ABSTRACT
This research is a very crucial study on the impact of auditing in small and medium scale enterprise in Nigeria (SMES) (A case study of Albertina Nigeria Ltd). The study was motivated as a result of the work of auditors in a business, the functions measures of internal auditors in a firm, also monitors the activities of the business to avoid fraud or leakage of cash. To help enhance the research problems both primary and secondary data were collected. The research instrument used in collecting the data were questionnaire comprised of staff. In organizing and presenting the data collected table frequencies and percentage were used. The various hypothesis tested using the chi-square, data analysis and presentation gave the following finding. Proper management of inflow and outflow cash is a negative means of business growth etc,. Based on the findings, the researcher recommends that enhancement of responsibility centrer would be necessary. These should be an effective internal control system and efficiency of internal audit should be enhanced. Qualified staff and experts should be employed on consultancy basis. Most importantly, staff of the organization should be exposed to seminars and workshops.
TABLE OF CONTENTS
Title Page i
Approval Page ii
Dedication iii
Acknowledgement iv
Abstract ix
Table of Contents x
CHAPTER ONE:
INTRODUCTION
1.1 Background of the study 1
1.2 Statement of the Problem 6
1.3 Objective of the study 7
1.4 Research Questions 8
1.5 Formulation of Hypotheses 9
1.6 Significance of the Study 10
1.7 Scope/ Delimitation of the Study 11
1.8 Limitation of the study 11
1.9 Definition of Terms 12
CHAPTER TWO:
REVIEW OF RELATED LITERATURE
2.0 Review Of Related Literature
2.1 Auditing Meaning and Advantages 19
2.2 The Functions of Auditing ` 22
2.3 Need for Auditing Among Small and Medium Scale Enterprises 24
2.5 Impact of Internal Audit Vis-À-Vis External Audit on Small and Medium Scale Enterprises (SMES) 28
2.6 Internal Control and its Effectiveness 30
2.7 Challenges Facing Auditing of Small and Medium Scale Enterprises 32
References
CHAPTER THREE:
METHODOLOGY
3.1 Research Design 34
3.2 Description of Respondent 36
3.3 Sources of Data 36
3.4 Population and Sample and sampling Procedure 37
3.5 Method of Investigation 38
CHAPTER FOUR:
DATA PRESENTATION AND RESULT
4.1 Data Presentation and findings 39
4.2 Test of Hypothesis 53
4.3 Summary of Findings 115
CHAPTER FIVE:
CONCLUSIONS AND RECOMMENDATIONS
5.2 Summary of findings 59
5.2 Conclusion 60
5.3 Recommendation 62
Bibliography
Appendix
