INFLUENCE OF ATTRIBUTES OF AUDIT QUALITY ON RETURN ON ASSETS: A STUDY OF SELECTED QUOTED MANUFACTURING FIRMS IN NIGERIA

UDEH, Sergius Nwannebuike and Enekwe, Chinedu and Okwo, Ifeoma M. (2020) INFLUENCE OF ATTRIBUTES OF AUDIT QUALITY ON RETURN ON ASSETS: A STUDY OF SELECTED QUOTED MANUFACTURING FIRMS IN NIGERIA. Journal of Accounting Information and Innovation, 6 (1). pp. 6-8. ISSN 4243 – 406X

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Abstract

This study investigated the influence of attributes of audit quality on return on assets of selected quoted manufacturing firms in Nigeria from 2006 to 2016. Its specific objectives were to examine the effect of audit firm size and auditor’s tenure on return on assets of quoted manufacturing firms. Ex-post facto research design was employed. Secondary data from published financial statements of 24 out of the 80 quoted manufacturing firms on the Nigerian Stock Exchange were used. Stratified purposive random sampling technique was utilized to select the sample size. Ordinary Least Square statistical method was the analytical tool. It was discovered that audit firm size had a positive and significant effect on return on assets of quoted manufacturing firms in Nigeria, among others. It was therefore, concluded that attributes of audit quality influence return on assets of quoted manufacturing firms in Nigeria.The study recommended, in addition to others, that auditors should be given subsequent opportunities for any audit assignment as this will enable them to discover inadvertent errors thereby improving the quality of the audit.

Item Type:	Article
Subjects:	H Social Sciences > HG Finance
Divisions:	Faculty of Management and Social Sciences
Depositing User:	mrs chioma hannah
Date Deposited:	03 Mar 2020 09:05
Last Modified:	03 Mar 2020 09:05
URI:	http://eprints.gouni.edu.ng/id/eprint/2549

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