An Evaluation Of The Role Of Internal Audit In Organisational Performance Case Study Of National Water And Sewerage Co-Operation

ABSTRACT

National Water and Sewerage Corporation like many Organisations has

experienced a rapid growth in size and this has called for the re-shaping of the

concept; scope and application of modern companies auditing operations.

The internal audit function reviews the control processes designed by management

to ensure the reliability and integrity of information, compliance with policies and

regulations safe guarding of assets economical and effecting use of resources.

The research work was to evaluate the role of internal audit in strengthening

internal control systems in an organisation, and eradicate the role played by

internal audit in decision-making process and examine the relationships between

internal auditing standards; and directors in relation to the organisation's

performance.

The study was conducted in National Water and Sewerage Cooperation Entebbe

Branch.

Data was collected and summarized and the following were the findings:

ln NWSC, only top Managers are involved in decision-making processes as such,

internal auditors are also consultants. Financial reports were made properly by the

internal auditors and certified by the Auditor general, as recommended by section

15 of the public enterprises reform and divestiture statue 1993.

In line with the findings, the following recommendations were proposed:

MBO. The technique is a way of setting goals and objectives as well as making

decision including every one in the organisation and follow-up procedures in case

where management fail to act up recommendations given to it by the internal

audit. Also follow up procedures where internal audit should remind management,

then as for an explanation for not taking action.