VALUATION OF AUDITING AND ACCOUNTING IN THE PUBLIC SECTOR (CASE STUDY OF TEACHING SERVICE COMMISSION, ADO EKITI, EKITI STATE)

Student: Blessing Oluwasegun Alade
Supervisor: Mrs Ayotunde A.a
HOD: Mrs Ayotunde A.a
Department of Accountancy
Business Studies
Crown Polytechnic, Odo, Ado-Ekiti, Ekiti State

Abstract

This project is made primarily to analysis the importance of auditing and accounting in the public sector services with special reference to Ekiti State teaching services commission. The research focus on the duties of internal auditing system and accountability such as poor record keeping, the absence of standard internal audit manual, scope of work job hazard, annual accounts in arrears, satisfactory condition of services and inadequate personnel. The project examines some particular issues which include sources of revenue, staffing and the control measures put in place to guide against mismanagement of fund. This project concludes with recommendation on how to improve the standard of auditing system and accountability in the commission.

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