Audit Committee Attributes and Financial Reporting Quality of Commercial Banks in Nigeria
DOI:
https://doi.org/10.67224/ioasdjbms.2026.v03i01.002Keywords:
Audit committee attributes, independence, financial expertise, financial reporting quality, faith representation and reliabilityAbstract
This study examined the relationship between Audit Committee Attributes and Financial Reporting Quality of Commercial Banks in Nigeria. The study examined the dimensions of Audit Committee Attributes as Audit committee independence, Audit committee financial expertise and Audit committee meeting. Financial Reporting Quality was measured in terms of Faithful representation, Reliability and comparability. Technology was the moderator variable. The study adopted the cross-sectional research survey design. Primary data were generated through structured questionnaire. The population of this study is the twenty-four commercial banks in Nigeria. The sample size consists of ninety-six staff from twenty-four commercial banks of Nigeria. Four staff were selected from each of the banks. The validity of the instrument was ascertained through presenting the instrument to the experts who assessed the suitability of the instrument for measuring the variables under study. To determine the reliability of the instrument, the instrument was presented to group of staff in the organizations. Cronbach Alpha was then used to determine the reliability index which gave a value of 0.7. The hypotheses were tested using the Pearson’s Product Moment Correlation Analysis with the aid of Statistical Package for Social Sciences version 24.0, while the partial correlation was used to test the moderating effect of technology. The tests were carried out at a 0.05 significance level. Findings revealed that there is a significant relationship between Audit Committee Attributes and Financial Reporting Quality of Commercial Banks in Nigeria. Specifically, all the dimensions of Audit Committee Attributes and all the measures of Financial Reporting Quality of Commercial Banks in Nigeria all revealed statistically significant correlation. Therefore, this study concludes that audit committee attributes correlate positively with financial reporting quality in commercial banks in Nigeria. Hence the study recommends that Proper policies should be employed in the operation of the audit committee to ensure the financial reporting quality of commercial banks in Nigeria.
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Copyright (c) 2026 Chile Umezurike Ordu (Author)
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
