DETERMINANT OF AUDIT EFFICIENCY IN THE PUBLIC SECTOR IN NIGERIA

Abstract

The study evaluates the determinants of audit efficiency of the public sector in Nigeria. The
determinant studied is management support, the competence of internal auditors, the availability of
information technology and organizational independence. The study adopts a descriptive survey
design while ordinal regression was used for the analysis. From the analysis, it was found that
management support, competence of internal auditors and organizational independence has a
significant effect on audit efficiency however, information technology has no significant effect on
audit efficiency. The study recommends that There should be a separation of powers between the
appointing authority of internal auditors and those in charge of determining their incentives and
remuneration so as to ensure total independence of internal auditors.