Internal Audit Effectiveness as a Tool in Management Control System in Consumer Goods Companies
- Dr. ONICHABOR, Pius
- Ibafo Accounting and Finance 2019
- xiii,; 100p. tables
Weak financial accountability reflects the lacks of internal audit effectiveness. The purpose of this research is to present internal audit effectiveness as a tool in management control system. Internal Audit Effectiveness here constitutes; internal auditors; qualifications, internal audit function, internal audit team size, internal audit independence. Management control system here constitute; Re-configurability, Robustness, Agility. Four hundred questionnaires were distributed to the respondents in various consumer goods firms in Lagos State, Nigeria through research assistance employed via stratified random sampling techniques. Collected raw data was cleaned and edited for completeness and consistency. Data are keyed into Statistical Package for Social Sciences (SPSS) Version 21. Descriptive statistics, Factor analysis, Correlation matrix and Inferential analysis, Regression analysis.