ABSTRACT

Just like large organizations, small and medium scale businesses need auditors to survive. The role of auditors in helping small business owners keep accurate and concise financial records cannot be underestimated in corporate Nigeria today.

Concerning Methodology, data was collected by means of questionnaire. The collected data were analyzed with the aid of percentages. Further analysis was done on relevant information. The statement of research hypothesis was tested using chi-square distribution.
The use of internal control questionnaire and evaluation forms by auditors, to ascertain and evaluate the strengths and weaknesses of internal control systems of business organization, with a view to determining the degree of reliance to be placed on the internal control system, is a major finding of this research.

TABLE OF CONTENT

Title page
Certification
Dedication
Acknowledgement
Abstract
Table of contents

CHAPTER ONE: Introduction
Background of the study
Statement of the problem
Objectives of the study
Scope of the study
Statement of research hypothesis
Significance of the study
Limitations of the study
Method of data analysis
Definition of terms
References

CHAPTER TWO: Literature Review
Introduction
Business organisation- an over view
Nature of auditing
Purpose of auditing
Objectives of auditing
Types of audit
Qualities of an auditor
Responsibilities of auditors
Appointment of auditors
Removal of auditors
Qualification of an auditor
Rights of an auditor
Remuneration of auditors
Duties of an auditor
Resignation of appointment
Auditors report
Professional considerations
Role of auditors in business organisation
Qualities of financial accounts
Internal auditing in business organisation
What internal auditors do
Audit approach
References.