Internal Control System in the Nigerian Tertiary Institutions
Internal control systems play a vital role in achieving the objectives of an organization. This study assessed the internal control system of tertiary institutions in Nigeria using four tertiary institutions in South West, Nigeria. Data was collected through primary source using questionnaire. The method of data analysis was descriptive statistics. Findings revealed that many components of internal control system are properly situated except that the internal audit unit of those institutions are not independent. The study therefore recommends that internal audit unit should have an independent department and the head of that department should report directly to the highest level of management within the institution