEW

2.1 DEFINITION OF AUDITING

2.2 INTERNAL AUDIT: EVOLUTION, NATURE, TYPE AND OPERATION

2.2.1 ESSENTIAL ELEMENTS OF INTERNAL AUDIT

2.3 INTERNAL AUDIT AND THE EFFICIENT ADMINISTRATION AND FRAUD CONTROL IN ORGANISATION

2.4 DUTIES OF INTERNAL AUDITORS TOWARDS SECURING EFFICIENT ADMINISTRATION AND CONTROL OF FRAUD AT THE ORGANISATION

2.5.1.1 INTERNAL CONTROL IN EFFICIENT ORGANISATION

ADMINISTRATION AND FRAUD CONTROL.

CHAPTER THREE

RESEARCH METHODOLOGY

INTRODUCTION

3.1 RESEARCH DESIGN

3.2 SOURCES OF DATA

3.3 AREA OF STUDY

3.4 DATA COLLECTION TECHNIQUE/METHODS

3.6 Sampling Procedures and Sampling Sizes Determination.

3.7 VALIDITY AND RELIABILITY OF THE RESEARCH METHOD

3.8 TECHNIQUE FOR DATA ANALYSIS

3.9 DECISION CRITERION FOR VALIDATION OF HYPOTHESIS

CHAPTER FOUR

DATA PRESENTATION AND ANALYSIS

4.1 DATA PRESENTATION AND RESULTS

4.2 ANALYSIS OF QUESTIONS

4.3 Marital status

4.4 Length of service

CHAPTER FIVE

SUMMARY OF FINDINGS, CONCLUSIONS AND RECOMMENDATIONS.

5.0 INTRODUCTION

5.3 RECOMMENDATIONS

5.4 SUGGESTION FOR FURTHER RESEARCH

REFERENCE

APPENDIX I

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APA

LekrD195c000ceb208d92.82901061, G. (2018). INTERNAL AUDIT AS A TOOL IN ACHIEVING ORGANIZATIONAL OBJECTIVES (CASE STUDY OF ECOBANK). Afribary. Retrieved from https://beta.afribary.com/works/internal-audit-as-a-tool-in-achieving-organizational-objectives-case-study-of-ecobank-5444

MLA 8th

LekrD195c000ceb208d92.82901061, G3EZArK5c000ceb1fe991.29071805 "INTERNAL AUDIT AS A TOOL IN ACHIEVING ORGANIZATIONAL OBJECTIVES (CASE STUDY OF ECOBANK)" Afribary. Afribary, 29 Jan. 2018, https://beta.afribary.com/works/internal-audit-as-a-tool-in-achieving-organizational-objectives-case-study-of-ecobank-5444. Accessed 24 Apr. 2025.

MLA7

LekrD195c000ceb208d92.82901061, G3EZArK5c000ceb1fe991.29071805 . "INTERNAL AUDIT AS A TOOL IN ACHIEVING ORGANIZATIONAL OBJECTIVES (CASE STUDY OF ECOBANK)". Afribary, Afribary, 29 Jan. 2018. Web. 24 Apr. 2025. < https://beta.afribary.com/works/internal-audit-as-a-tool-in-achieving-organizational-objectives-case-study-of-ecobank-5444 >.

Chicago

LekrD195c000ceb208d92.82901061, G3EZArK5c000ceb1fe991.29071805 . "INTERNAL AUDIT AS A TOOL IN ACHIEVING ORGANIZATIONAL OBJECTIVES (CASE STUDY OF ECOBANK)" Afribary (2018). Accessed April 24, 2025. https://beta.afribary.com/works/internal-audit-as-a-tool-in-achieving-organizational-objectives-case-study-of-ecobank-5444

INTERNAL AUDIT AS A TOOL IN ACHIEVING ORGANIZATIONAL OBJECTIVES (CASE STUDY OF ECOBANK)

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