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TABLE OF CONTENTS

CHAPTER 1: Introduction
1.1 Background of the Study
1.2 Statement of the Problem
1.3 Research Questions
1.4 Objectives of the Study
1.5 Significance of the Study
1.6 Limitations of the Study
1.7 Scope of the Study

CHAPTER 2: Literature Review
2.1 Concept of Internal Audit
2.2 Role of Internal Audit in Banking
2.3 Importance of Internal Audit in Banking
2.4 Challenges Facing Internal Audit in Banks
2.5 Best Practices in Internal Audit in Banking

CHAPTER 3: Research Methodology
3.1 Research Design
3.2 Data Collection Methods
3.3 Sampling Techniques
3.4 Data Analysis Methods

CHAPTER 4: Discussion of Findings
4.1 Overview of Internal Audit Practices in Banking
4.2 Effectiveness of Internal Audit in Banks
4.3 Recommendations for Improvement

CHAPTER 5: Conclusion and Summary
5.1 Summary of Findings
5.2 Conclusion
5.3 Implications for Practice
5.4 Recommendations for Future Research

PROJECT OVERVIEW

The Role of Internal Audit in Banking
Internal audit plays a crucial role in ensuring the effectiveness and efficiency of banking operations. This project aims to investigate the role of internal audit in banking institutions and its impact on risk management, internal controls, and overall governance.

The study will begin by providing an overview of internal audit in the banking sector, including its importance and challenges. It will then delve into the literature review to examine best practices and the current trends in internal audit in banking.

The research methodology will involve a quantitative approach, utilizing surveys and interviews with internal auditors in banking institutions. The data collected will be analyzed to assess the effectiveness of internal audit practices in banks and identify areas for improvement.

The findings of the study will be discussed, highlighting the key insights and recommendations for enhancing internal audit functions in banking institutions. The conclusion will summarize the findings and provide implications for practice, as well as suggestions for future research in this area.

Overall, this project will contribute to the understanding of the role of internal audit in banking and provide valuable insights for enhancing the internal audit function in banks to better manage risks and improve governance.

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