ABSTRACT

This study is an attempt to discover the need for an internal auditing in an organization for better performance. The research involved getting the opinion of accountants of three categories namely, Head of department of chief accountants, organization and practicing accounting in the federation. The researcher will make use of primary and secondary data. The methods of data collection would includes oral interview, observations and questionnaire scores standard deviation and normal curve would be use to investigate while percentage table and mean would be used in the analysis of response from respondents. It was generally discovered that the internal auditing should be encouraged in corporate organization to improve organizational performance restore probity, accountability and integrity in our national life. 

TABLE OF CONTENTS

Title i

Approval ii

Dedication iii

Acknowledgement iv

Abstract v

Table of contents vi

Chapter One - Introduction 

1.1 Background of the study 1

1.2 A Brief History of Union Bank of Nigeria plc 2

1.3 Statement of problem 3

1.4 Objective of the study 4

1.5 Significance of the study 5

1.6 Scope of the Study 6

1.7 Limitation of the Study 7

1.6 Definition of Terms 8

Chapter Two – Literature Review

2.1 Definition of Fraud 11

2.2 Type of Fraud 11

2.3 Auditors, His Rights, Duties and Status 12

2.4 Roles of Auditors 14

2.5 The Auditor and Fraud Detection 17

2.6 Indications of Fraud 18

2.7 The Auditing Guidelines Concerning Fraud Detection 19

2.8 Reporting to Members and Management 20

2.9 Liabilities of an Auditor 21

Chapter Three - Research methodology

3.1 Introduction 31

3.2 Research design 31

3.3 Sample Size 32

3.4 Sample Techniques 32

3.5 Research Instrument 32

3.6 Validation of Instrument 32

3.6 Reliability of the Instrument 32

3.7 Method of Data Collection 33

3.8 Questionnaire Design 33

Chapter Four - Data Analysis and Presentation 

4.0 Introduction 34

4.1 Data Presentation  34

Chapter Five - Summary Conclusion and Recommendations

5.1 Summary of the Study 36

5.2 Conclusion 37

5.3 Recommendation 39

5.4 Suggestions for Further Studies 39

Bibliography 41

Appendix 43

Questionnaire 44