ABSTRACT
This research study attempts to evaluate management audit and its effects on organization’s efficiency. The aim of the study is to ascertain and to find out whether management audit helps in achieving organizational efficiency. Secondly, it is to know how relevant management audit effects organization performance. Lastly, if management audit enhance to a greater. Extent in the organizational effectiveness and efficiency. Questionnaire were administered to various staff of the companies and some top officials of the selected companies were interviewed The researcher collected data through primary and secondary sources, which were presented in tables and using sample percentage for data analysis. Chi-square (X2) tables and percentages were used in that analysis for the text and expected frequency. The results showed that major problems encounted were weakness and inefficiencies in the companies. Sequel to these findings (i) Manufacturing companies do conduct management audit, (ii) Organizational have computerized information system. Recommendations were made such as, there should be sufficient management interest and involvement in staff development and welfare. Federal law should be prominent in making it mandatory for every organization to have management audit which will be attached to the annual report accounts. Conclusion, the study reveals that unsound management audit affects the effectiveness and efficiency of the management.
TABLE OF CONTENTS
Title Pagei
Approval Pageii
Dedicationiii
Acknowledgementiv
Table of Contentsvi
Abstractix
CHAPTER ONE
1.0.Introduction1
1.1.Background of the Study 1
1.2.A Brief Profile of the three Selected Companies 2
1.3.Statement of the Problem5
1.4.Purpose of the study5
1.5.Research Questions6
1.6.Hypothesis of the Study6
1.7.Scope and Limitation of the Study7
1.8.Significance of the Study8
1.9.Definition of Terms8
CHAPTER TWO
REVIEW OF RELATED LITERATURES
2.1.The conceptual framework10
2.2.The Need for Management11
2.3.Management Control Review14
2.4.Who Conducts Management Audit16
2.5.Management audit in a non-profit organization 17
2.6.Management System and Review18
2.7.Objectives of Management 18
2.8.Management Audit Programme19
2.9.Effects of Management Audit on Organization Efficiency20
2.10.Analysis of the Planning and Control Process22
2.11.Conclusion 23
CHAPTER THREE
RESEARCH METHODOLOGY
3.1.Research Design 24
3.2.Area of Study24
3.3.Population and Sample Size of the Study24
3.4.Sample and Sampling Techniques25
3.5.Method of Data Collection25
3.6.Method of Data Analysis25
CHAPTER FOUR
PRESENTATION AND ANALYSIS OF DATA
4.1.The Questionnaire28
4.2.Testing of Hypothesis36
4.3.Discussion of Findings43
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATION
5.1.Limitation of the Study46
5.2.Conclusion46
5.3.Recommendations47
5.4.Suggestion for Further Study47
References 50
Appendix A51
Appendix B52