AUDIT AS AN AID TO ACCOUNTABILITY (A CASE STUDY OF ENUGU STATE MINISTRY OF FINANCE AND ECONOMIC DEVELOPMENT)
The research study is concentrated an audit as an aids to accountability in public service. The project research commences with an introduction and overview of the history of audit in Nigeria. Sequel to this elect, data were collected from primary and secondary sources, primary sources involves the design and distribution of questionnaires to 106 respondents of the ministry of finance and economic departments and Enugu State Audit. The secondary source
extensively reviewed the opinion of some scholars who had earlier drawn written conclusions that are related to the project topic. Data collected were analysed and tested using percentage and formulated hypotheses. The main findings were based on the analysis and subsequent test, which showed that auditing is a strong tool for accountability in the public service. Poor
and irregular payment of sta salaries and remuneration has caused diversion of public fund to private purposes. Moreover, management skill has not improved operational standard in the state service.
Based on the findings, the researcher made possible recommendations to correct the negative conception of an audit and to appraise audit standard in the
state public service.
This project research is therefore, beneficial to both the students, lecturers, politician, public and private sectors.
The question on how to increase efficiency and positive result in audit work in public sector is a perennial problem in Nigeria, and one that is increasing warning the generality of the people of this country. The response has been to upgrade the quality of audit sta ad powers conferred on audit institutions in the public sector. There is also the for training of audit stain modern techniques of auditing to enhance effectiveness and result oriented rather than restricting them to the traditional methods of trick and turnover which is inadequate and outdated.
Public sector auditing is conferred towards ensuring the proper and efficient
use of public funds, development of sound financial management, the orderly
executive administrative activities and the communication of information to the public through the publication of objective reports. These are necessary for the stability and development of the nation. There is a need to map out the machinery and method of carrying out a research functions effectively as to achieve a desired result.
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