Background of the Study
Internal auditing is a critical aspect of an organization’s financial control system. It involves the independent evaluation of financial and operational processes to ensure accuracy, compliance, and efficiency. In Tarka LGA, internal auditing is essential for ensuring that public resources are managed effectively, fostering transparency and accountability in local government operations. The findings from internal audits provide valuable information that can enhance managerial decision-making by identifying areas for improvement, detecting inefficiencies, and ensuring that financial decisions align with the organization’s objectives. This study will evaluate the effectiveness of internal auditing in supporting managerial decision-making within Tarka LGA.
Statement of the Problem
Despite the importance of internal auditing, there may be a lack of thorough implementation or utilization of audit findings in Tarka LGA. This may result in poor financial management, inefficiencies, and suboptimal decision-making. The study will assess the effectiveness of internal auditing in enhancing managerial decision-making in Tarka LGA.
Aim and Objectives of the Study
Aim: To evaluate the effectiveness of internal auditing in enhancing managerial decision-making in Tarka LGA.
Objectives:
Research Questions
Research Hypothesis
Significance of the Study
This study will highlight the importance of effective internal auditing in improving managerial decision-making, which in turn will contribute to better financial management and accountability in Tarka LGA.
Scope and Limitation of the Study
The study will focus on the internal auditing practices within Tarka LGA and their effect on decision-making. Limitations may include difficulty in accessing comprehensive audit reports and the possibility of internal biases in audit practices.
Definition of Terms
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ABSTRACT
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