Effects of Internal Auditing on Performance of Sub County Treasuries: A Case Study of Mirangine Sub County Treasury, Nyandarua-County

The study examined the impact of internal audit function on the performance of Sub County treasuries. The study adopted a descriptive survey design. The study population was drawn from the treasury department at Mirangine Sub County. The target population of the study was 30 respondents. Data was collected by the use of self administered questionnaires. Data collected was analyzed quantitatively and qualitatively. Descriptive statistics was used in data analysis. The study has found that internal audit function strengthens Sub County treasuries- internal control system which actually enhances efficiency. It have also been noted that internal auditors should maintain independence and objectivity in this case they will be able to point out the weakness and strengthens of Sub County treasury department. Additionally internal audit function is able to assist managers on the governance process to promote development, communication and implementation of Sub County treasuries, policy and monitoring performance. Furthermore internal audit is able to access the effectiveness of the risk control through controlling, preventing, detecting or directing hence ensuring stability of Sub County treasuries. Lastly internal audit issues reports which are followed up and they act as advisers and consultants to the management and thus have a positive impact.