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The Challenges Of Internal Audit Function In The Nigerian Public Sector
[A study of Kaduna state ministry of finance]
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1.2 STATEMENT OF THE PROBLEM
Many business organizations are rapidly
assuming complexity resulting to remarkable reliance to internal audit
and management as a wider range area of control.
In spite of the
existence of internal audit departments in organizations, it is often
argued that the rate of fraud and misdeeds is still on the increase,
particularly in the public sector. Some people argues that the internal
auditors are creating more problems than they are solving, others see it
as tools for witch-hunting and therefore sees them as unnecessary evil.
The internal control system in Nigeria public sector may be insufficient based on some predicaments.

Lack of proper segregation and proper assignment of duties as well as
shortage of qualified staff to carry out internal audit and accounting
duties.
 Lack of implementation of routing audit report by appropriate authorities.
 Inadequacy of internal control system leading to improper investigation.
The
above reasons greatly affect the effectiveness of internal audit in the
public sector. This gives the researcher the impetus for undertaking a
study on this study with a view coming up with solution of those
challenges.
1.3 OBJECTIVES OF THE STUDY
The objective of this
research is to outline the specific task to be set out towards achieving
the purpose of a research problem. However, appears to be inhibiting
the proper discharge of the role of internal auditing in the Nigerian
public sector due to the necessity for public Accountability. Many
people do not know why internal audit department should exist and it
should be part of internal control in public organization.
The research project is expected to achieve the following objectives:

To ascertain the lack of proper segregation and proper assignment of
duties as well as shortages of staffs to carry out audit duties.
 To ascertain reasons for improper implementation of routine audit report by appropriate authorities.
 To evaluate the internal control system in the Nigerian public sector.
1.4 RESEARCH QUESTIONS
The following are the various research questions. They are as follows:
1. Are there challenges of internal audit function in the Nigerian public sector?
2. Are the impacts of Nigerian public sectors on the internal audit function?
3. Can public organization do with an internal audit function?
1.5 RESEARCH HYPOTHESES
The following hypotheses were found relevant to the above stated problems and objectives, and thus tested in this study.
Hypothesis i:
HO:
The inadequacy of the internal control system in Kaduna state ministry
of finances not the motive for the trials of the internal audit.
HI:
The inadequacy of the internal control system in Kaduna state ministry
of finance is the motive for the trials of the internal audit.
Hypothesis ii:
HO:
The lack of proper segregation and assignment of duties as well as
shortages of staff to carry out audit duties does not influence the
effectiveness of the internal audit.
HI: The lack of proper
segregation and assignment of duties as well as shortages of staff to
carry out audit duties influences the effectiveness of the internal
audit.
Hypothesis iii:
HO: The lack no of implementation of routine audit report by appropriate authorities.
HI: There is lack of implementation of routine audit report by appropriate authorities.
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ABSRACT - [ Total Page(s): 1 ]ABSTRACTThis research work deals with the challenges of internal audit function in the Nigerian public sector with reference to Kaduna state ministry of finance. Internal auditing is a process generally adopted towards ensuring and safeguarding of resources and promoting operational efficiency in organization. The objective of this study has been to evaluate the internal control system in the Nigerian public sectors, to ascertain the non- implementation of routine audit report and the lack of pr ... Continue reading---
