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

Erhirhie, Felix E.; Ezejiofor, Raymond A.

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

Authors:
Ezejiofor, Raymond A. | Erhirhie, Felix E.
DOI:
https://doi.org/10.31142/ijtsrd18867

Cite This Article :

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, pp.1235-1244, URL: https://www.ijtsrd.com/papers/ijtsrd18867.pdf

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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.

Keywords :
Audit Quality, Financial Performance, Deposit Money Banks in Nigeria

Publication Details:

Unique Identification Number : IJTSRD18867

Published In : Volume-2 | Issue-6, October 2018

Page Number(s) : 1235-1244

Publisher Name : IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470

Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

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