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Category: Project Material

THE IMPACT OF INTERNAL ON THE PERFORMANCE OF A COMPANY

ABSTRACT/DESCRIPTION


This research work was undertaken to ascertain the impact of internal audit on the performance of a company. The purpose was to find out how internal credit functions have contributed to the overall of the company using Zenith Bank Plc, Agbor sampled some companies based in Agbor. Some of the major findings were that internal audit performs the following functions, which is internal audit appraisal activities or staff performance in company and compare it with the set standard; ensure that company’s records are accurate and reliable; to see that the entire department the company complies with companies policies guide against fraud with the organization. They (internal auditors) give suggestions to management on way of improving performance and guiding the organization against future short comings. Finally, given the requirements of the combined code or corporate governance, comprises are expected to have internal audit function so as to put under control corporate fraud and operational deficiencies.

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