CHAPTER ONE-background of The Study
CHAPTER ONE-background of The Study
INTRODUCTION
A centurial bank has great role to over see the commercial banking system.
Central bank possesses a monopoly of printing or issuing currency that serve
as a legal tender. Due to this central banks are called issued banks. In fact of
history of banking in Ethiopia dates back to the turn of the century when in
1905 the bank of Abyssinia was established in Addis Ababa under the reign of
Minilk. This event marked the introduction of banking in the country (Mishkin
1995).
All the above mentioned point made the researchers to under take a study of
this nature. Here in this paper, the researcher wants to assess the existing
internal auditing system.
Depending on the above problem the researcher raises the following question:-