DOI: 10.36347/sjebm.2019.v06i03.012

Pages: 257-265

The study seeks to analyse how auditors’ qualities aid in prepayment audit and the resultant effect of the synergy on the performance of public sector funded projects in Nigeria. This study adopted both an explanatory research design. The source of data was purely from secondary which used all the twenty-nine (29) ministries between 2000 and 2016. The statistical tools adopted parametric and non-parametric techniques of data analysis. In testing the hypotheses, Ordinary Least Square (OLS), multiple regression technique of analysis was employed, at a 5% level of significance (p<0.05). There was a positive and significant relationship between Audit project financial management unit Independence and ratio of the disbursed fund. There was a positive and significant relationship between Audit Financial Expertise of project financial Management unit and the ratio of the disbursed fund. There was a positive and significant relationship between Meetings frequency of audit project financial Management unit and the ratio of the disbursed fund. The paper concludes that auditors’ qualities affect prepayment audit positively and this, in turn, affect the performance of public sector funded projects in Nigeria.