ABSTRACT
Auditing is an objective and systematic examination of accounts of an organization as to enable an auditor to make a report on the balance sheet and or other statements, which have been extracted therefore to those whom he is appointed to report. The selected co-operative societies were critically examined with a view to finding out the role of auditing as essential, tool for effective management and control of cooperative businesses. Data was collected the use of questionnaire, personal interviews and observation; the data were collected and analyzed with the use of the table and percentages. In this research, it was discovered that (1) Cooperative auditing is an essential tool in effective management of co-operative businesses (2) Though auditing is adopted in virtually of all the cooperative societies, it’s practices and application is hampered by the problems of inadequate auditors as well as poor cooperative extension services. On the basis of the above findings, the following recommendations were made to enhance the performance of cooperative auditing in Aninri Local Government Area (i) Training and retaining of cooperative officers as well as societies, secretaries should be intensified. (ii) Primary societies need to affiliate to secondary unions to ensure provision of auditing facilities. With the above recommendations, it is hoped that the performances of cooperative business enterprises will improve tremendously, especially in the area of auditing and international control.
TABLE OF CONTENTS
TITLE PAGE
APPROVAL PAGE
DEDICATION
ACKNOWLEDGMENT
ABSTRACT
TABLE OF CONTENTS
LIST OF TABLE
CHAPTER ONE
1.0 INTRODUCTION
1.1 BACKGROUND OF THE STUDY
1.2 STATEMENT OF THE PROBLEM
1.3 RESEARCH QUESTIONS
1.4 OBJECTIVES OF THE STUDY
1.5 SIGNIFICANCE OF THE STUDY
1.6 SCOPE AND LIMITATION OF THE STUDY
1.7 DEFINITION OF TERMS
CHAPTER TWO
2.0 LITERATURE REVIEW
2.1 MEANING OF AUDITING
2.2 DISTRIBUTION BETWEEN AUDITING AND ACCOUNTING
2.3 THE RELEVANCE OR BENEFIT OF AUDITING TO CO-OPERATIVE BUSINESSES
2.4 VARIOUS FORMS OF AUDITING IN COOPERATIVE SOCIETIES
2.5 ACTS OF FRAUD AND TYPES OF ERRORS IN AUDITING CO-OPERATIVE SOCIETIES
2.6 AUDIT REPORTS AND OPINIONS
2.7 INTERNAL CONTROL SYSTEM IN COOPERATIVE BUSINESSES
CHAPTER THREE
3.1 RESEARCH DESIGN
3.2 AREA OF THE STUDY
3.3 POPULATION OF THE STUDY
3.4 SAMPLE SIZE DETERMINATION
3.5 SOURCE OF DATA
3.6 QUESTIONNAIRE DESIGN AND ADMINISTRATION
3.7 SAMPLE SIZE DISTRIBUTION
CHAPTER FOUR
4.1 DATA PRESENTATION ANALYSIS AND INTERPRETATION
CHAPTER FIVE
5.0 SUMMARY OF FINDINGS, RECOMMENDATIONS AND CONCLUSIONS
5.1 SUMMARY OF FINDINGS
5.2 RECOMMENDATIONS
5.3 CONCLUSION
BIBLIOGRAPHY
APPENDIX
QUESTIONNAIRE
