ACCOUNTING AS AN AIDS TO INTERNAL CONTROL SYSTEMS
The study examined into the impact of internal control system on audit quality. The specific objectives examined the influence of internal controls on audit time or period; To examine the impact of internal controls on audit cost or fee; To investigate the effect of internal controls on reliability of financial statements
The study employ the descriptive survey design. The study employ the use of questionnaire to collect the primary data from the top-level and middle level management of the limited companies in Ijebu-Ode. The study used the frequency, percentage and linear regression to draw out the inferential from the hypothesis.
The study revealed that internal control system has significant effect on audit period at (P< 0.02).Internal control system does not have significant effect on audit cost or fee (P>0.41).Internal control system as significant effect on reliability of financial system on (P<0.00).
The study concluded that internal control system has significant impact on audit fee and audit period meaning the control system in an organization must be done to improve the audit attribute in an organization. The study recommended that the organization should device a means that audit period are maintained within reasonable time has to aid the improvement of internal control system that will stimulate the organization performance.
Terms of Use: This is an academic paper. Students should NOT copy our materials word to word, as we DO NOT encourage Plagiarism. Only use as a guide in developing your original research work. Thanks.
Disclaimer: All undertaking works, records, and reports posted on this website, eprojectguide.com are the property/copyright of their individual proprietors. They are for research reference/direction purposes and the works are publicly supported. Do not present another person’s work as your own to maintain a strategic distance from counterfeiting its results. Use it as a guide and not duplicate the work in exactly the same words (verbatim). eprojectguide.com is a vault of exploration works simply like academia.edu, researchgate.net, scribd.com, docsity.com, course hero, and numerous different stages where clients transfer works. The paid membership on eprojectguide.com is a method by which the site is kept up to help Open Education. In the event that you see your work posted here, and you need it to be eliminated/credited, it would be ideal if you call us on +2348064699975 or send us a mail along with the web address linked to the work, to eprojectguide@gmail.com. We will answer to and honor each solicitation. Kindly note notification it might take up to 24 – 48 hours to handle your solicitation.