The effect of auditing on management efficiency in Umeme (u) ltd Mbale branch case study Umeme Mbale

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Date
2009-04
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Publisher
Kampala International University, College of Economics and Management
Abstract
This research was carried on the effects of auditing on the management efficiency in UMEME Limited Mbale Branch. This was because in the option of the researcher, the management department of this organization represented a typical auditing system required by most of the companies operating business under shareholders and the management officials who are not the owners of the business. The major objective of this research was to determine the degree of auditing and the efficiency of management in a business organization. After commencing the study, the researcher auditing has contributed towards efficiency management in UMEME Ltd Mbale Branch. Chapter Two contains Literature Review; it defines auditing, its effects and management that were obtained from various literatures. Chapter Three contains the methods used in data collection, these were, interview, and questionnaire methods, research design, sample size of two departments out of three that had forty respondents as the sample amidst the limitations. Chapter Four presents the findings to the study, analysis and interpretation of data obtained from forty respondents in the field out of sixty-eight who provided adequate data to the research using tables. Chapter Five involves the summary, conclusions, and recommendations to the study; hence management has been positive to auditing carried out in the organization. The auditors have the duty of examining financial statements within a short period of time and thereby ascertaining the financial position of the organization. This motivates workers towards their service in terms of quality and timeliness least their enumeration and interference with their independence thus unreliable results for management to take decisions in UMEME. It was recommended that the company should relate as much as possible to the actual practice at work and that more research should be carried out on the relationship between the elements of classroom auditing and management which must not only be studies in research, but the actual practice must be put at the jobs observed by auditors.
Description
A research dissertation submitted in fulfillment of the requirement for the award of the Bachelors Degree of Business Administration of Kampala International University
Keywords
Auditing, Management, Umeme, Mbale BBranch
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