Measures of Audit Quality: Evidence from Nigeria

International Journal of Economics and Management Studies

© 2018 by SSRG - IJEMS Journal

Volume 5 Issue 12

Year of Publication : 2018

Authors : Kingsley N. Ashibogwu and Kayode O. Bankole

10.14445/23939125/IJEMS-V5I12P105

How to Cite?

Kingsley N. Ashibogwu and Kayode O. Bankole, "Measures of Audit Quality: Evidence from Nigeria," SSRG International Journal of Economics and Management Studies, vol. 5,  no. 12, pp. 25-30, 2018. Crossref, https://doi.org/10.14445/23939125/IJEMS-V5I12P105

Abstract:

The objective of this study was to investigate the determinants of audit quality in oil and gas companies listed on the Nigerian Stock Exchange (NSE). To achieve this objective, eight out of the twelve oil and gas companies listed the Nigerian Stock Exchange were sampled. Ordinary Least Square method of regression analysis was used to analyse the data gathered with the use of EViews version 7.0. The result of the regression indicate that there is relationship between the dependent variable (audit quality) and the independent variables (audit fees, audit tenure, client size, growth rate, leverage and return on total assets). The study recommend that government should enact laws to regulate audit fees and provide clear definition of period external auditor or audit firm can occupy office with the same client.

Keywords:

 audit quality, audit fees, audit tenure, client size, growth rate, leverage, return on total assets

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