The Impact Of Internal Control Systems On The Performance Of Small And Medium Scale Enterprises In Ilorin Metropolis

CHAPTER ONE 1.0 INTRODUCTION 1.1 Background of the study Every organisation both profit and non-profit has its objectives and goals in mind to achieve (Chukwu, 2012). For a profit making organisation, the goal is to satisfy the expectation of the owners through the maximization of expected return on capital. The size and scope of Small and Medium Scale enterprises may be small but they still require efficient running of their organization. This is where internal control becomes relevant. As a result of the increase in accounting scandals in recent years, the internal control function has recei…