AUDIT COMMITTEE AND EARNINGS MANAGEMENT OF LISTED INDUSTRIAL GOODS FIRMS IN NIGERIA
Keywords:
Audit Committee size, Audit Financial Expertise, Earnings ManagementAbstract
The study examined the effect of audit committee on earnings management of quoted industrial goods firms in Nigeria from 2012-2022 using a sample of eleven (11) industrial goods firms. Ex-Post Facto research design was employed while secondary data were collected and subjected to Panel Least Square Regression Analysis and Pearson Correlation Analysis in order to achieve the study objectives. Audit committee, which is the independent variable, was measured using audit committee size and audit financial expertise; whereas, earnings management which is the dependent variable was measured using discretionary accruals. Results of this study revealed that audit committee size and audit committee independence have a significant positive effect on discretionary accruals at 5% level of significance. This study recommended among others that there is the need for regulators like Securities and Exchange Commission (SEC) to increase the minimum number of members with financial expertise in the audit committees, since audit financial expertise plays significant role in checkmating the financial reports provided by managers and in reducing the occurrence of earnings management.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2023 Journal of Global Accounting
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Articles submitted to JOGA should not have been published or are currently under review by another Journal. Kindly see the guide for the preparation of the manuscript for details. Successful submission of articles by author(s) for publication clearly implies that the work is not an infringement of any existing copyright warranty as JOGA reserves the right to be indemnified by the author(s) where any breach of such warranty is proven. For ease of dissemination and to ensure proper policing of use, papers and contributions become the legal copyright of JOGA once published unless otherwise agreed.
Permission clearance should be obtained by the author(s) where applicable for the use of any content of interest not originally created by them. This must be done before the submission of the article to JOGA. Failure to do so may lead to a lengthy delay in publication, as JOGA is unable to publish any article which has permissions pending. Thus, the rights JOGA requires are:
- Non-exclusive right to reproduce the material in the article or book chapters.
- Print and electronic rights.
- To use the material for the life of the work (for instance, there should be no time restrictions on the re-use of material).
Where tables, figures or excerpts of more than 250 words are reproduced from another source, it is expected that:
- Author(s) should obtain the necessary written permission in advance from any third-party owner of the copyright for the use in print and electronic formats of any of their text, illustrations, graphics, or other material in their manuscript. Permission must also be cleared for any minor adaptations of any work not originally created by the author(s). The author (s) should not assume that any content freely available on the web is free to use.
- Where the author adapts a significant number of any material, the author(s) must inform the copyright holder of the original work.
- Author obtains any proof of consent statements
- The author must acknowledge figure(s) and content adopted or adapted in work utilizing source(s) and further capture them in the list of references.
