Impact Of Internal Auditing On The Efficient Management Of Manufacturing Industry In Nigeria (A Study Of Nigerian Bottling Company) Enugu:-Umezuruike Chigozie E
ABSTRACT
This research examined the effect of internal
auditing on the efficient management of manufacturing industries in Nigeria: A
study of Nigeria bottling company Enugu. The specific objectives were to
identify the determinants of internal audit of, to assess the efficiency
indicators of the sampled company and to establish the relationship between
internal audit and efficient management of Bottling Company Enugu. The study
used survey research approach such as percentages and frequencies as well as
various instruments of data collection. The results showed that the efficiency
indicators of internal audit are financial efficiency as evidenced with 25.39%,
efficiency of operations with 53.97%, accountability with 17.46 % and goals attained
with 3.17% of respondents. Findings showed that there is indeed a strong
positive relationship between internal audit and efficient management at a
Pearson correlation coefficient ofr = 0. 732 and p = 0.01. Since r > 0.1,
this implies that internal audit affects efficiency by 73.2% and 27.8% by other
factors. From the discussion of findings, the study concludes that the quality
of audit work has a significant positive effect on efficient management of
Nigerian bottling company Enugu. The recommendations were provided stating that
the recruitment systems should be streamlined so that recruitment is done of
employees who are qualified in their respective areas regardless of their
connections and the management of the Nigerian Bottling company should create
the chartered institute of auditing for growing up the professional auditor
with better function of audit.
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UMEZURUIKE, E (2024). Impact Of Internal Auditing On The Efficient Management Of Manufacturing Industry In Nigeria (A Study Of Nigerian Bottling Company) Enugu:-Umezuruike Chigozie E. Repository.mouau.edu.ng: Retrieved Nov 22, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-internal-auditing-on-the-efficient-management-of-manufacturing-industry-in-nigeria-a-study-of-nigerian-bottling-company-enugu-umezuruike-chigozie-e-7-2
EZEKIEL, UMEZURUIKE. " Impact Of Internal Auditing On The Efficient Management Of Manufacturing Industry In Nigeria (A Study Of Nigerian Bottling Company) Enugu:-Umezuruike Chigozie E" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 09 Aug. 2024, https://repository.mouau.edu.ng/work/view/impact-of-internal-auditing-on-the-efficient-management-of-manufacturing-industry-in-nigeria-a-study-of-nigerian-bottling-company-enugu-umezuruike-chigozie-e-7-2. Accessed 22 Nov. 2024.
EZEKIEL, UMEZURUIKE. " Impact Of Internal Auditing On The Efficient Management Of Manufacturing Industry In Nigeria (A Study Of Nigerian Bottling Company) Enugu:-Umezuruike Chigozie E". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 09 Aug. 2024. Web. 22 Nov. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-internal-auditing-on-the-efficient-management-of-manufacturing-industry-in-nigeria-a-study-of-nigerian-bottling-company-enugu-umezuruike-chigozie-e-7-2 >.
EZEKIEL, UMEZURUIKE. " Impact Of Internal Auditing On The Efficient Management Of Manufacturing Industry In Nigeria (A Study Of Nigerian Bottling Company) Enugu:-Umezuruike Chigozie E" Repository.mouau.edu.ng (2024). Accessed 22 Nov. 2024. https://repository.mouau.edu.ng/work/view/impact-of-internal-auditing-on-the-efficient-management-of-manufacturing-industry-in-nigeria-a-study-of-nigerian-bottling-company-enugu-umezuruike-chigozie-e-7-2