Internal Audit As A Control Tool For Efficient Management In Nigerian Public Enterprises

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND TO THE STUDY The' term management was coined from the Italian word "managgiare” which connotes ‘to train horses’. It was originally used to indicate the process of training or coordinating sporting activities. Later its application was extended to the operations of government and businesses. Akpala (2001) describes management as the process of combining and utilizing organization's inputs (men, materials, money and' machine) by the mix of planning, organizing, directing and controlling activities for the purpose of producing outputs (usually goods and …