Effectiveness of Internal Control Systems of Nationalized Banks of Bangladesh: Internal Auditors Perspective

1.1 Origin of the Report:

Although total B.B.A. program combines an excellent blend of theoretical and classroom knowledge but aside this internship program facilitates a student to bring light on their theoretical knowledge to apply this in practical ground. This report has been prepared as an internship report which is a mandatory requirement for successful completion of BBA program under Stamford University, Bangladesh and which aims to reflect the professional view of real world working experience and environment.

As a student of BBA, Major in Accounting, internship is an academic requirement. For doing internship every student is required to work in a selected institution to enhance ones practical knowledge & experiences.

For my internship I was sent to the Janata Bank Limited (JBL), under the supervision of Ms. Rehana Fowzia, Assistant Professor, Department of Business Administration Stamford University Bangladesh. My supervisor asked me to prepare a report on internal control system of nationalized banks of Bangladesh in internal auditor’s perspective including a survey questionnaire. I personally was so interested about the topic. That’s way I have chosen the topic “Effectiveness of Internal Control Systems of Nationalized Banks of Bangladesh: Internal Auditors perspective”.

1.2 Objectives of the Report:

The objectives of the report are:

1. To overview of Janata Bank Ltd.

2. To be become familiar with different activities of nationalized banks of Bangladesh specially Janata Bank Ltd.

3. To overview of internal audit and internal control systems.

4. To find out effectiveness of internal control systems of nationalized banks of Bangladesh in internal auditor’s perspective.

5. To suggest some possible solutions that will increase the effectiveness of internal control system of nationalized banks of Bangladesh.

1.3 Scope of the Report:

The report describes the Effectiveness of Internal Control...