Effect Of Internal Audit Activities On Performance Of Banks In Nigeria (A Study Of Union Bank Plc Aba, Abia State)

ABSTRACT

This study is to examine the effect of internal audit activities on the performance of banks in Nigeria. The specific objectives are; to investigate the impact of audit meetings on fraud detection in banks, to examine the impact of audit standards onfraud prevention and control in banks, to determine the impact of audit competency on accountability of banks. To achieve the objectives of the study survey research design was adopted. To test the hypotheses, simple regression analysis was  used.  The findings revealed  that  audit  meetings significantly influencefraud detection in banks. Thefindings also revealed that there is a significant impact of audit standard on fraud prevention and control in banks. The study recommends that auditors should endeavor to be independence in the course of discharging their duties, they should not compromise when carry out audit work. That would affect the performance of banks in Nigeria. The study also recommends that auditors should ensure that they meet the necessary qualification as an auditor beforeembarking in an audit work that would enable them to be more reputable in their audit work.

TABLE  OF CONTENTS

Title page 

Declaration 

Certification 

Dedication 

Acknowledgements 

Table of contents

 Abstract

CHAPTER   ONE:  INTRODUCTION

1.1  Background  to the study

1.2   Statement of the Problem

1.3   Objectives  of the Study

1.4  Research Questions

1.5 Research  Hypotheses

1.6   Significance  of the Study

1.   7 Scope of the study ﾿

1.8 Limitations  of the study ﾿ 6

1.9   Definition  of Terms ﾿

CHAPTER   TWO:  REVIEW

2.1   Conceptual Framework ﾿ OF RELATED ﾿ LITERATURE ﾿

2.1.1   Determinants  of Internal ﾿ Audit ﾿ 10

2.2 Theoretical  Framework ﾿ 14

2.3  Empirical   Review ﾿ 20

2.4 Gap in Literature ﾿

CHAPTERTHREE:METHODOLOGY 

CHAPTER  FOUR: DATA  PRESENTATION,   ANALYSIS   AND DISCUSSION   ON FINDINGS

4.1   Data  Presentation                                                                                                           29

4.2   Data  Analysis   on Hypothesis   one                                                                           29

4.3 Discussion    on Findings                                                                                              37

CHAPTER  FIVE:  SUMMARY OF FINDINGS,  CONCLUSION  AND RECOMMENDATIONS

5.1    Summary   of Findings                                                                                                   39

5 .2 Conclusion                                                                                                                                  39

5.3  Recommendation                                                                                                    ..H)

REFERENCES