EQUIPMENT LEASING AS A SOURCE OF FINANCE, PRACTICE, PROBLEMS AND PROSPECTS

By

UDUMA LILIAN .A.

Presented To

Department of Accountancy

ABSTRACT

According to (Chris C. Nwabueze) Auditors plan a vital role in controlling government founds. This goes a long way to give government parastatals guide and aid to achieve its goods and objectives. Auditors from the time of investigates in the book of government to ascertain whether the financial statement of the organization present fairly and accurately its sate of affairs in the opinion of the auditors.

Secondly, to ensure a effective internal control system. Thirdly to ensure compliance with relevant statement laws setting up the organization.

Fourthly, to ensure that the financial statement is based on the organization's records. Fifthly, to detect fraud and other irregularities that most government workers engulf themselves in after must more investigation by the auditors, the auditor may have to report in a particular formal as laid down by the civil service that the amount spent are in the lue with the amount budgeted for any period.

TABLE OF CONTENTS

Title page

Approval page

Dedication

Acknowledgement

Abstract

CHAPTER ONE

INTRODUCTION

1.1 Objectives of the Study

1.2 Significance of the Study

1.3 Scope of the Study

1.4 Limitation of the Study

1.5 Definition of Term

CHAPTER TWO

2.1 Origin of Auditing

2.2 Auditing in Nigeria

2.3 Auditing Defined

2.4 Classification of Audit

CHAPTER THREE

SUMMARY OF FINDING, CONCLUSION, RECOMMENDATION

3.1 Finding

3.2 Conclusion

3.3 Recommendation

Bibliography