Browsing by Author "Otibo Ezekiel"

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    An assessment of internal audits effectiveness of construction firms in ghana: a case study of space schedulers company limited
    (KNUST, 2023) Otibo Ezekiel
    The study adds to the global debate on private sector audit by examining whether internal auditor independence, internal auditor competence, and control environment affect internal audit effectiveness in construction firms using Space Schedulers Company Limited (SSCL) as a case study. The study uses descriptive and explanatory designs using quantitative analysis to achieve research objectives. The study uses seventy respondents across various units directly related to auditing procedures and employs the Ordinary Least Square (OLS) model and other statistical analyses to achieve the study's objectives. The study finds that the efficiency of private sector audits in Ghana's construction sector is due to internal audit competencies and control of environmental systems. The study recommends that internal auditors are encouraged to be professionally certified accountants in evaluating auditing issues in construction firms in Ghana. Also, stakeholders such as directors, supervisors, and other top management should allow internal auditors to perform their professional obligations without fear independently to increase internal audit effectiveness. There should be proper training and education on modern technology or computerized accounting systems to help internal auditors detect financial omissions, monitor risk, and ensure adequate internal control environment systems. Other practical and theoretical implications are discussed in the study.