THE AUDITOR AS AN INDISPENATHE AUDITOR AS AN INDISPENSABLE PART OF A PROFITABLE BUSINESS ORGANIZATION)
TABLE OF CONTENT
CHAPTER ONE
- BACKGROUND OF STUDY
- STATEMENT OF THE PROBLEM
- OBJECTIVES OF THE STUDY
- SIGNIFICANCE OF STUDY
- DEFINITION OF THE TERMS
- SCOPE AND LIMITATION OF THE STUDY
CHAPTER TWO
LITERATURE REVIEW
- DEFINITION OF AUDITING STANDARD
- ORIGIN OF AUDITING STANDARD
- HOW AUDIT FUNCTIONS STATED
- HOW AUDITOR DUTIES RELATED TO THE ACHIEVEMENT OF PROFITABLE BUSINESS ORGANIZATION
- RELATIONSHIP BETWEEN AUDITING AND ACCOUNTING
- INTERNAL CONTROL
- EXTERNAL AUDITING
- AUDITING PROCEDURES
- THE AUDITOR AND FRAUD
CHAPTER THREE
SUMMARY, RECOMMENDATION AND CONCLUSION
- SUMMARY OF FINDINGS
- CONCLUSION
- RECOMMENDATION
- BIBLIOGRAPHY
- APPENDIX
CHAPTER ONE
INTRODUCTION
1.1Â Â Â BACKGROUND OF THE STUDY
Complexity and growth in a business organization calls for employment or more employee and separation of business from the owners thus, is because the owner cannot efficiently oversee the various departments due to increase in the size of the business. Therefore there is need for extra hands, managers are then employed as stewards to oversee or look after the business assets and control certain departments.
It is pertinent that as the business continues to show a growth rate, the sole proprietorship will gradually give way to partnership will gradually give way to partnership perhaps one to need of better management and also due to of bigger capital. As the partnership became Bigger, it ushers in the limited liability company which came in with the share holding concept a situation where a very large capital is required of a business venture by the public each contributing a single unit of share.
The shareholders as the owners of the business appointed directors to run the day to day affairs of the company. The directors in form appoint managers to serve as stewards of the company.
