Abstract
The broad objective of the study is to empirically examine the impact of internal audit quality on public sector management in Nigeria. Specifically, the study examined the relationship that existed between some variables of internal audit such as financial controls, management controls, public sector efficiency and public sector management. In the study, primary data was utilized through the administration of 150 copies of questionnaire to respondents in internal audit, ministries, departments, agencies, parastatals and commission in Ondo state, but 144 copies were received. Simple percentage, descriptive statistics and categorical (general) least square were used as data analysis techniques. The findings of the study revealed that; internal audit quality such as internal audit competence (COMP), internal objectivity (OBJEC), internal audit challenges (CHAL), and internal audit performance (PERF) had a positive and statistically significant relationship with financial controls in the selected public entities in Nigeria. Internal audit quality such as internal audit competence (COMP), internal audit objectively (OBJEC), internal audit challenges (CHAL), internal audit performance (PERF) had a positive and a statistically significantly relationship with the effective management controls in the selected public entities in Nigeria. Internal audit quality such as internal audit competence (COMP), internal audit objectively (OBJEC), internal audit challenges, internal audit performance (PERF) had a positive and statistically significant relationship with public sector service delivery in the selected public sector entities in Nigeria. The study recommends that both the internal auditors and the public sector management team should participate actively in the management of public sector entities thus lead to enhance managerial performance.
 
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Highlights
Internal audit is increasingly assuming a strong separate professional status
Based on the analysis done above, internal audit quality is an integral part in the management of an organisations and the result of the analysis has shown that internal audit quality has a as significant impact on the effectiveness of financial system of selected public sector as captured by the performance of internal audit competence
Based on the result of analysis done above, internal audit quality is an integral part in the management of an organisation and the result of the analysis has shown that internal audit quality makes a significant impact on the effectiveness of management system of selected public sector as captured by the selected variables namely; internal audit competence (COMP) and internal audit challenges (CHAL)
Summary
Internal audit is increasingly assuming a strong separate professional status. it has experienced considerable expansion all over the world for the previous few eras now. According to Millichamp (2000), internal audit is viewed as an independent appraisal function established within an organization to examine and evaluate the activities of an organization as a service to the organization. The Chartered Institute of Public Finance and Accountancy (CIPFA) as cited by Johnson (2000:47), defined internal audit as "an independent appraisal within an organization for the review of activities as a service to all levels of management. It is a control which measures, evaluates and reports upon the effectiveness of internal control, financial and otherwise, as a contribution to the efficient use of resources within an organization.". There is the need to examine their responsibilities, functions and consequent impact on the Nigerian public sector services which constitutes our focus of study
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