CO- OPERATIVE AUDIT AND CONTROL
ABSTRACT: Co –operative Audit and Control has been known to be basic in Country’s economic growth. In this respect, little or no attention is been given to this venture, Co –operative Audit and Control. For a country to achieve its desired economic growth development and equipment allocation of revenue, its annual auditing is very necessary .moreover, once our respective co –operative society is well audited in a free and fair manner, frequent and inflation of assets would de detected. But, the lack and inadequacy of this very concept has given a country a misconception in its dealing with the existing co –operative societies. Finally, this research work would go a long way to reduce this said predicament by giving an insight into the necessary values and importance attached to it. Thus, to audit our respective co operative societies, such problems would be definitely eliminated.
TABLE OF CONTENTS
CHAPTER ONE
- CO –OPERATIVE ORGANISATIONAL AUDIT AND CONTROL 1
- INTRODUCTION 1
- THE PROBLEM OF AUDITING AND CONTROL 3
- PURPOSE OF THE STUDY 7
- SIGNIFICANCE OF THE STUDY 7
- DEFINITION OF TERMS 8
CHAPTER TWO
- IMPORTANCE AND VALUES OF CO-OPERATIVE AUDIT
2.1 MEANING OF CO-OPERATIVE AUDIT 10
- DETECTION OF ERRORS 11
- DETECTION OF FRAUDULENT ACT 13
- EXTENT AND CONSEQUENCES OF NON 17 ORGANISATIONAL AUDIT
- ECONOMIC PREDICAMENT 17
- LACK OF JOB OPPORTUNITIES 19
CHAPTER THREE
- SUMMARY OF FINDINGS, RECOMMENDATION AND CONCLUSION
3.1 SUMMARY OF FINDINGS 23
- RECOMMENDATION 23
- CONCLUSION 24
SELECTED BIBLIOGRAPHY 25
CHAPTER ONE
- CO-OPERATIVE ORGANISATION AUDIT AND CONTROL
1.1 INTRODUCTION
A Co-operative is a union made up of a group of people and an enterprise. It is made up of a group of people with common goals, who run an enterprise in order to achieve their aim objective. There is no co-operative without a group of persons and an enterprise through which they achieve their aims.
The enterprise of a co-operative is only a way through which the group of member achieve their aims. It is an instrument of achieving the socio economic goals of the members. A co-operative has two demands, that means that is made up of both a group of individuals and enterprise.
