AUDITING AS AN AID TO ACCOUNTABILITY

(A CASE STUDY OF ENUGU STATE POST PRIMARY SCHOOL MANAGEMENT BOARD (PPMB))

By

ODO WILLIAM CHUKWUMA AC/H2002/364

Presented To

Department of Accountancy

    An economy moves as efficiently on inefficiently as the people who manage its affairs. Business cannot thrive if we do not have an adequate number of men with their requisite knowledge, skill and competence.
    It is in recognition of these fact that an effort is made in this research work to show the impact of Auditing in public sector.
      For the sake of clarity a and orderly presentation of relevant materials, the body of this work is divided into five chapters.
    Chapter one is the introduction which considers among other things, the Auditing curiosity about Auditing. Historical background of the study, statement of problem, objectives of the study, research questions and hypothesis, significances of the study, limitations and delimitations and equally definition of some technical terms.
    The second chapter discussed the review of related literature  which comprises different opinions from different authors. Auditing and accountability declined, origin and development of audit, public and short note of public accountability, government accounting procedures the role of internal audit unit, statutory positions, power and functions of auditor general and audit report.
    The third chapter dealt with the methodology and design of the study that is made up of research design data analysis, test applied (personnal interview and questionnaires). oral interview, sampling procedures or methods, data collection (primary and secondary data) and questionnaire applied.
    Chapter four x-rays the data analysis and presentation which includes analysis and interpretation of data from responses of the respondents.
    The final chapter presents the findings, recommendation and conclusion. The samples of questionnaires and bibliography are under the appendix of the write-up at the back page. Also in the bank page is the application letter to the Enugu State Audit Department.
    The structural arrangement was made to accommodate the size and complexity for audit work, which increases enormously with a corresponding effect on the operation of public offices.
    These complexities resulted to the inadequate examination and verifications of the books and records in such a way as to uphold a true and fair view of transactions. This however leads to misappropriations and embezzlement of public funds. Sometimes even, defalcation occur. All these occur because there wasn’t effective control of book of accounts and the assets to the business.
    In short, all these factors motivated the researcher to try into facts of and rudiment of auditing and explores the impact of auditing and the use of auditing as means of avoiding these anomalies. So auditing should be carried out in all public organisation if actually the yield by these organisation would be satisfactory.
Odo William C.           
 

TABLE OF CONTENTS
Title Page                                 II
Approval page                             III
Dedication                                 IV
Acknowledgement                         V
Abstract                                 VII
Table of contents                            X
        
CHAPTER ONE
     Introduction
1.1    Historical background of the study             6
1.2    Statement of problem                     7
1.3    Objectives of the study                     10
1.4    Research questions                     11
1.5    Research hypothesis                     13
1.6    Significance of the study                     14
1.7    Scope, limitation and delimitations             17
1.8    Definition of some technical terms             18

CHAPTER TWO
    Review of related literature      
2.1    Auditing and accountability defined             22
2.2    Historical origin and development of auditing     34
2.3    The meaning of public and civil service         40
2.4    Short note on public accountability             41
2.5    Government accounting procedures             43
2.6    The rate of internal audit department in public service50
2.7    Statutory position, power and functions of he auditor general 54
2.8    Audit report                         59        

CHAPTER THREE
    Research design and methodology
3.1    Introduction                         64
3.2    The research questions and hypothesis         64
3.3    Research design                         66
3.4    Data analysis techniques                     70
3.5    Sample population                     71
3.6    Sample test applied                     72
3.7    Pilot study                             74
3.8    Questionnaire applied                     74
3.9    Limitations of the methodology             76

CHAPTER FOUR
    Presentation, analysis and interpretation of data
4.1    Introduction                         78
4.2    Presentation of data                     79

CHAPTER FIVE
    Findings, recommendation and conclusion
5.1    Summary of research findings                 84
5.2    General examination of the problems of the auditors in the performance of their duties                 86
5.3    Conclusion                             90
5.4    Recommendations                         91
Appendix 1                             98
Appendix 2                             99
BIBLIOGRAPHY                         102