INTERNAL CONTROLS AS AN EFFECTIVE MECHANISM FOR ACHIEVING LOCAL GOVERNMENT OBJECTIVES IN CROSS RIVER STATE, NIGERIA

Abstract

The purpose of the study was to confirm whether internal control mechanisms and the level of compliance in Cross River State local government councils are very adequate for the achievement of their objectives and goals. The research adopted a survey methodology through the use of questionnaires and oral interview to solicit for responses from staff selected from the 18 Local Government Councils in Cross River State. A purposive sample size of 36 staff was selected from the internal audit, the finance and administrative departments respectively of the Local Government Councils. The data collected was analyzed using the regression model and descriptive statistics. The regression results statistically revealed that both existing internal control system and the level of compliance with internal control principles in Cross River State local governments are not adequate to enable the achievement of their objectives and goals of the local governments. The researcher recommended the engagement of regular external consultants to review and update the internal control mechanisms used by Local Government Councils in Cross River State, Nigeria.