TABLE OF CONTENT
TITLE PAGE
PAGES
CERTIFICATION
I
DEDICATION
II
ACKNOWLEDGEMENT III
LIST OF TABLE
IV
CHAPTER ONE: INTRODUCTION
BACKGROUND OF THE STUDY 1
OBJECTIVE OF THE STUDY 2
SIGNIFICANCE OF THE STUDY 3
SCOPE OF THE STUDY
3
LIMITATION OF THE STUDY
4
RESEARCH METHODOLOGY
4
PLAN OF THE STUDY
5
CHAPTER TWO
MEANING OF PARASTATALS 7
ESTABLISHMENT OF UNIVERSITY AND THEIR TEACHING
HOSPITALS
7
AUDITING IN RELATION TO ACCOUNTS 9
ANNUAL STOCK TAKING
10
APPRAISAL OF THE PERFORMANCE OF THE RETURNS
11
USERS OF AUDIT INFORMATION 12
CHAPTER THREE
INTERVIEW 15
QUESTIONNAIRE
16
OBSERVATION
16
CHAPTER FOUR
FINDINGS 18
HISTORICAL BACKGROUND OF UNIVERSITY OF ILORIN TEACHING
HOSPITAL 18
ORGANIZATION STRUCTURE 20
ACCOUNT PAYABLES 21
SOURCES OF FUND: CAPITAL STRUCTURE 23
AUDITING PROCEDURE AT UNIVERSITY OD ILORIN TEACHING HOSPITAL
23
AUDIT QUERRY 26
INTERNAL CONTROL
27
PROCEDURE
28
CHAPTER FIVE
PROBLEMS
31
SUMMARY
32
CONCLUSION
33
RECOMMENDATIONS
33
REFERENCE
35
BIBLIOGRAPHY
36
CHAPTER ONE
BACKGROUND OF THE STUDY
Auditing may
be defined as a systematic examination testing and confirmation of accounting
record and routines to verify their accuracy and compliance with established
concept, principle standard and legal requirement.
However, the
Macdonald and Howard LR principle of auditing as a careful examination of the
books of account and vouchers of a business, a will enable the auditor to
satisfy himself that the balance sheet is property drawn up. So as to give a
true and fair view of the state of affairs of the business and whether the
profit and loss for the financial period according to the best of his information
and explanation given to him and shown by the books of account and if not in
what respect he is not satisfied.
OBJECTIVE OF THE STUDY
The
objective of the study of auditing procedure in government parastatals are as
follows.
To get adequate and relevant information about the financial
aspect of government parastatals.
To build new knowledge gained into these research for future
use into operation of government parastatals.
to find out the extent to which those who elected to oversee
the affairs of government parastatals in the teaching Hospital are able to
account for their stewardship.
To make suggestion and recommendation as to new finding
relevant to develop of most of hospital in Nigeria
to be able to detect likely error and irregularity and able
to make necessary correction as not to affect the government set up.