ABSTRACT




The purpose of internal audit is to ensure that the account on which the auditor is reportedly close a true an fair view of the transaction summarized within period under examination. To ensure competence and effectiveness in any organization, public or private, auditing is very important. The major covered in the exercise or auditing include examination of internal control system of book keeping and accounting to ensure whether they are appropriate for the nature of the business or activities being carried out by the client and whether all the transactions have been properly recorded under the system.
However, the existence of any internal audit function can have a great impact on the effectiveness and efficient of the organization. Internal audit is an element control system set up by management of public sector. It is an independent appraisal set up basically examine evaluate record and reports of accounting and other controls in operation. Internal audit here is one who is employed by the management of an organization sector who may not attain minimum academic or professional qualification and he is not a member of a recognized professional body e.g. ANAN/ICAN.


TABLE OF CONTENTS
Title page    .    .    .    .    .    .    .    .    i
Approval page    .    .    .    .    .    .    .    ii
Dedication  &