THE CHALLENGES FACING THE CORPORATION(A CASE STUDY OF NIGERIAN PORTS AUTHORITY PLC)

This researches the challenges facing the internal auditors in public corporation. A case study of Nigerian Port Authority, Lagos is impartial fulfilment of the condition for the award of Higher National Diploma in Accountancy. It contains useful information on the Internal Audit procedure to the entire department in the authority coming with the scope of audit function. It discusses the weaknesses in the system and suggests way of improving these weaknesses. The recommendation contained there in if prudently implemented will go a long way in alleviating the problem passed by these weakness, facts and figures used in this research work were derived from published journals and various book use in the Authority including questionnaire. The management should make the implementation of the recommendations contained in this research a matter of urgency, so as to remedy the weaknesses in the system.