Auditors Report And Its Impact On Business Organization

(A CASE STUDY OF FIRST BANK NIG. PLC) CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY In the early civilization, the method of recording accounts were so crude and the numbers of transaction to be recorded were small and as such every individual was able to put down all his transaction. As man became more civilized, system of checks were applied to their public account thus increasing the need for some system of checks upon persons, whose business was to record the receipt of disbursement of money on behalf of others. The ancient records of auditing are continued principally to public acc…