Research Paper
Year: 2021 | Month: January | Volume: 8 | Issue: 1 | Pages: 48-58
Effect of Internal Audit on Expenditure Control in Mubi North Local Government Area
Babbuli Ibrahim Mohammed
Dept of Banking and Finance Adamawa State University Mubi, Nigeria
ABSTRACT
This study examines the effect of internal audit on expenditure control in Mubi North Local Government Area. This study employed the survey research design. From the population of the study 50 staffs were selected as a sample for this study. The instrument used for collecting data from the respondents is the questionnaire. The data gathered from the respondents was analyzed using simple percentage statistics and hypothesis was tested using chi-square. The finding shows internal audit in Mubi North LGA is very ineffective. This is because internal audit is not carry out effectively, internal audit has significant effect on expenditure control and among the factors militating affecting the effectiveness of internal audit in Mubi North LGA, low quality of staff is the most importance factor. The study therefore, recommends that there is need for top management of LGA to give high priority to internal audit, by putting in place strategies that will lead to effective practice of internal audit among the staff of the LGA which in turn will lead to effective expenditure control.
Keywords: Audit, control, effect, expenditure & internal.
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