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Problems And Prospects Of Auditing In Government Organization
[A CASE STUDY OF FEDERAL MORTGAGE BANK ENUGU STATE]
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1.3 Purpose of the Study
The purpose of studying this topic is to examine the importance, problems and prospects of auditing in government institution.
 To ascertain the problems encountered while auditing in government establishment.
 To know if auditors exhibit enough professional competence in conduct of their work.
 To know how effective auditing is in government establishment
1.4 Research Questions
This research work seeks to ask the following questions among others, deduced from the purpose of the study.
 Are auditors being threatened or intimidated during their audit work.
 Are auditors being faced with some problems during their audit work.
 Are vital documents needed for the audit of the organization being held from the auditors
1.5 Research Hypothesis
Based on the purpose, and research questions the following hypothesis are put forward.
Ho Financial reports submitted are not in consonance with the transactions carried out by the government establishment
HI Financial report submitted are in consonance with the transactions carried out by the government establishment.
Ho Treats and intimidation do not positively affect the quality of auditors work in government establishment.
HI Treat and intimidation positively affect the quality of auditors work in government establishment.
Ho Poor professional conducts by auditors do not affect the quality of work done by auditor in government establishment.
HI Poor Professional conduct by auditors affects the quality of work done by auditors in government establishments.
1.6 Significance of the study
Where
audit principles and procedures are carried out in government
organizations the following benefits are derived of which these work
will be beneficial to the following people and establishments:
 Government good audit work will prevent, expose fraud, errors and irregularities in government establishment.
 Auditors: will benefit by knowing the challenges facing them in their audit work and thereafter the prospects.
 Banks; will also benefit because it will give them insight on how to handle audit work successfully.
 Students and researchers will benefit by gaining knowledge on the audit challenges to banks and the prospects.
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ABSRACT - [ Total Page(s): 1 ]ABSTRACTThe topic of this research is problems and prospects of auditing in government organization, the population of the study was 82 while the research used yaro Yamani formula in the determination of the sample size which was 68.The researcher used both the primary and the secondary sources in obtaining the relevant data used in the course of the study. The primary data was collected using the questionnaire while that of the secondary data was obtained using written textbooks, journals, maga ... Continue reading---
