Internal Audit As A Tool For Efficient Performance In An Organization

(A CASE STUDY OF PSYCHIATRIC HOSPITAL BENIN, EDO STATE) CHAPTER ONE INTRODUCTION 1.1     BACKGROUND OF STUDY Very large organization and some small ones have found a need for internal audit in addition to an external audit. Internal auditors are employee of the organization and work exclusively for the organization. Their functions partly overlap those of the external auditors and in parts are quite different.           The precise function of external auditors are either laid down by statute or embodied in a letter of engagement. The functions are determined by management and vary greatly fr…