Role Of Internal Auditors In Fraud Detection, Prevention And Control In Public Sector, Institutions (A Case Study Of Selected Ministries In Abia State Nigeria)

ABSTRACT

This research is con fined to the roles of intertidal auditors with regards to fixated detection, prevention arid control in public sector institution whom arc regarded as control experts whiter exists mainly to carry out a validation check and risk management. Internal auditing is a profession all activity involved in advising organizations regarding how to better achieve the objectives through proper risk management. improving the internal control system amid recommending solutions. 3 '(he concept of internal its inception to (late is subject to amendments and as such its Scope has broadened From financial issue to include value for money, risk evaluation," managerial effectiveness and governance processes. In 1 978, the  institute of internal auditors defined it as an independent appraisal activity established within an organization as t service to the organization. Ii is a control which functions by a rid evaluating the adequacy and effectiveness of oilier controls 1-listorically, internal auditing was perceived as being confined to nerd ensuring that accounting and underlying records of an organization transactions were properly maintained, that the asset management system was in place in order to safeguard the assets and also to ensure that policies and a procedures were rightly in place and were duly complying  the changing trends,