THE IMPACT OF INTERNAL CONTROL SYSTEMS IN PUBLIC ACCOUNTING ENGAGEMENTS
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 3000
THE IMPACT OF INTERNAL CONTROL SYSTEMS IN PUBLIC ACCOUNTING ENGAGEMENTS
The objectives of this research are to: 1) Assess the effectiveness of internal control systems in public accounting engagements, 2) Identify the common weaknesses in existing internal control frameworks, and 3) Recommend strategies to strengthen internal controls. A survey design is selected to gather broad-based quantitative data, facilitating a comprehensive analysis of internal control systems across various organizations. The sample size is 380, derived using Taro Yamane’s formula, ensuring a 95% confidence level and a 5% margin of error. Lagos is chosen as the case study due to its economic significance and concentration of businesses. The survey's reliability coefficient score is 0.86, indicating high reliability. The findings reveal that robust internal control systems significantly reduce the risk of errors and fraud in public accounting engagements. However, common weaknesses include inadequate segregation of duties, insufficient monitoring, and outdated policies. The study recommends regular internal audits, continuous training, and the adoption of modern control frameworks to enhance the effectiveness of internal controls in public accounting.
Related Project Materials
THE ROLE OF FEDERAL GOVERNMENT OF NIGERIA IN THE PROMOTION OF SMALL AND MEDIUM SCALE ENTERPRISE IN NIGERIA
Abstract
This study is on the role of federal government of Nigeria in the promotion of small and medium scale enterpris...
THE EFFECTS OF PARENTING STYLES ON EARLY CHILDHOOD LEARNING OUTCOMES
Abstract: This study investigates the impact of different parenting styles on early childhood learning outco...
THE ROLE OF FISCAL POLICY IN THE NIGERIA ECONOMIC GROWTH
ABSTRACT
This study was carried out to examine the role of fiscal policy in the Nigeria economy growth using Ecobank...
THE EFFECTS OF DIFFERENT SEATING ARRANGEMENTS IN HIGHER EDUCATION COMPUTER LAB CLASSROOMS ON STUDENT LEARNING, TEACHING STYLE, AND CLASSROOM APPRAISAL
ABSTRACT
This study investigated the physical arrangement of workstations, seating and equipment in computer lab cla...
ANALYSIS OF SOME MINERAL CONTENTS OF COCONUT WATER
Background of the Study
The coconut (Cocos nucifera L.) is a tropical plant which belongs to the order Arecales and fami...
INVESTIGATING INNOVATIONS IN CAREER DEVELOPMENT PROGRAMS FOR VOCATIONAL STUDENTS
ABSTRACT: Innovations in Career Development Programs for Vocational Students examines novel approaches to enhance career readiness and employabilit...
THE IMPACT AND ROLE OF ENTREPRENEURSHIP ON THE ECONOMIC GROWTH OF NIGERIA
ABSTRACT
This study was carried out to examine the impact and role of entrepreneurship on the economic growth of Nig...
INFORMATION TECHNOLOGY AND THE CHANGING ROLE OF MASS MEDIA IN NIGERIA
ABSTRACT
In this study, the researcher examined the impact of information technology (IT) on media development in Nigeri...
NATIONAL HEALTH INSURANCE SCHEME IN NIGERIA (Prospects And Problems)
Abstract ...
KNOWLEDGE AND PREVENTIVE PRACTICES OF LASSA FEVER AMONG MOTHERS ATTENDING PRIMARY HEALTHCARE CENTER IN OWO, ONDO STATE
BACKGROUND OF THE STUDY
In Nigeria, epidemiological reporting to the country's health authorities i...
