Impact Of External Auditing On Small-Scale Business Organizations (Case Study Of Pine Wood Hotel, Owerri)
ABSTRACT
Small-scale business has been the driving force of the
economy of most developed countries of the world as it has contributed to the
increase in their ( DP. ,Fvcii developing arc bcing sustained by small-scale
business. This buttresses the importance of small scale business to the
economy. Despite its importance, many small-scale businesses failed not long
after its establishment. The major reason for the failure has been discovered
to be the absence of external audit lug in most small-scale business. The
reason for this absence was traced to ignorance of the business owner, fear of
audit, exorbitant audit fees, and insufficient account records among others.
The research stu(ly was focused on the effect of external auditing on
small-scale business. Literature relevant IC) the study was revealed to give
the study a l)ackgrotlnd. Chi-Square and (lescriptive statistical tools were used
to analyze the hypotheses. At the end it was discovered that lack of external
auditing has an effect on small-scale business as it will make the account
presented by the small-scale business owner to lack trust. The findings of this
research will be of great usc to the government, professional accountants and
especially small-scale business owners as it will enlighten them on the need
for the auditing of their accounts to give credibility.
0.0
AMOGU, O (2021). Impact Of External Auditing On Small-Scale Business Organizations (Case Study Of Pine Wood Hotel, Owerri). Repository.mouau.edu.ng: Retrieved Nov 25, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-external-auditing-on-small-scale-business-organizations-case-study-of-pine-wood-hotel-owerri-7-2
ORIE, AMOGU. "Impact Of External Auditing On Small-Scale Business Organizations (Case Study Of Pine Wood Hotel, Owerri)" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 14 Oct. 2021, https://repository.mouau.edu.ng/work/view/impact-of-external-auditing-on-small-scale-business-organizations-case-study-of-pine-wood-hotel-owerri-7-2. Accessed 25 Nov. 2024.
ORIE, AMOGU. "Impact Of External Auditing On Small-Scale Business Organizations (Case Study Of Pine Wood Hotel, Owerri)". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 14 Oct. 2021. Web. 25 Nov. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-external-auditing-on-small-scale-business-organizations-case-study-of-pine-wood-hotel-owerri-7-2 >.
ORIE, AMOGU. "Impact Of External Auditing On Small-Scale Business Organizations (Case Study Of Pine Wood Hotel, Owerri)" Repository.mouau.edu.ng (2021). Accessed 25 Nov. 2024. https://repository.mouau.edu.ng/work/view/impact-of-external-auditing-on-small-scale-business-organizations-case-study-of-pine-wood-hotel-owerri-7-2