THE EVALUATION MANAGEMENT AUDIT AND ITS EFFECT ON ORGANIZATION’S EFFICIENCY (A CASE STUDY THREE SELECTED COMPANY IN ABA)

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ABSTRACT

This research study attempts to evaluate management audit and its effects on organization’s efficiency. The aim of the study is to ascertain and to find out whether management audit helps in achieving organizational efficiency. Secondly, it is to know how relevant management audit effects organization performance. Lastly, if management audit enhance to a greater. Extent in the organizational effectiveness and efficiency. Questionnaire were administered to various staff of the companies and some top officials of the selected companies were interviewed The researcher collected data through primary and secondary sources, which were presented in tables and using sample percentage for data analysis. Chi-square (X2) tables and percentages were used in that analysis for the text and expected frequency. The results showed that major problems encounted were weakness and inefficiencies in the companies. Sequel to these findings (i) Manufacturing companies do conduct management audit, (ii) Organizational have computerized information system. Recommendations were made such as, there should be sufficient management interest and involvement in staff development and welfare. Federal law should be prominent in making it mandatory for every organization to have management audit which will be attached to the annual report accounts. Conclusion, the study reveals that unsound management audit affects the effectiveness and efficiency of the management.

TABLE OF CONTENTS

Title Page i

Approval Page ii

Dedication iii

Acknowledgement iv

Table of Contents vi

Abstract ix

CHAPTER ONE

1.0. Introduction 1

1.1. Background of the Study 1

1.2. A Brief Profile of the three Selected Companies 2

1.3. Statement of the Problem 5

1.4. Purpose of the study 5

1.5. Research Questions 6

1.6. Hypothesis of the Study 6

1.7. Scope and Limitation of the Study 7

1.8. Significance of the Study 8

1.9. Definition of Terms 8

CHAPTER TWO

REVIEW OF RELATED LITERATURES

2.1. The conceptual framework 10

2.2. The Need for Management 11

2.3. Management Control Review 14

2.4. Who Conducts Management Audit 16

2.5. Management audit in a non-profit organization 17

2.6. Management System and Review 18

2.7. Objectives of Management 18

2.8. Management Audit Programme 19

2.9. Effects of Management Audit on Organization Efficiency 20

2.10. Analysis of the Planning and Control Process 22

2.11. Conclusion 23

CHAPTER THREE

RESEARCH METHODOLOGY

3.1. Research Design 24

3.2. Area of Study 24

3.3. Population and Sample Size of the Study 24

3.4. Sample and Sampling Techniques 25

3.5. Method of Data Collection 25

3.6. Method of Data Analysis 25

CHAPTER FOUR

PRESENTATION AND ANALYSIS OF DATA

4.1. The Questionnaire 28

4.2. Testing of Hypothesis 36

4.3. Discussion of Findings 43

CHAPTER FIVE

SUMMARY, CONCLUSION AND RECOMMENDATION

5.1. Limitation of the Study 46

5.2. Conclusion 46

5.3. Recommendations 47

5.4. Suggestion for Further Study 47

References 50

Appendix A 51

Appendix B 52

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THE EVALUATION MANAGEMENT AUDIT AND ITS EFFECT ON ORGANIZATION’S EFFICIENCY (A CASE STUDY THREE SELECTED COMPANY IN ABA)

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