Please use this identifier to cite or link to this item: http://localhost:8080/xmlui/handle/123456789/244
Title: ENHANCING INTERNAL AUDIT TO PROMOTE EFFECTIVE AND EFFICIENT FINANCIAL MANAGEMENT IN THE PUBLIC SECTOR
Other Titles: A CASE STUDY OF SELECTED MINISTRIES, DEPARTMENTS AND AGENCIES (MDAs) AND METROPOLITAN, MUNICIPAL DISTRICT ASSEMBLIES (MMDAs) IN ASHANTI REGION OF GHANA
Authors: ASUMING APPIAH, AKWASI
FORKUO, GLORIA KWARTEMAA
KANKAM, KWASI KENNEDY
ODE, DORIS
TETTEH, HENRIETTA KORKOR
Keywords: ENHANCING INTERNAL
AUDIT TO PROMOTE
EFFECTIVE AND EFFICIENT
FINANCIAL MANAGEMENT
Issue Date: Jun-2013
Abstract: Internal auditing is a profession and activity involved in helping organizations achieve their stated objectives. It does this by using a systematic methodology for analyzing business processes, procedures and activities with the goal of highlighting organizational problems and recommending solutions.
Description: Board, council or management of MDAs and MMDAs have the responsibility to ensure that public assets entrusted in their care are protected and safeguarded against frauds, errors and other forms of irregularities. They have therefore put in place mechanisms, structures and framework which can prevent, deter and detect frauds, errors and irregularities before external auditors come in to finally audit the financial statements. In modern financial management practices, the establishment of audit committees and internal audit units or departments is recommended to all forms of organizations to assist management etc in protecting and safeguarding the assets of the organization.
URI: http://localhost:8080/xmlui/handle/123456789/244
Appears in Collections:Business Administration -ST

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