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The Impact of Internal Audit on the Performance of Bayelsa State Broadcasting Corporation

Journal: International Journal of Trend in Scientific Research and Development (Vol.7, No. 4)

Publication Date:

Authors : ;

Page : 332-343

Keywords : B Competent Technocrats Safeguarding of Assets; Accounting control; Broadcasting corporation;

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Abstract

This study examines The Impact of Internal Audit on The Performance of Bayelsa State Broadcasting Corporation using both primary and secondary data obtained from the organization through questionnaire and monthly reports of the entity. The objectives, were established to link internal audit and performance of Bayelsa State Broadcasting Corporation. The empirical analysis shows that there is an insignificant relationship between internal control and the performance of Bayelsa State Broadcasting Corporation internal audit, has a positive and insignificant relationship with gross surplus margin safeguarding of assets has a negative and insignificant relationship with gross surplus margin of government owned companies. It is evident from the findings of the study that internal audit plays a minute role in enhancing the performance of government owned companies in Nigeria. It can therefore be deducted that government owned companies are not managed efficiently downplay authorization, circumvent laid down processes and by pass procedures. the following recommendations are made Only competent technocrats should be engaged to head audit units of government owned companies. Experience should be accorded in the appointment of leaders of parastatals. Dr. Odogu, Laime Isaac | Mr. Odoko Dan "The Impact of Internal Audit on the Performance of Bayelsa State Broadcasting Corporation" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-7 | Issue-4, August 2023, URL: https://www.ijtsrd.com/papers/ijtsrd59694.pdf Paper Url:https://www.ijtsrd.com/humanities-and-the-arts/education/59694/the-impact-of-internal-audit-on-the-performance-of-bayelsa-state-broadcasting-corporation/dr-odogu-laime-isaac

Last modified: 2023-10-16 16:08:45