In this study, researcher examined the management Audit. As tool for achieving organizational objectives. A case study of Emenite Company lit. The study is significance on system of management audit is intended not only to maintain an adequate method of processing accounting data, but also to safe guard the company against possible financial loss due to fraud or errors. With the, identification of the problems of the system, an attempt was made to device some solution to the problems.

The objectives of research includes:

1. To achieve the completeness, accuracy, and validity of recording of the transactions of the organization.

2. All income or revenue due to the company are received and recorded accurately in the book.

3. All assets are correctly recorded and adequate safeguard against loss, damaged or waste.

Relevant and related literature we re reviewed and influences drawn as to proof to a support of the hypothesis.

I also consulted a lot of books and journals as it was listed in page-tilted bibliography.

Data were collected by administration of questionnaires and conduction of oral interview.

The population of the study was made up 57 persons, as the population and sample size was 50 respondents. The application of YARO YAMANI formula was used to determine the above sample size. See the formula.

n = N

1 + N (e)²

some of the finding made includes:

a. The company is in the manufacturing sector. All the fifty respondents confirmed, it is 100%.

2. The company adopted, marketing policy for marketing department. This is done in order to enhance turnover and increase productivity.

And finally, recommendation.

a. The organization controlling functions of management should be properly recognized and regular appraisal made to discover the loopholes and remove the logs which date the progress of the company.

b. Internal audit department” power and duties should be observed critically to facilitate effectiveness.

TABLE OF CONTENTS

TITLE PAGE

APPROVAL PAGE

DEDICATION

ACKNOWLEDGMENT

ABSTRACT

TABLE OF CONTENT

CHAPTER ONE

INTRODUCTION

1.1 STATEMENT OF PROBLEM

1.2 OBJECTIVE OF STUDY

1.3 SIGNIFICANT OF STUDY

1.4 STATEMENT OF HYPOOTHESIS

1.5 LIMITATIONS AND SCOPE OF THE STUDY

1.6 DEFINITION OF TERMS

CHAPTER TWO

REVIEW OF RELATED LITERATURE

2.1 DEFINITION OF MANAGEMENT AUDIT

2.2 SCOPE OF MANAGEMENT AUDIT

2.3 AUDIT PERSONNEL/AUDIT STANDARDS

2.4 PURPOSE OF MANAGEMENT AUDIT

2.5 FUNCTIONS OF MANAGEMENT AUDIT

2.6 PLANNING AND CONTROLLING THE AUDIT

2.7 MANAGEMENT TECHNIQUES.

CHAPTER THREE

RESEARCH DESIGN AND METHODOLOGY

SOURCES OF DATA

INTERVIEW QUESTION

METHOD OF INVESTIGATION

POPULATION

DETERMINATION OF SAMPLE SIZE

CHAPTER FOUR

DATA PRESENTATION AND FINDINGS

4.1 DATA PRESENTATION AND FINDINGS

4.2 TEST OF HYPOTHESIS

CHAPTER FIVE

SUMMARY OF FINDINGS, CONCLUSION, RECOMMENDATION

5.1 FINDINGS

5.2 CONCLUSION

5.3 RECOMMENDATION

BIBLIOGRAPHY

APPENDIX

QUESTIONNAIRE

CHAPTER ONE

INTRODUCTION

Auditing is the independent examination of financial statement of an organization with a view of expressing an opinion as to know whether those statements give a true and fair view and complies with the relevant status. This opinion is expressed in the form of a report. The person carrying out such an examination is known as an auditor. The auditor has not reviewed the financial statement only, he also carried out a skillful and careful examination of the records of the organization in order to ensure that the financial statement are a reflection of the affairs of the organization as appeared in those records.

It is important to appreciate that for any procedure to quality as a part of the system of management audit, it must be established or at least approved by management. Hence, it is at part of the auditor to establish the system of management audit. Whenever, the auditor is involved in the establishment of audit management, heactys only in an advising capacity. Therefore, the duties of prevention and detection of frauds and errors are primarily the responsibility of management and has not form parts of the statutory responsibility of the auditors.

Naturally, there are two types of performance. The managers and the upper level managers performance. The managers in the other hand are the joint of most audit firms (controller of the resources of the organization). They are engage in the planning. Controlling reviewing and at times, the direct supervision of both individual engagement and a group of audit management or engagement simultaneously. The thorough completion of the audit work and adherences of laid down standards are the primary responsibilities of the manager. We also have different categories of managers but with similar function E.g. principle managers, senior managers deputy managers and assistant managers with varying degrees of experience.

In order to prevent friction and ensure the smooth running of the organization, there should a clear structure of authority defining the responsibilities of each official or department special duties should be assigned to staff with the relevant skill and performance. To prevent bottleneck in the procedures a definite arrangement should be made for staff to take their annual vocation to replace those who are absent. It is in thee process and context that management audit starts.