Presented To

Department of Accountancy


Title page

Approval page



Table of content



1.1 Background of study

1.2 Definition of terms

1.3 Distinction between accountability and auditing

1.4 Statement of the problem

1.5 Significance of the study

1.6 Scope and limitation of study


Literature review

2.1 Benefits of auditing to the ministry of finance Enugu state

2.2 Audit processes and techniques

2.3 Conduct of audit and handling of discrepancies


Finding summary

3.1 Conclusion

3.2 Recommendation

3.3 Summary





In the past, when audit or auditing is not well known, many account used the opportunity to look public companies because there was no one to examine and give evidence to what they have done, but this has changed since everybody has know known the importance of audit department.

So this chapter examines the regulatory framework for enforcing accountability in the ministry of fiancé Enugu state and Infact in the entire civil service.

In finance management, this is to account that is to furnish a reckoning (to someone) of none received and paid out and audit is seen as an exercise which is carried out in order to lend credence to statement prepared by directors of the company (who are not the owners) for use by the owners of business (shareholders), the creditors, the employees, the government, etc.

What accountability does is to provide answers related to stewardship. What why whom, whose, which and how.

v What is to be accounted for

v Whom is to account for it

v To whom should the account be submitted

v Does responsibility go with commensurate authority

v Why should accounts be rendered?

These questions are necessary to satisfy a host of interest such as policy makers, public officers, social scientists, the general public audits, on the other hand attempt to state that the account (or accountability) is satisfactory.


Originally the work of professional accountants was confined largely to the checking of the arithmetical accuracy of the detailed records in books of account. The agreement of the trail balance, and the preparation of account I Infact, to what may be described as "accountancy work", but nowadays a very large part of a professional accountants work is that of auditing.

The difference between accountancy and auditing is not clearly understood by many business men, it being thought that if accounts are prepared by a professional accountant, be necessary guarantee their accuracy.

This however, is far from being the case it is necessary to draw a distance line of demarcation between accountancy thing complication of the accounts therefore and auditing which is the examination of the completed records and the subsequent submission of a report thereon.

If an accountant is instructed merely to prepare account from a set of books the work involved would be that of agreeing the tried balance, and thereafter preparing the profits and loss account and the balance sheet.

He would be acting simply as an expert accountant, and not in any way as an auditor. Auditor examine the balance sheet and profit it and loss account prepared by accountant as a result of his examination of the books, account, vouchers etc. and of his inquiries, the auditor must satisfy himself that such balance sheet and profit and loss account are properly drawn up so as to exhibit a true and fair view of the state of the affairs and of the earning of the particular concern.

The difference between accountancy and auditing was an important factor in the case of Apfel V Annan doctor and company.

Other difference include that accountant is employed by the management on a salaries basis, the auditor is responsible to the shareholders and engaged on a contract basis.

An audit is not conceded with writing up of any books of accounts or preparing profit and loss account and balance sheet or any other statement of account.

An audit begins only when the statement of account is ready and handed to the auditor.


Accountability is furnishing satisfactory reliable, verifiable and accessible records, reasons, and explanation for action of those having custody of power, human resources public money and other resources.

internal control 
problem arise in the application of normal auditing principles and procedures to the audit of companies employing a small number of administrative staff.

These problem derived from two main cause includes the following

v Substantial domination of the accounting and financial management function by one person

v Limitation on the effectiveness of internal control owing to the small number of employee etc.


The significance of this study is to achieve a great success in contributing the little I have in solving the problem that faces the audit department and accountability in the ministry of finance Enugu state and to find a means to tackle most of the inherent problem effectively.


Financial constraint

As a student there was not enough capital to spend in transport and fact finding and borrowing of necessary literature that would have helped in the writing of this research work.

Management constrain

The respondent, especially the branch manager did not co operate as was expected. Also the workers in the different department visited were as well reluctant in answering some of the question asked.

Learn and Obtain Diploma in Web development, Software development, Business, Technology and Creative Skills taught by industry experts. Explore a wide range of skills with our professional tutorials.

About E-Project Material Centre

E-Project Material Centre is a web service aimed at successfully assisting final year students with quality, well researched, reliable and ready made project work. Our materials are recent, complete (chapter 1 to Minimum of Chapter 5, with references) and well written.INSTANT ACCESS! INSTANT DOWNLOAD. Simply select your department, choose from our list of topics available and explore your data

Why Students Love to Use E-Project Material ?

Guaranteed Delivery Getting your project delivered on time is essential. You cannot afford to turn in your project past the deadline. That is why you must get your project online from a company that guarantees to meet your deadline. e-Project Topics Material Centre is happy to offer instant delivery of projects listed on our website. We can handle just about any deadline you send our way. Satisfaction Guaranteed We always do whatever is necessary to ensure every customer's satisfaction


E-Project Topics Material Centre will only provide projects as a reference for your research. The projects ordered and produced should be used as a guide or framework for your own project. The contents of the projects should be able to help you in generating new ideas and thoughts for your own project. It is the aim of e-Project Topics Centre to only provide guidance by which the projects should be pursued. We are neither encouraging any form of plagiarism nor are we advocating the use of the projects produced herein for cheating.

Terms and Condition

Using our service is LEGAL and IS NOT prohibited by any university/college policies You are allowed to use the original model papers you will receive in the following ways:
  • As a source for additional understanding of the subject
  • As a source for ideas for you own research (if properly referenced)
  • For PROPER paraphrasing ( see your university definition of plagiarism and acceptable paraphrase) Direct citing ( if referenced properly)
Thank you so much for your respect to the authors copyright