An Assessment of the Role of Internal Audit. In Effective Corporate Governance in Nigeria

      Аннотация: Every organisation seems to promote corporate governance. The application of this principle varies from one organisation to another. Corporate Governance provides a platform on which effective monitoring of management can be made. It enables organisations’ objectives and the means by which they can be achieved to be set. One of the major ways by which these objective may be achieved is through institution of sound internal control mechanisms. In most organisation, internal control is a function performed by the internal auditing unit. It has now become generally accepted that the correlation between internal audit and corporate governance affects all kinds of economic activities, and that the perceived implications and consequences of this interaction have changed considerably in recent years. Internal auditing and corporate governance have now become a matter of major public concern. In today’s business and public environment, internal audits provide the management with a far broader range of information concerning the organisations’ financial, operational and compliance activities to improve effectiveness, efficiency and economy of management performance and activities.

Ключевые слова: assessment, Role, Internal Audit, Effective, corporate governance, Nigeria, Musa Muhammad Dandikko, Accounting, Finances, organisation, promote, application, Principle, platform, Management, objectives, control, Mechanism, Economy