Select Currency
Translate this page

PROBLEM AND PROSPECT OF AUDITING IN GOVERNMENT ORGANIZATIONS

Format: MS WORD  |  Chapter: 1-5  |  Pages: 64  |  944 Users found this project useful  |  Price NGN5,000

  DOWNLOAD THE COMPLETE PROJECT

CHAPTER ONE

INTRODUCTION

1.1  Background of the Study 

Government organizations have played a greater part in the economic growth of any economy, especially in the Nigerian economy. The contributions they have made so far cannot be overemphasized because their utmost aims of establishment is to provide some vital or essential services to improve the social and economic well being of the people. These government organizations are mainly being funded either by the federal or state government through their budgetary allocations made to them yearly and they can also obtain loans or overdraft from commercial bank as well as subvention from government. These funds are expected to be utilized effectively and efficiently. But in most practices they are being misappropriated or embezzled by some government officials. As a result of this mis-appropriation which has characterized most of the government organizations. Honestly and prudently managed. The audit is expect to show whether proper principles of accounts and audit ethics have been adhered to and that financial statements prepared give a true and fair view.

1.2 Statement of the Problem

In any business Organization in which allocation and application of funds serves as a backbone for financial activities to be carried out the following are problems in which are bund to be encountered.
1. Embezzlement of fund by some government Officials
2. Failure to exercise due professional care and the appropriate level of professional skepticism.
3. Over reliance on inquiry as a form of audit evidence
4. Deficiency in confirming accounts receivable
5. Failure to recognize related party transactions and assuming internal control exist when they may not. These and other factors contribute to problems of auditing in government organization.
1.3 Purpose of the Study
The purpose of studying this topic is to examine the importance, problems and prospects of auditing in government institution.
To ascertain the problems encountered while auditing in government establishment.
To know if auditors exhibit enough professional competence in conduct of their work.
To know how effective auditing is in government establishment
1.4 Research Questions 
This research work seeks to ask the following questions among others, deduced from the purpose of the study.
Are auditors being threatened or intimidated during their audit work.
Are auditors being faced with some problems during their audit work.
Are vital documents needed for the audit of the organization being held from the auditors
1.5 Research Hypothesis 
Based on the purpose, and research questions the following hypothesis are put forward.
Ho Financial reports submitted are not in consonance with the transactions carried out by the government establishment
HI Financial report submitted are in consonance with the transactions carried out by the government establishment.
Ho Treats and intimidation do not positively act the quality of auditors work in government establishment.
HI Treat and intimidation positively act the quality of auditors work in government establishment.
Ho Poor professional conducts by auditors do not act the quality of work done by auditor in government establishment.
HI Poor Professional conduct by auditors acts the quality of work done by auditors in government establishments.
1.6 Significance of the study 
Where audit principles and procedures are carried out in government organizations the following benefits are derived of which these work will be beneficial to the following people and establishments: Government good audit work will prevent, expose fraud, errors and irregularities in government establishment.
Auditors: will benefit by knowing the challenges facing them in their audit work and thereafter the prospects. Banks; will also benefit because it will give them insight on how to handle audit work successfully. Students and researchers will benefit by gaining knowledge on the audit challenges to banks and the This project would cover arrears such as audit principle(s) and procedures giving as in depth analysis on how audit work is carried out in government organizations. Attempts have been made by the researcher to discuss in depth the various short comings behind this operational framework of auditing in government organization and also self investigation carried out. Part of the constraint encountered by the researcher and limitations are as follows. Cost of carrying out the research Short duration of time limit dedicated on the project Distance and financial constraint. Restriction placed upon by some organization to have access to some vital documents. Secrecy maintained by some government officials by not revealing certain information which they term as “Keep government secrets secret”.
1.8  Definition of terms  Fraud:
Is a mis-presentation of data with the intention to the which is dishonest act involving the the of assets and the falsification of accounting records and financial statements (Akpankpan, 2000.126)
Embezzlement: The fraudulent appropriation of property lawfully in one‟s custody, (Kohther, 1970:173) Auditing or Audit: Is concerned with an independent examination of financial statements and accounting records by an independent certified or chartered accountant and expression of an opinion by the public accountant on the financial statements of an organization stating whether the finance; al statements present fairly by the financial position of the firm concerning the period covered by the financial statement. Auditor: An auditor is the qualified accountant who is professionally licensed to audit or examine financial statements or report of business or non-business organizations.
1.9  References
Adeniji, A.A .(2004). Auditing and Investigation 3rd Edition. Lagos. Eltoda venture limited. Leslie r. Howard.(1981). Principles of Auditing: Twentieth Edition. Estover plymouth mac jonal and Evans Ltd J.C. Eze. (2003). Principles and Techniques of Auditing, Revised Edition
JTC publis

  DOWNLOAD THE COMPLETE PROJECT

PROBLEM AND PROSPECT OF AUDITING IN GOVERNMENT ORGANIZATIONS

Not The Topic You Are Looking For?



For Quick Help Chat with Us Now!

+234 813 292 6373

+233 55 397 8005


HOW TO GET THE COMPLETE PROJECT ON PROBLEM AND PROSPECT OF AUDITING IN GOVERNMENT ORGANIZATIONS INSTANTLY

  • Click on the Download Button above.
  • Select any option to get the complete project immediately.
  • Chat with Our Instant Help Desk on +234 813 292 6373 for further assistance.
  • All projects on our website are well researched by professionals with high level of professionalism.

Here's what our amazing customers are saying

MATTHEW NGBEDE
Ahmadu Bello University
I wish I knew you guys when I wrote my first degree project, it took so much time and effort then. Now, with just a click of a button, I got my complete project in less than 15 minutes. You guys are too amazing!
Excellent
Dau Mohammed Kabiru
Kaduna State College of Education Gidan Waya
This is my first time..Your service is superb. But because I was pressed for time, I became jittery when I did not receive feedbackd. I will do more business with you and I will recommend you to my friends. Thank you.
Very Good
Gbadamosi Solomon Oluwabunmi
Lasu
Swift delivery within 9 minutes of payment. Thank you project master
Excellent
Temitayo Ayodele
Obafemi Awolowo University
My friend told me about iprojectmaster website, I doubted her until I saw her download her full project instantly, I tried mine too and got it instantly, right now, am telling everyone in my school about iprojectmaster.com, no one has to suffer any more writing their project. Thank you for making life easy for me and my fellow students... Keep up the good work
Very Good
Musa From Ahmadu Bello University
Thank you iprojectmaster for saving my life, please keep it up and may God continue to bless you people.
Excellent
Ibrahim Muhammad Muhammad
Usmanu danfodiyo university, sokoto
It's a site that give researcher student's to gain access work,easier,affordable and understandable. I appreciate the iproject master teams for making my project work fast and available .I will surely,recommend this site to my friends.thanks a lot..!
Excellent
Oluchi From Michael Opara University
If you are a student and you have not used iprojectmaster materials, you are missing big time! iprojectmaster is the BEST
Excellent
Abdulrahman Jibrin
Nti Abaji
Nice one work prompt delivery tanx
Very Good
Stancy M
Abia State University, Uturu
I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much iprojectmaster, infact, I owe my graduating well today to you guys...
Excellent
Peace From Unilag
I cried not knowing how to go about my project but the day i searched online and saw iprojectmaster, i called and got my full project in less than 15minutes, i was shocked!
Excellent

FREQUENTLY ASKED QUESTIONS

How do I get this complete project on PROBLEM AND PROSPECT OF AUDITING IN GOVERNMENT ORGANIZATIONS?

Simply click on the Download button above and follow the procedure stated.

I have a fresh topic that is not on your website. How do I go about it?

How fast can I get this complete project on PROBLEM AND PROSPECT OF AUDITING IN GOVERNMENT ORGANIZATIONS?

Within 15 minutes if you want this exact project topic without adjustment

Is it a complete research project or just materials?

It is a Complete Research Project i.e Chapters 1-5, Abstract, Table of Contents, Full References, Questionnaires / Secondary Data

What if I want to change the case study for PROBLEM AND PROSPECT OF AUDITING IN GOVERNMENT ORGANIZATIONS, What do i do?

Chat with Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

How will I get my complete project?

Your Complete Project Material will be sent to your Email Address in Ms Word document format

Can I get my Complete Project through WhatsApp?

Yes! We can send your Complete Research Project to your WhatsApp Number

What if my Project Supervisor made some changes to a topic i picked from your website?

Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

Do you assist students with Assignment and Project Proposal?

Yes! Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

What if i do not have any project topic idea at all?

Smiles! We've Got You Covered. Chat with us on WhatsApp Now to Get Instant Help: +234 813 292 6373

How can i trust this site?

We are well aware of fraudulent activities that have been happening on the internet. It is regrettable, but hopefully declining. However, we wish to reinstate to our esteemed clients that we are genuine and duly registered with the Corporate Affairs Commission as "PRIMEDGE TECHNOLOGY". This site runs on Secure Sockets Layer (SSL), therefore all transactions on this site are HIGHLY secure and safe!