ABSTRACT
The question as to whether or not internal audit has an important role to play, has been generating a lot of controversies over years, especially, among hotel and restaurant owners. This question that seemed to be yet half way answered, gave rise to carrying out this study.
The work is designed in such a way as to help readers understand the roles of internal audit in management of hotels and restaurants. The project deals extensively with the roles of internal audit in the management of hotels and restaurants the importance of these roles, the hindrances, advantages and disadvantages, effect and possible solutions to these problems.
Chapter one was designed to give an overview of the study. This chapter dealt with the background of the study, relevant research questions, statement of hypothesis, significance of study, scope and limitations. Also covered were the definitions of technical jargons employed in the work.
Chapter two was a review of previous work on the definition and meaning of internal audit, importance of internal audit, advantage and disadvantage of internal audit, scope, roles of internal audit among others. This chapter in a nutshell gave a clue of the need for an internal audit.
Chapter three of this work was all about the summary of findings, conclusion and recommendations. This chapter suggested new findings as regards internal audit activities and recommendations.
Finally, this work was made to assist many people in various aspect of life including student’s lectures, hotel and restaurant owners and other alike.
TABLE OF CONTENT
TITLE PAGE
APPROVAL PAGE
DEDICATION
ACKNOWLEDGEMENT
ABSTRACTS
TABLES OF CONTENT
CHAPTER ONE
1.0 INTRODUCTION
1.1 BACKGROUND OF STUDY
1.2 STATEMENT OF PROBLEMS
1.3 PURPOSE AND OBJECTIVE OF STUDY
1.4 SIGNIFICANCE OF STUDY
1.5 SCOPE, LIMITATIONS AND DELIMITATION
1.6 DEFINITION OF TERMS
CHAPTER TWO
2.0 REVIEW OF RELATED LITERATURE
2.1 DEFINITION OF INTERNAL AUDIT
2.2 IMPORTANC OF INTERNAL AUDIT
2.3 QUALITIES OF A GOOD INTERNAL AUDIT
2.4 MERITS AND DEMERITS OF INTERNAL AUDIT
2.5 SCOPE OF INTERNAL AUDIT
2.6 INDEPENDENCE OF INTERNAL AUDIT
2.7 QUALIFICATIONS OF INTERNAL AUDIT
2.8 PROBLEMS OF INTERNAL AUDIT
2.9 ROLES OF INTERNAL AUDIT
CHAPTER THREE
3.0: FINDING, CONCLUSIONS AND RECOMMENDATIONS
3.1 FINDINGS
3.2 CONCLUSION
3.3 RECOMMENDATIONS
BIBLIOGRAPHY.