PROPOSAL OF THE PROJECT: This research study intends to took
into the importance of auditing as a tool in economic development. Often times
it is reported at various companies, corporation and others enterprises that
productivity is low efficiency narrowed, misappropriation of funds have
occurred. The study will there fore find solution to these problems. Further
more the research study will try to disclose problems like misappropriation of
funds, fraud and irregularities and possibly find solutions to these problems.
The research study will also find solution to the imperfection in the ability
of those managing resources entrusted with them. The sources of data for the
researcher will be as follows.
Primary data: The researcher intends to use questionnaire,
interviews and personal observation.
Secondary data: The major secondary data which the
researcher intends to use are text books Journals, accountancy. However, there
are so many constraints that I will face in this research work and which
Lack of finance
Limited time as a result of combing the research work and my
academic work. However, there are so many constraints that I will face in this
research work and which include. Lack of finance. Limited time as a result of
combing the research work and my academic work. Lack of material for the
research work. Finally what I hope to achieve at the end of this research work
is to find solution to the imperfection on the resource of the organization and
the importance of auditing in the economic development of the country.
TABLE OF CONTENTS
Background of study
Statement of the problem
Objective of the study
Statement of hypothesis
Significance of the study
Scope and limitation of study
Definition of terms.
Review of related literature
Historical background of quitting
Meaning and important
of auditing including its, saims
Internal check internal control and internal audit.
Various types of audit
The objective of auditing
The need for auditing what justification
Auditing as an indispensable tool for economic development
Problem of an audit and how to over come audit problems.
How to over come or prevent audit problems
How auditing has helped the growth and prosperity as well as
efficient management of Texaco Nig Plc Lagos sate
Selection of data
Source of data
Direct inter view
Data analysis techniques
Data presentation and analysis of data
Summary of findings
BACKGROUND OF THE STUDY
The management of the economy in the past has been
characterized by corruption and financial mismanagement which made the country
to have persistent balance of payment problems. This financial mismanagement
was more pronounced during the civilian administration of 1979- 1983 and the
dictatorial government of general Sani Abacha of 1993 to 1998.