ABSTRACT
An economy moves as efficiently on inefficiently as the people who manage its affairs. Business cannot thrive if we do not have an adequate number of men with their requisite knowledge, skill and competence. It is in recognition of these fact that an effort is made in this research work to show the impact of Auditing in public sector. For the sake of clarity a and orderly presentation of relevant materials, the body of this work is divided into five chapters. Chapter one is the introduction which considers among other things, the Auditing curiosity about Auditing. Historical background of the study, statement of problem, objectives of the study, research questions and hypothesis, significances of the study, limitations and delimitations and equally definition of some technical terms. The second chapter discussed the review of related literature which comprises different opinions from different authors. Auditing and accountability declined, origin and development of audit, public and short note of public accountability, government accounting procedures the role of internal audit unit, statutory positions, power and functions of auditor general and audit report. The third chapter dealt with the methodology and design of the study that is made up of research design data analysis, test applied (personnal interview and questionnaires). oral interview, sampling procedures or methods, data collection (primary and secondary data) and questionnaire applied. Chapter four x-rays the data analysis and presentation which includes analysis and interpretation of data from responses of the respondents. The final chapter presents the findings, recommendation and conclusion. The samples of questionnaires and bibliography are under the appendix of the write-up at the back page. Also, in the bank page is the application letter to the Enugu State Audit Department. The structural arrangement was made to accommodate the size and complexity for audit work, which increases enormously with a corresponding effect on the operation of public offices. These complexities resulted to the inadequate examination and verifications of the books and records in such a way as to uphold a true and fair view of transactions. This however leads to misappropriations and embezzlement of public funds. Sometimes even, defalcation occur. All these occur because there wasn’t effective control of book of accounts and the assets to the business. In short, all these factors motivated the researcher to try into facts of and rudiment of auditing and explores the impact of auditing and the use of auditing as means of avoiding these anomalies. So, auditing should be carried out in all public organisation if actually the yield by these organisation would be satisfactory.
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
This question by how to increase efficiency and positive result in audit work in the public sector is a perennial problem in Nigeria, and one that is increasingly warning the generality of the people of this country.The response has been to upgrade the quality to audit staff and widening of the power conferred on audit institution in the public sector. The need for the training of audit staff in modern techniques of auditing which is mere effective and result oriented rather than restricting them to the traditional method of “trick and turnover” which is inadequate and outdated.
Public sector auditing is centered towards ensuring the proper and efficient use of public funds, development of sound financial management, he orderly executive administrative activities and the communication of information to the public through the publication of objective reports since these are necessary for the stability and development of the nation, there is the need to map out the machineries and methods of carrying out a research that functions effectively as a to achieve a desired result.In the past, the emphasis of on audit was on the traditional methods of auditing which has been mainly the compliance audit, seeing that all books and records comply with the laid down procedures and regulation.
But now, there is the need for a shift of emphasis to modern concept of effectiveness and efficiency.Based on these individual views of auditing and it’s functions, the researcher took a keen inherent to rest empirically auditing as on aid to accountability to the Enugu State post primary school management board (PPMB).The increasing incidence of fund and misappropriation of public fund and property by the accounting officers and chief executives in the Enugu state post primary school management board possess a question as to whether auditing plays any role towards ensuring proper accountability in the state public sectaries.
Auditing is meant to control, deter and find out any fraud or misappropriation of public fund or property by officers entrusted with such duties. It is because of this numerous task that the Enugu state audit department was established to appraise the work of those entrusted with the responsibility of accountability.Government undertakes varies transactions through its representative or agencies and as such they are required by law to give account of their stewardship. To achieve these purpose, the constitution of the federal republic of Nigeria provide a law established audit departments both at the federal and state levels section 125 (1) of the 1999 constitution provides that there shall be and auditor general for each state of the federation who shall be appointed in accordance with the provision of section 126 of this constitution.
The sub-section (2) of this section provides that the public accounts of a state and all offices, ministries, parastatals and the courts of the state shall be audited by the auditor-general for the state who shall submit his reports to the house of Assembly of the state concerted, and for that purpose the auditor-general or any person authorized by him in his behalf shall have access to all the books, records, returns and other documents relating to those account.