AUDITING AS AN AID TO ACCOUNTABILITY IN THE PUBLIC SECTOR ( A CASE STUDY OF NNPC DEPOT ENUGU)

ABSTRACT

The increasing rate of  fraud and misappropriation of public fund and property by the public servants poses a question as to whether auditing plays any significant role towards ensuring proper accountability in the public service. The focus of the research is to evaluate the extent to which the researcher is to evaluate the extent to which auditing checks or controls embezzlement and misappropriation of public fund in the public service. Also discussed is the problem him during rendering efficient performance of the audit departments. A general review of what auditing and accountability are all about was date. Data were be collected for the project through oral interviews, questionnaire and related literature, the outcome of the research proved that auditing actually aids accountability in the public services and from the findings, the researcher recommends the establishment of panel on implementations of the audit report  and the employment of qualified  (professional) accountants unto the public services. There has been an outcry of poor accountability in the public sector of Nigeria with more emphasis, on NNPC. The researcher will be able to known that company’s fund and property are distorted to personal use.  Another problem is the identification of the reason for this ugly situation and despite the fact that the accounts of these public organizations are said to be auditor. There’s still an increased in fraud and misappropriation of fund and properly. The objectives of the  this work is to known the role of audit as all aid to accountability in the public sector with references to NNPC. The problem facing auditors which hinder their performance sin NNPC.  

TABLE OF CONTENTS 

 Title page 

Abstract 

Table of contents 

Introduction 

CHAPTER TWO 

2.1 Review of related literature 

2.2 The public sector, NNPC and the service 

2.3 NNPC accounting procedures 

2.4 meaning of internal audit

2.5 meaning of internal control 

2.6 The role of internal audit department 

2.7 Internal and external auditors and their duties 

2.8 audit training programmers 

References 

CHAPTER THREE 

Researcher design and methodology 

3.1 Research design

3.2 Description of respondents

3.3 Sources of data

3.4 Methods of data collection

3.5 Population of the study

3.6 Sample size

3.7 Distribution of questionnaire 

3.8 Validity and reliability of instrument

3.9 Methods of data analysis

Reference

CHAPTER FOUR

Presentation, analysis and interpretation of data

4.1 Introduction

4.2 Presentations

4.3 Analysis of data

4.4 Test of hypothesis

CHAPTER FIVE

Summary of findings, conclusion and recommendation

5.1 Summary of findings

5.2 Conclusion

5.3 Recommendations

Bibliography

Appendices