INSPECTION AS AN EFFECTIVE BANK MANAGEMENT

(A CASE STUDY OF UNITED BANK FOR AFRICAN PLC ENUGU BRANCH ENUGU STATE)

By

UCHENDU CUKWUMA. P

Presented To

Department of Accountancy

ABSTRACT

This research studied the contribution effort of inspectorate department as an effective measure to bank for Africa, Plc Enugu.

To guide the study, four research question were formulated using questionnaire as an instrument. The data collected are analyzed using simple percentages.

Some of the funding among other is:

• Internal audit (inspectorate) department enhances effective management control in baking sector
• The inspectorate department gives financial accountability in banking sector
• They are to play an important function effective utilization of organizational fund by management
• The availability of inspectorate department encourages efficiency among employee in banking sector
• The availability of inspectorate department discourages fraud in the banking management
• The existing statutory and other relevant regulation lay adequate consideration to the inspectorate function

Based on the finding, the following and recommendation among others

•  The management should add conscious policy of in the staff selection into the inspectorate department
• Useful information network is necessary within the segment of the banking to enable the management and employee appreciate the action of inspectorate
•  Creation of the inspectorate department in the bank for effective management
• Training and constant work up / seminar for the efficiency of inspector at report and recommendations
• Ensuring that the unit is headed and controlled by qualified and professional inspectorate
• Full control and independence of inspectorate department
• In the present dynamic economy of Nigeria, a bank cannot retrieve without the an inspectorate concern
• I advice that all the bank in Nigeria should create inspectorate department for effective and efficient management.

TABLE OF CONTENT

Title page

Approval page

Dedication

Acknowledgement

Table of content

List of tables

Abstract

CHAPTER ONE

Introduction

1.1 Background of study

1.2 Statement of problem

1.3 Purpose of study

1.4 Scope of the study

1.5 Research question / hypothesis

1.6 Significance of the study

CHAPTER TWO

2.1 Literature review and purpose of inspection

2.2 Organization of the inspectorate department

2.3 Method and technique

2.4 Authorization, recording and custody procedure

2.5 Review and report

2.6 Summary of the related review

CHAPTER THREE

3.1 Summary of findings

3.2 Conclusion

3.3 Recommendation / suggestion

3.4 Suggestion for further studies

References