CHAPTER ONE
1.1Â Â BACKGROUND OF THE STUDY
               INTRODUCTION
An organization is an integrated system or combinations of activities but on achieving some aims or objectives the achievement of these aims or objective involves same plan and process which must have a good bearing on the effectiveness and efficiency of the organization.
Complexity nature of business, in term of its organisation volumes and progress, nowadays make personal supervision by owners becomes ineffective, hence business are delegated into the hands of the management who must render report to the owner or providers of capital for the business.
Aims growth in size and complexity of business organization and the need to safeguard the interest of the providers of capital who on their own part want to be assured that the business is effectively and efficiently run, create the need for an independent examination of account and reports rendered by the management of business reports of which shall be presented to the providers of the capital in order to reveal unto the providers of the capital the true financial position of the business organization. This independent examination of account and records of management ascertain the accuracy and reability of the accounts and records by the business organisation. Hence it can be said that auditing emerged out of the organisation it them follows that if checks and balances are not made, things would than left to change and the end result become unfavourable.
