Abstract:
This research assesses the effectiveness of the internal auditors by assessing
the factors which determine the Ghana Water Company internal audit
effectiveness. The research design selected for this study was exploratorydescriptive
and Cross-sectional design. This design was selected because it is
flexible and a lot of information could be gathered in the course of the
research. The purpose of this study was to carry out an investigation the
efficiency and effectiveness of audit unit of the Ghana Water Company.
The researcher used exploratory study design to describe the independent and
dependent variable at the Ghana Water Company offices in Central Region.
The researcher administered questionnaire to 25 purposively selected
respondents’ which included accountants, internal auditors, and other category
of staff working in various branches of Ghana Water Company in Central
Region. The findings showed audit committee existed in the organisation
the overall rating on Improvement of control system, risk management and
corporate governance was high meaning that they tend to agree that
Improvement of control system, risk management and corporate governance
was done based on internal auditors recommendations. We can conclude that
both stakeholders and internal auditors themselves recognize the critical focus
of management under internal audit is analyzed, which require the
fundamental rethinking of the internal audit strategy. Therefore internal audit
unit of the Ghana Water Company functions effectively and efficiently.
