ABSTRACT
This research work is design to achieve a specific purpose on the role played by Auditors in protection of public funds in the government establishments, ministries or government parastatals.
The research goes into providing a systematic financial accountability that will promote proper stewardship of asset, deter wastes, dishonesty and promote effeteness of reasonable cost.
However, the literature review helps to ascertain other writes view concerning the subject of the study which explains how government establishment is so organized in such a way that fraud could be detected easily and on time just because particular audits are assigned to particular personnel. The data used for this work was collected from primary and secondary source. Questionnaire were also used (200 in number) 120 were retained on filled while 20 missed on transit and total used was 60 in number. Against the background, invaluable and reliable discoverers were made.
Finally the research recommends that the legislative are of government should make it mandatory for the accountant general to submit financial statement of government account to audit department for audit work within 6(six month of auditors to be given power to execute or enforce its finding after its work has been review by the public account committee (P.Ac).
INTRODUCTION
BACKGROUND OF THE STUDY
For a long time now Nigeria have been witnessing a down turn in her development efforts. This primary cause of this down has been linked with the in or deinate ambition of the average Nigeria to get rich quick at the expense of less piviltedge ones. Those who a seen them selves as being opportunity to control government establishment use the opportunity to perpetrate fraud or misappropriate public funds and properties.
Our law makers have seen the need for acceptable accountability by making a provision for the federal and stated government to report on the account of stewardship rendered by these public officers.
Section 126 (1) the constitution of the federal republic of Nigeria 199. States that there shall be an audit general for each state who shall be appointed in accordance with the provision of section 126 of the constitution”.
Section (2) says that the public account of a state and of all offices and courts of the state shall be audited by the auditor general for the state”.
This study focused attention how well or otherwise the government audit department conduct it activities in response to section 125 of 1999 constitution of the federal republic of Nigeria.
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