THE IMPACT OF INTERNAL AUDITING ON THE PROFITABILITY OF MONEY DEPOSIT BANK
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ABSTRACT
In this research work titled the impact of internal auditing on the profitability of money deposit bank with particular reference to First Bank Nig Plc. The researcher evaluated the impact of internal auditing on the profitability of First Bank Nig Plc. Data for the study was sourced from two main sources which include Primary and Secondary sources of data Collection. Primary data: questionnaires and oral interviews were used to collect information from the respondents. Secondary data: journals, and other relevant materials relating to the area of my investigation will be review. Extensive literature review was carried out involving the conceptual, theoretical and the empirical frameworks. The research instrument used in this study was the questionnaire. The questionnaire is structural as to contain both close and open ended question. Simple tables and percentages were used in treatment of data. Pearson Correlation was used in testing the hypotheses. At the end the researcher found out that Internal auditing has significant impact on the profitability of money deposit bank in Nigeria. Based on the findings the researcher recommends that Daily call over, reconciliation and auditing at every level Surprise internal cash count. Regular review and cleaning of all surprises accounts preparation of monthly account and board of central bank return.
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