Co-operative Audit is one of the statutory duties of the Co-operative director, is the act of examining the account book of co-operative societies to insure accountability in the management of co-operative fund. This aspect of the duties of co-operative director is very essential to the viability of co-operative societies towards the attainment of co-operative objectives.

Inspite of the importance of co-operative auditing to the development of co-operative it has been observed that there are many problems associated with co-operative auditing. This have propelled the researcher to embark in the project works.

This project work covers the problems associated with Co-operative Auditing (A case study of Nsukka L.G.A). This work will be in five chapters:

Chapter one deals with introduction, background of the study, statement of the problems, objectives of the study, significance of the study, scope and limitations of the study.

Chapter two examines the past related literature to the topic of the project and relates them to the study on hand for sure that the process adopted in this study is right.

Chapter three deals with the design of this study, methods and procedure used in collecting data and the method of data analysis.

Chapter four deals with data presentation analysis and discussion of the findings of the research work.

Chapter five covers the recommendation and conclusion of the research project based on the outcome of the research work.

TABLE OF CONTENTS

Title page i

Approval page ii

Dedication iii

Acknowledgement iv

Abstract v

Table of Contents vi

CHAPTER ONE

1.0 Introduction

1.1 Background of the study

1.2 Statement of the problems

1.3 Objective of the study

1.4 Significance of the study

1.5 Research Questions

1.6 Scope and Limitations of the study

CHAPTER TWO

2.0 Review of Related Literature

2.1 Need for Auditing

2.2 Features of Co-operative Audit

2.3 Problems of Co-operative Audit in Enugu State

2.4 Importance of Audit to Co-operative Society

2.5 General Principle of Auditing

CHAPTER THREE

3.0 Research Design and Methodology

3.1 Population

3.2 Research Sample

3.3 Survey Method

CHAPTER FOUR

4.0 Presentation, Analysis and Interpretation of Data

CHAPTER FIVE

Summary of Findings, Recommendations and Conclusion

5.1 Summary of Findings

5.2 Recommendations

5.3 Conclusion

Questionnaire

Bibliography

CHAPTER ONE

INTRODUCTION

An audit is independent examination and expression of opinion on the financial statement of an enterprise by an appointed auditor in pursuance of that appointment and in compliance with any role statutory obligation. an audit involves an examination or investigation of the statement in figure from relevant evidence with the objective of enabling the auditor to make a report on the state of statement. Also is the examination of business transactions with a view of ensuring that the balance sheet and the Profit and Loss account give a true and fair view of the financial statement, that is, the examination of accounts to see that they are in order.

Auditing is of two steps: The first being the process of gathering evidence relating to transactions, and the other being the function of reporting to the members of the enterprise as to whether the financial statements show a true and fair view of the state of affairs of the enterprise and the profit or loss for the year ended on that date. In the case of a statutory audit, the matters to be reported upon are laid down in the companies act or in other relevant