INTERNAL AUDIT AND QUALITY OF FINANCIAL REPORTING IN THE PUBLIC SECTOR: THE CASE OF UNIVERSITY FOR DEVELOPMENT STUDIES

Many corporate failures have occurred over the years as a result of poor financial reporting practices that eluded investors and other consumers data. The research used University for Development Studies (UDS) case study. study focused on three main goals: identifying emerging determinants quality reporting, examining efficacy adequacy UDS's internal control structure, determining how much Internal Audit contributes to reporting. descriptive survey template sample size 70 people who were chosen using purposive stratified sampling techniques. To achieve objectives one two, analysis binary regression, while objective three, Best (2005) index was updated used. Financial accuracy, computerized accounting system, personnel competence found be in It discovered UDS' system is ineffective since two five components make up an efficient namely environment information communication, are not properly implemented. audit reflects average level fraud prevention terms robustness auditing processes indicators, with remaining indicators indicating high prevention. Overall, reveals degree should analyze, define, enforce setting, information, communication appropriate their work processes, well enhance existing components, according report.
 Keywords: Audit, Reporting, Public Sector, Ghana.