Abstract: The study examined the effect of internal audit practices on allocative efficiencyof government organisations in Nigeria. The population of the study consist of 350 staff in the five surveyed government organizations in Nigeria. The study through the use of Monkey Survey, sampled 310 respondents from Central Bank of Nigeria (CBN), Nigerian Ports Authority (NPA), Nigerian Maritime Administration and Safety Agency (NIMASA), Niger Delta Development Commission (NDDC) and Nigerian National Petroleum Corporation (NNPC) and validly used 310 respondents representing 89% response rate for data analysis. Risk assessment, Asset safeguard and Auditor's independence were used as the dimensions of internal audit practices in this study. The study used allocative efficiency as both dependent and measurable variable. The study used a questionnaire to elicit information from the respondents. The study........
Keywords: Internal Audit Practices, Risk Assessment, Asset Safeguard, Auditors'
Independence, Allocative Efficiency, Government organizations
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