Determinants Of Audit Quality and Corporate Disclosure of Listed Consumer Goods Companies in Nigeria

Abstract

The study examined the determinants of audit quality and corporate disclosure of listed consumer goods companies in Nigeria. The study employed an ex post facto research design. Ordinary least squares (OLS) regression was used to analyze data goods. The study covered a period from 2015 to 2020. The study found that audit size, audit fee, and audit tenure all have a positive but insignificant effect on corporate disclosure of Nigerian listed consumer goods companies. As a result, it is suggested that consumer products businesses in Nigeria strive to completely integrate worldwide best practices in disclosing the firm's financial activities, despite approved audit reports on their financial statements. The quality of audits in Nigeria does not influence the level of corporate disclosures; hence, organizations that rely on auditors' certifications risk losing investor confidence. This is because the initial global crisis attributed to auditors and their reports had a far-reaching effect, prompting investors to go beyond audit reports to analyze organizations' performance by the amount of corporate disclosure.