Internal audit as a means of preventing fraud and irregularities in government hospitals Department: Accountancy By: Sulexy07 Project ID: 5355 Rating: (3.2) votes: 11Rate this project12345 Price:₦3000 Get the Complete MaterialAbstractIt is relevant to say that for any organization to achieve its objective there is the need for an effective control mechanism. Internal auditing system exists in order to give an organization a sense of direction and pave way for its growth. This study, therefore, seeks to find out whether there is a means of preventing fraud and irregularities in government hospitals with special reference to Federal Medical Centre Katsina. The primary data gathered in this research work was through the administration of questionnaires, while the documentary was used to gather secondary data. The study revealed among others that, the need for an internal auditing system in any organization is very essential but the outcome or result of any good internal auditing system is limited to the provision of adequate financial information and capable manpower to handle the system effectively. It is concluded that in any organization, the importance of internal control, as a system, cannot be over-emphasized since it serves the internal and external auditors not only in their audit work or programme but also safeguards assets and documents. The researcher recommends regular orientation should be encouraged to attain higher professional qualifications. ...Preview Download Preview +Other Accountancy project topics and materials you might be interested in»The Impact of Accounting Ratio in Decision Making ( A Case Study of Nigeria Breweries Plc Enugu) »The impact of budget and budgetary control in tertiary institutions ( A Case study of imo state university )»Internal control as a tool for improving profitability»The role of financial institutions in the development of Nigeria economy»Impact of computerization of accounting system of commercial banks ( A case study of union bank plc )»The Impact of product development on banks performance ( A Case study of first bank plc )»Role of good accounting system in the management of private enterprise in Nigeria ( A Case Study of Nwaogo pam paper mills limited )»Effects of standard costing on the profitability of manufacturing companies (a case study of nigerian breweries plc, Ama, Udi local government of Enugu state) »The role of accounting system in measuring organizational performance of transport company ( A Case study of ABC Transport )»Auditing in Nigeria companies, problems and prospects»The effects of computerized accounting system on the performance of banking industry in Nigeria»Effective internal control as an aid to management efficiency ( Case Study of Nigeria Bottling Company Owerri )»Effect of misrepresentation of information in a financial statement»The impact of development finance institutions (DFIS) in economic development of Nigeria»An appraisal of fraud prevention measures in Nigerian banking sector ( Case study of access bank plc owerri )