INTERNAL CONTROL: EVALUATION OF THE IMPACT ON MANUFACTURING SECTOR IN NIGERIA (A CASE STUDY OF CADBURY PLC.
Abstract
This study was designed to examine internal control: evaluation of the impact on manufacturing sector in Nigeria. The objective of the study is to determine how effective is internal control system in manufacturing sector in Nigeria. This study adopts the ex-post facto design. The population of the study comprises of 80 which constitute members of staff of Cadbury Plc. The study will make use of primary data as main source of data collection for the study. The finding revealed that that Since 35.863> 22.362, at 5% level of significance we reject the null Hypothesis that effective is internal control system in manufacturing sector in Nigeria. Hence, the alternative hypothesis is accepted which state that there is no effective is internal control system in manufacturing sector in Nigeria Based on recommendation, Management should constant internal control system tend to help in organization development. This is achieve able by ensuring that: authorities and audit committee meet on regularly to review performance of the organization. Also, There should be effective in internal control system in manufacturing sector in Nigeria, training on the jobs to acquire more experience as well as constituting the necessary human resources policies to motivate employees and ensure that integrity and ethical behaviour are the priorities of the organization
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