Management Audit As A Tool Of Achieving Organisational Objectives

(A Case Study Of Eastern Nigeria Plastics)

5 Chapters
|
108 Pages
|
9,993 Words

In management audit they attempted to aid the management of the organization by providing it with information and analysis useful in the process of control.
Management audit can also be significant in financial accounting area.
For many year now, stockholders, potential investors and other interested parties have been concerned with the annual reports of major co-operations and the attached letter from the president of the corporation.
Accountants have been attempting to deal with this problem for some years now and many proposals have been presented to which management audit is the one that I think that has the greatest potential for the future. For both internal and external reporting purposes.
Who are capable for appraising performance both for accounting data and management analysis. If this appraisal were made and an opinion rendered, the management audit would be of significant benefit to internal and external parties alike.
The purpose of the audit is being the attestation of management’s representations of an independent examiner. By attestation I refer tot he reliability of management statements regarding its own decisions as proven by an independent third party.
The auditor’s financial statement examines the performance of the company accountable tot he stockholders for its decision.
Also management audit is a way of evaluating the performance of management in regard tot he decisions made, the efficiency of its operating and the attainment of corporate goals.
To this date, there has been little empirical research to determine the potential value of the management audit to users of the willingness of management audit process.
However, the management audit concepts it carefully designed could prove to be a most important development in the management appraisal field. With a view to improving management efficiency.
This research is intended to investigate the extend to which management auditing is applied by organization in Nigeria.
For example it is utilized by organisation as a tool of improving management efficiency made.
This research involves, library work, periodicals and consulted published professional journals.

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This research work is conducted as part of the requirement for the award of a Higher National Diploma (HND) in financial studies (Accounting).
It highlights the authors effort in finding out the ways which management audit is used as a tool of achieving organizational objectives in our everyday organizations.
The entire work is divided into five chapters, chapter one is an introductory analysis of the topic, then the background of the study, significance, scope and limitation, the purpose and hypothesis.
The second chapter i.e. chapter two dealt with the Literature Review and Theoretical Consideration.
Here related past works were reviews and the theoretical consideration on the present study was also brought into focus.
As well as scope and nature of management audit and the result of auditing management.
Then, chapter three contains an explanation of how and where the needed information for the study was obtained and how the sample size was determined and the limitations encountered in the course of conducting the research. It also contains the method of investigation.
Chapter four dealt with the presentation and analysis of data collected during the field survey, after which the postulated hypothesis were tested.
Lastly, chapter five makes up the summary, conclusion and
recommendations.

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Title page i
Approval ii
Dedication iii
Acknowledgement iv
Abstract v

CHAPTER ONE
1.0 Introduction
1.1 Background of the study
1.2 Significance of the study
1.3 Scope and Limitation of the study
1.4 Purpose of study
1.5 hypothesis
1.6 Definition of Terms
1.7 Reference

CHAPTER TWO
2.0 Review of Related Literature
2.1 Definitions
2.2 Scope of Management Audit
2.3 Audit personnel
2.4 Purpose of Management
2.5 When to Audit Management
2.6 Issues in the management audit
2.7 Procedures/Techniques of management audit
2.8 Problems of management audit
2.9 Reference

CHAPTER THREE
1.0 Research Design and Methodology
1.1 Sources of Data
1.2 Interview Question
1.3 Method of Investigation
1.4 Determination of Sample size
1.5 reference

CHAPTER FOUR
4.0 Data Analysis
4.1 Test of Hypothesis
4.2 Reference

CHAPTER FIVE
5.0 Summary, Conclusion and Recommendation
5.1 Summary
5.2 Recommendation
5.3 Conclusion
Bibliography
Appendix

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