IRENE, FALOLA and Covenant University, Theses (2018) IMPACT OF AUDITORS INDEPENDENCE AND TENURE ON AGGRESSIVE EARNINGS MANAGEMENT: A STUDY OF LISTED BANKS IN NIGERIA. Masters thesis, COVENANT UNIVERSITY.
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Abstract
Recently, there has been recurring financial issues that has dented the level of confidence and assurance placed on the quality of reported earnings as well as the ability for audit process to detect and prevent aggressive earnings management in firms around the world,especially Nigeria . The Nigeria Deposit Insurance Corporation (NDIC) embarked on an investigation that revealed a 56% increase (from 16751 to 26182 reported fraud cases) in fraudulent activities in deposit money banks. This study in on the impact of auditor independence, audit tenure and aggressive earnings management in listed banks in Nigeria. The use of panel data regression analysis technique was employed in testing the three hypotheses which were formulated in the course of the study. Data was collected from the audited annual report of the sampled firms ranging from 2006-2016 base years analyzed using Stata statistical tool. The findings show that there is a significant relationship between audit tenure and aggressive earnings management in a firm. It was also discovered that auditor independence has a direct significant influence on aggressive earnings management in the financial statements. The result also revealed that there is a negative relationship between audit firm size and aggressive earnings management. The study conclude that there is a significant relationship between auditor independence, audit tenure, audit firm size and aggressive earnings management. The study recommends that an independent auditing regulatory body be established as well as a specile auditing training to become a professional auditor.
| Item Type: | Thesis (Masters) |
|---|---|
| Subjects: | H Social Sciences > H Social Sciences (General) H Social Sciences > HF Commerce > HF5601 Accounting |
| Divisions: | Faculty of Law, Arts and Social Sciences > School of Social Sciences |
| Depositing User: | Mrs Hannah Akinwumi |
| Date Deposited: | 06 Mar 2020 09:17 |
| Last Modified: | 06 Mar 2020 09:17 |
| URI: | http://eprints.covenantuniversity.edu.ng/id/eprint/13176 |
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