Audit Quality Determinants: Evidence from Quoted Health Care Firms in Nigeria

International Journal of Academic Research in Accounting, Finance and Management Sciences, 7(4), 216-231

16 Pages Posted: 26 Feb 2018

See all articles by Nestor Amahalu

Nestor Amahalu

Nnamdi Azikiwe University - Department of Accountancy

Moses Nnoruga Okeke

Independent

Obi Chinyere

University of Nigeria Enugu Campus

Date Written: February 18, 2018

Abstract

The objective of this study is to ascertain the determinants of audit quality with a focus on healthcare firms listed on the floor of Nigeria Stock Exchange from 2010-2016. This study made use of secondary data obtained from fact books, annual reports and account of selected healthcare firms under study. The relevant data were subjected to statistical analysis using Pearson coefficient of correlation, Ordinary Least Square (OLS) and Granger causality test with the aid of E-view 9.0. The result of this study revealed that there is a positive and statistically significant relationship between audit independence, audit tenure, audit firm size and audit quality of healthcare firms listed on the floor of Nigerian Stock Exchange at 5% level of significance. The study recommended among others that Audit firms should ensure that their staff are independent as this is likely to enhance audit quality.

Keywords: Audit Report, Audit Quality, Audit Tenure

JEL Classification: M17, M41, M46

Suggested Citation

Amahalu, Nestor and Okeke, Moses Nnoruga and Obi, Juliet, Audit Quality Determinants: Evidence from Quoted Health Care Firms in Nigeria (February 18, 2018). International Journal of Academic Research in Accounting, Finance and Management Sciences, 7(4), 216-231. Available at SSRN: https://ssrn.com/abstract=3125633

Nestor Amahalu (Contact Author)

Nnamdi Azikiwe University - Department of Accountancy ( email )

Awka, Anambra 23400
Nigeria
+2348063393668 (Phone)

Moses Nnoruga Okeke

Independent ( email )

No Address Available
United States

Juliet Obi

University of Nigeria Enugu Campus ( email )

Department of Accountancy
Box 15540, Enugu
Enugu, NC Enugu 234
Nigeria

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
82
Abstract Views
830
rank
315,916
PlumX Metrics