Home»Accountancy» The roles of an independent auditor in financial institution (case of United Bank for Africa plc, Lokoja branch)

The roles of an independent auditor in financial institution (case of United Bank for Africa plc, Lokoja branch)

 Department: Accountancy  
 By: usericon HighbridConnect  

 Project ID: 7034
   Rating:  (5.0) votes: 1
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The main aim of the project is to evaluate the role of an independent auditor in a financial institution, using United Bank for Africa (UBA) as the case study. This research work is an attempt to clear the general belief of the people about the actual roles of an auditor which has been misunderstood or misinterpreted. It has been observed that the main problems independent auditors face in performing and observing their duties effectively is, that most of the clients (company) lack skilled personnel to handle the pre-requisite requirement in internal control. Recommendation has been made to eliminate these challenges which is an auditing control system put in place to ensure efficient operation should be allowed without management interruption. Auditors should do more to educate people about their role for better understanding....
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