Internship Report in Auditing

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CHAPTER ONE: INTRODUCTION 1.1. BACKGROUND OF THE STUDY Auditing refers to the process of checking and analyzing of financial statements to prove that they give true and fair view of the company and to ensure that they were prepared according to the accounting standards and finally producing a report after their opinion. Internal audit is professional activity involved in helping organizations to achieve their objectives. And the goals using systematic methodology for analyzing business processes, procedures and activities by highlighting organizational problems and recommending solutions. Famous authorities an auditing literature; defined auditing the internal auditing system as the whole system of controls , financial and…show more content…
1.3.2 Specific objective: The role of internal audit in the achievement of the objectives. * To assess the efficiency and effectiveness of internal audit function in RRA. * To examine the impact of internal audit function (department) within RRA; * To forward recommendations and conclusion based on the research finding. 1.4. RESEARCH QUESTIONS A number of research questions will guide me to carry out my study. Such questions include: * What type of audit is performed in government institutions? * Is it necessary to have internal auditing in government institutions? * To what extent is this internal audit department has been able to solve the problem of mismanagement? 1.5. HYPOTHESIS In the paragraph of research questions raised with the above questions; the assumptions solutions made are the following: * Desk (Office) audit and field audit are conducted in public sector. * Yes, government institutions uses internal audit so that to evaluate their well internal performance or not. * Put their employees into the work or assignments and prepare the training support. 1.6 SIGNIFICANCE OF THE STUDY The significant of the research is very important especially to the researcher, SFB institution and government organization. 1.6.1To the researcher: The research will provide the relevance information comes from
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