Auditing is AN freelance checking, investigation, examination and expression of the books of accounts and vouchers of a commercialism with a read to alter the appointed auditor to report whether or not the commerce, profit and loss accounts and record are properly needed therefore on show a real and truthful read of the state of affairs and also the profit or loss of the business consistent with the simplest data and clarification obtained by the auditor which they suits the arranged down rules and laws of the statement of normal accounting product (SSAP) and different statutory laws.

Internal control system: this could be delineate acording to auditing guideline (AG 204) as “the whole system of controls, money and otherwise, established by the management so as to hold on the commercialism in AN orderly and economical manner, guarantee adherence of maangement policies, safeguard its assets and secure as this as attainable the completeness and acccuracy of records” so this involves each internal check and audit.
Internal Check: This shortly refers to the tactic (techniques) of organizing and arraning the whole operation of workplace, plant and enhousing and also the duties of various workers so risk of fraud, errors, irregularities and mismanagment can virtually be not possible while not conclusion. that’s regular transactions, segregation of duties and job performance in a company.
Internal Audit: this can be refers to AN freelance appraisal of activities among the organization of the check of sure operations as a service to the maangement, therefore, it’s the maangement management to functions by the means that of evaluating and measurement the potency and effectiveness of different controls or checks. Meanwhile, the inner audit can make sure that some specific routine work ar carrryout by the departments which the arranged down procedures is sufficiently carry-out by all applicable areas in addition as creating recommendations to the management.

1.1 BACKGROUND OF THE STUDY
Auditing in its daily ANd primitive stage will in an existence since sixteenth Century, begin once the primary relationship began between World Health Organization|those that|people who} provided capital and people who managed the business.
Moreover, the innovation of joint stock corporations has hugely widened the possiility of raising capital for trade. As a results of the financial obligation of the shareholders, it become attainable to supply shares for subcription to the general public and so, the provision of capital to each trade and start. “Stewardship”

Meanwhile, underneath the corporate from of business enterprises, the shareholders as someone, delegate the management of the enterprise to the board of administrators and much, the board submits to the shareholders the account of the enterprise so its members may even see a trur and truthful read of the money position and also the profit and loss endeavor. Thus, in nineteenth century, the greatly arose ANeed by the shareholders as a body to appoint an auditor which will facilitate within the presentation of statutory finances of the board of administrators so as to indicate true and truthful read of the money position of the corporate.

However, in twentieth century, obligatory provision as demand created for the audit to financial obligation accounts and presentation of audit report back to numbers by the corporate acts in African country have company or corporations and Allied Matters Act (CAMA) 1990.

1.2 STATEMENT OF the matter
This study is largely involved with discussing ANd critical an assessment of effective internal audit and management within the public sector. And conjointly a way to answers some connected queries like;

however has the effective internal audit and management affected the general public sector over some years?
however will the effective system of internal audit management have an effect on management policies towards records keeping, risk of fraud and errors, misdirection, job functions and correct coordination.
however will the system pay attention of vouchers, payable, bank reconciliation statement and interference of overpayment in addition as

OBJECTIVES OF THE STUDY
to obviously demonstrate the impact effective control and audit within the public sector.
to obviously and effectively specify the adequate management and mnaagement mechanisms to place in place within the public sector.
to point the performance scope of control and audit within the public sector towards quality of monetary data, organization’s growth, up it potency at the prices lower as attainable improvement of social surroundings.
to obviously make a case for the system audit general description on govt a continuing analysis of a central authority. And organization’s coverage watching team so the management.
to create attainable contribution to human data in addition as reduction or interference in management, risk of fraud, irregularities and errors.

1.4 analysis HYPOTHESIS
The main aim of public sector is for service (satisfaction) whereas internal cotrol and audit is for maintennace and keeping of correct, complete and valid money records and dealing daily in addition as safeguard of assets so as to forestall and eliminate errors and fraud. so public sector, significantly company affairs commision (CAMA) in the meantime, the subsequent hypothesis are tested within the course of the study.

Null Hypothesis (Ho): the accuracy, completeness and validity of monetary records and maintenance, safeguard and custody of assets of a company in addition because the elimination and interference of fraud, errors, irregularities and misdirection don’t tally with the potency and effectivenes of effective internal audit and management within the public sector.

Positive Hypothesis (H1): The accuracy, completeness and validity of monetary records and maintenance, safeguard ANd custody of assets of an enterprise in addition because the elimination and interference of fraud, errors, irregularities and misdirection don’t tally with the potency and effectivenes of effective internal audit and management within the public sector.

1.5 SIGNIFICANCE OF THE STUDY
The significance of this analysis study is to fish out the potency and quality of strict adherence of the effective control and audit towards public sector in African country because it have an effect on.

The effective management policies towards the upkeep, safeguard and custody of assets publically sector.
The strict mnagement policiies towards day to day transactions (activities), records because the salaries and wages of the commission so as to forestall and eliminate the danger of fraud errors, irregulaties and misdirection within the public sector and otherwise.
the requirement to facilitate government interest towards the getting-up public sector or corporation (enterprises) wihtout being punicky of fraud, errors, irregularities and misdirection within the public enterprises.

1.6 SCOPE OF THE STUDY
The study is AN assessment of effective internal audit and management victimization company attain commision Kaduna branch as case study. The study restricted itself to the inner management and audit of the commission. Therefore, it’s supported the examinations and investigation of control system and audit procedure so as to determine the potency and effectiveness of management policies towards fraud, error, irregularities and misdirection interference throughout the year.

Meanwhile, the management on the reassurance of watching the registration fees, daily records and transactions, salaries and wages that’s the compensation of the workers in addition because the maintenance, safeguard and custofy of assets of the comission.

1.7 HISTORICAL BACKGROUND OF THE CASE-STUDY
The corporate affairs commision (CAC) was established and incorporated in African country by section one. of CAMA 1990 as a acrognm of corporations and Allied matters act 19090 to replaced the previous company written account. Before this Act, the corporate written account was a part of theministry of trade and commerce. expertise showed that this arrangement wasn’t effective since adequate time and funds weren’t directed towards an important space of the state is economy like company formation, registration, management and administration.

Moreover, the commission was established as a company body, with perpetual succession and a typical seal, capable name and deed, holding and disposal of all mobile and stabile for the aim of its operate.

Meanwhile, the commission has its headquarters in capital of Nigeria the federal capital terriroty (FCT) and branches or subsidaries unfold everywhere the federation consistent with section one (3) of CAMA 1990. The decentralization of power little question reduces the handship AN expense of reaching the previous company written account underneath the previous framework.
1.8 DEFINITION OF TERMS
Planning: this can be the method of thining before activating. it’s the foremost basic management operate, that involves choice from among different duture worse of action so as to realize a fascinating goal. Therefore, it’s the operate t etermine wherever we tend to ar and wherever we tend to ar supposed to be in accomplishing the structure goal.

Policy: this can be the final statement or understanding as arranged down principles, normo, ethics ANd pointers and channel thinking in higher cognitive process in an organization towards its target goal.
Organization: this I sdefined because the according to henry Foyol as “providing a business with everything necesssary or helpful to its functions e.g. raw materials, tools, equipment, cash and men”.

Management: It are often outlined is that the economical and effective utilitization of human, social, political, economic and material resources for the acomplanish of the set of goal within the organization.

Responsibility: this can be associate act of workout authority or influence to examine that duties area unit performed.

Control: it’s the flexibility of management to induce subordinates to figure towards cluster goal confidently and kindness.

Accounting: is that the atc of recording, classifying, selecting, analyzing, decoding and act the monetary transactions of a company to induce or modify users to form monetary assesment and call.

Audit: it’s associate freelance examination associated expression of opinion on the budget of organization by an appointed auditor in accordance to the terms of his engagement and in compliance with any relevant stutory obligation and profession necessities.

Examination: this implies going into study of a specific plan info and fuel so as to induce the $64000 issue all told.

Independency: this implies having 5 mind or liberty (freedom) in workout one’s right while not interference from outside. Therefore, in keeping with skilled or accounting profession, it suggests that atitude of mind that is characterised by intergrity and perspicacity.