Internal audit functions: an empirical study of public and private sectors in Nigeria
The study examines the similarities and differences between the private and public sectors internal audit functions in Nigeria. The features examined include the hierarchical position of the internal audit functions, outsourcing of internal audit activities, reporting relationship of the internal au...
Saved in:
Main Authors: | , , |
---|---|
Format: | Article |
Language: | English |
Published: |
OMJP Alpha Publishing
2018
|
Subjects: | |
Online Access: | http://repo.uum.edu.my/26129/1/IPJAS%202%201%202018%2026%2037.pdf http://repo.uum.edu.my/26129/ http://ipjaf.omjpalpha.com/index.php/ipjaf/article/view/1 |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
id |
my.uum.repo.26129 |
---|---|
record_format |
eprints |
spelling |
my.uum.repo.261292019-06-23T02:44:21Z http://repo.uum.edu.my/26129/ Internal audit functions: an empirical study of public and private sectors in Nigeria Madawaki, Abdulkadir Ahmi, Aidi Ahmad, Halimah @ Nasibah HF5601 Accounting The study examines the similarities and differences between the private and public sectors internal audit functions in Nigeria. The features examined include the hierarchical position of the internal audit functions, outsourcing of internal audit activities, reporting relationship of the internal auditor, and the coordination between internal and external auditors. A survey of internal audit managers of both sectors was undertaken to establish their current practices. The results revealed that there are no much differences in the hierarchical positioning of the internal audit function in both sectors. A substantial difference was found in the reporting lines of internal auditors in both sectors. The results further showed that private sector outsources internal audit activities more than the public sector and a slight difference exists between the two sectors about the level of coordination between internal and external auditors. Finally, the result indicated that private sector experiences a reduction in external audit fees compares to its counterpart in the public sector. OMJP Alpha Publishing 2018 Article PeerReviewed application/pdf en http://repo.uum.edu.my/26129/1/IPJAS%202%201%202018%2026%2037.pdf Madawaki, Abdulkadir and Ahmi, Aidi and Ahmad, Halimah @ Nasibah (2018) Internal audit functions: an empirical study of public and private sectors in Nigeria. Indian-Pacific Journal of Accounting and Finance (IPJAF), 2 (1). pp. 26-37. ISSN 2600-9161 http://ipjaf.omjpalpha.com/index.php/ipjaf/article/view/1 |
institution |
Universiti Utara Malaysia |
building |
UUM Library |
collection |
Institutional Repository |
continent |
Asia |
country |
Malaysia |
content_provider |
Universiti Utara Malaysia |
content_source |
UUM Institutionali Repository |
url_provider |
http://repo.uum.edu.my/ |
language |
English |
topic |
HF5601 Accounting |
spellingShingle |
HF5601 Accounting Madawaki, Abdulkadir Ahmi, Aidi Ahmad, Halimah @ Nasibah Internal audit functions: an empirical study of public and private sectors in Nigeria |
description |
The study examines the similarities and differences between the private and public sectors internal audit functions in Nigeria. The features examined include the hierarchical position of the internal audit functions, outsourcing of internal audit activities, reporting relationship of the internal auditor, and the coordination between internal and external auditors. A survey of internal audit managers of both sectors
was undertaken to establish their current practices. The results revealed that there are no much differences in the hierarchical positioning of the internal audit function in both sectors. A substantial difference was found in the reporting lines of internal auditors in both sectors. The results further showed that private sector outsources internal audit activities more than the public sector and a slight difference exists between the two sectors about the level of
coordination between internal and external auditors. Finally, the result indicated that private sector experiences a reduction in external audit fees compares to its counterpart in the public sector. |
format |
Article |
author |
Madawaki, Abdulkadir Ahmi, Aidi Ahmad, Halimah @ Nasibah |
author_facet |
Madawaki, Abdulkadir Ahmi, Aidi Ahmad, Halimah @ Nasibah |
author_sort |
Madawaki, Abdulkadir |
title |
Internal audit functions: an empirical study of public and private sectors in Nigeria |
title_short |
Internal audit functions: an empirical study of public and private sectors in Nigeria |
title_full |
Internal audit functions: an empirical study of public and private sectors in Nigeria |
title_fullStr |
Internal audit functions: an empirical study of public and private sectors in Nigeria |
title_full_unstemmed |
Internal audit functions: an empirical study of public and private sectors in Nigeria |
title_sort |
internal audit functions: an empirical study of public and private sectors in nigeria |
publisher |
OMJP Alpha Publishing |
publishDate |
2018 |
url |
http://repo.uum.edu.my/26129/1/IPJAS%202%201%202018%2026%2037.pdf http://repo.uum.edu.my/26129/ http://ipjaf.omjpalpha.com/index.php/ipjaf/article/view/1 |
_version_ |
1644284515361751040 |
score |
13.159267 |