Over the years, there have being a problem of incorrect and unreliable financial record which has lead to loss of organizational integrity. The research work aimed among others at determining the relationship between internal measures to proper accounting records. A survey research design was adopted for this research study and a sample size was selected using yaro yamane sampling technique as data used were obtained from both primary and secondary sources. Four research questions were formulated out of which three hypothesis were formulated using regression co-efficient analysis method at 5% level of significance and the z table was also used for comparison between calculated value of significance b and tab le value. The finding from the analysis indicates that internal control measure management performance and is necessary for the growth and effectiveness of the organization. Financial management of any organization cannot do without internal control as true and fair presentation of financial statement may never be possible if the board and senior management are not committed to providing a well planned internal control system. It also recommends that a periodical review of the organization should be done by the management so as to cope with the model trends in organizational fraud prevention.
Cover page
Title Page i
Dedication ii
Acknowledgement iii
Approval Page iv
Abstract v
Table of contents vi
CHAPTER ONE
INTRODUCTION
1.1 Background of the study 1
1.2 Statement of problem 3
1.3 Objective of the study 4
1.4 Research Questions 5
1.5 Statement of hypothesis 5
1.6 Significance of the study 7
1.7 Scope of the study 7
1.8 Limitation of the study 8
1.9 Definition of terms 8
1.10 References 10
CHAPTER TWO:
LITERATURE REVIEW
2.1 Introduction 11
2.2 Internal control 11
2.3 Role and Purpose of internal control 13
2.4 Types of Internal control 15
2.5Function of internal control 19
2.6 Internal control in financial institution 20
2.7 Element of a good internal control system 24
2.8 Relationships between internal auditing and internal control system. 27
2.9 Management and internal control system 28
2.10 Defect and shortcoming of internal control 29
2.11 Possible solution to defects internal control system 31
2.12 Limitation of internal control 32
CHAPTER THREE 34
3.0 Research methodology
3.1 introduction 34
3.2 Research design 34
3.3 Sources of data 34
3.4 Area of study 35
3.5 population of the study 35
3.6 sample size and sampling technique 35
3.7 Research instrument 36
3.8 Validation and Reliability of instrument 37
3.9 Method of data analysis 37
CHAPTER FOUR
4.0 Data Presentation and analysis 40
4.1 introduction 40
4.2 Data Presentation 40
4.3 Test of hypothesis 45
CHAPTER FIVE
Summary, Conclusion and Recommendation 54
5.1 Summary of findings 54
5.2 Conclusion 54
5.3 Recommendation 55
Bibliography 57
Appendix 59
Questionnaire 60
Impact of Internal Control System On The Financial Management Of An Organization. (n.d.). UniTopics. https://www.unitopics.com/project/material/impact-of-internal-control-system-on-the-financial-management-of-an-organization/
“Impact of Internal Control System On The Financial Management Of An Organization.” UniTopics, https://www.unitopics.com/project/material/impact-of-internal-control-system-on-the-financial-management-of-an-organization/. Accessed 22 November 2024.
“Impact of Internal Control System On The Financial Management Of An Organization.” UniTopics, Accessed November 22, 2024. https://www.unitopics.com/project/material/impact-of-internal-control-system-on-the-financial-management-of-an-organization/
Here’s a typical structure for Impact of Internal Control System On The Financial Management Of An Organization research projects:
- The title page of Impact of Internal Control System On The Financial Management Of An Organization should include the project title, your name, institution, and date.
- The abstract of Impact of Internal Control System On The Financial Management Of An Organization should be a summary of around 150-250 words and should highlight the main objectives, methods, results, and conclusions.
- The introduction of Impact of Internal Control System On The Financial Management Of An Organization should provide the background information, outline the research problem, and state the objectives and significance of the study.
- Review existing research related to Impact of Internal Control System On The Financial Management Of An Organization, identifying gaps the study aims to fill.
- The methodology section of Impact of Internal Control System On The Financial Management Of An Organization should describe the research design, data collection methods, and analytical techniques used.
- Present the findings of the Impact of Internal Control System On The Financial Management Of An Organization research study using tables, charts, and graphs to illustrate key points.
- Interpret Impact of Internal Control System On The Financial Management Of An Organization results, discussing their implications, limitations, and potential areas for future research.
- Summarize the main findings of the Impact of Internal Control System On The Financial Management Of An Organization study and restate its significance.
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