Effect of Audit Quality on Financial Performance Evidence from Deposit Money Banks in Nigeria

Abstract

This study investigates the effect of audit quality on the financial performance of deposit money banks in Nigeria. The study adopted ex post facto research design, data for the study were collected from annual reports and accounts of quoted Nigerian deposit money banks. Regression analysis and coefficient correlation were employed to test the formulated hypotheses. Findings revealed that there is a significant effect between audit quality and financial performance of Nigerian deposit money banks. Based on this, the study recommends among others that the management of deposit money banks in Nigeria should increase the number of foreign directors that have skills, experience and would like to protect their integrity, reputation and professional competence. Ezejiofor, Raymond A. | Erhirhie, Felix E. "Effect of Audit Quality on Financial Performance: Evidence from Deposit Money Banks in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-2 | Issue-6 , October 2018, URL: http://www.ijtsrd.com/papers/ijtsrd18867.pdf

Authors and Affiliations

Keywords

Related Articles

3D Printing

The fundamental point of our task is utilizing shrewd blocks in development field with the assistance of 3D printing. The benefit of utilizing this technique is to manufacture excessively mammoth structures with inventiv...

Masturbation, Its Facts and Myths

Masturbation is the act of touching one's own genital for achieving sexual arousal to have an orgasm. It is a very common thing to do. We are living in 21st century so there is nothing wrong to discuss about it and it ne...

Understanding of the Importance of Mother Tongue Learning

Mother tongue is valuable due to several reasons. Mother tongue is vital in framing the thinking and emotions of people. Learning to speak in the mother tongue is very necessary for a child’s comprehensive development. B...

Strategic Orientation and Service Quality of Mobile Telephone Network MTN in Selected States in Nigeria

Strategic orientation is an important factor for organizations, sustainable competitive advantage, firm growth and financial performance. Strategic orientation is capable of creating organisational direction by charting...

Food Cold Chain Management System – From a Structured Theoretical Analysis to a Conceptual Framework on Perishable Commodities in India

Agricultural system always had a transition period. This transition came very slowly from production for consumption to production for marketing or for exchange. Agriculture is characterised by fairly large and year to y...

Download PDF file
  • EP ID EP411035
  • DOI -
  • Views 64
  • Downloads 0

How To Cite

(2018). Effect of Audit Quality on Financial Performance Evidence from Deposit Money Banks in Nigeria. International Journal of Trend in Scientific Research and Development, 2(6), 1235-1244. https://europub.co.uk/articles/-A-411035