1.1 BACKGROUND OF THE STUDY
It is a known fact today that most companies functioning effectively as fail to do so has their glory ordeal tested on the management acumen (ability to understand and judge clearly). This mean s that the financing and management of any organization is the prerequisite for the success of such organization be it bottling company manufacturing or services organization.
In view of the above, the need for effective company or organization and operation of good internal control arises.
Internal systems are designed to ensure that the business concern is carried out in line with well-defined objectives and goals. The system of internal control is important in any organization which statutory responsibility is to ensure that proper accounting records are kept and annual accounts are presented to the members.
This responsibility can be effectively discharge by the management of this organization by installing a system of internal control to ensure that the Nigeria breweries plc, the employees of the company properly carry out operation. The management can then rely on this system for theproduction of reliable management information, adequate financial reports, prevention of errors and detection of fraud and loss of company asset