Effect of Firm Size and Audit Quality on Integrated Reporting of Banks in Nigeria

Orjinta; H. I. (PhD); Ayemhenre Sunday; Udoezika David

doi:10.56201/jafm.v10.no12.2024.pg309.321

📄 Download Paper

Effect of Firm Size and Audit Quality on Integrated Reporting of Banks in Nigeria

Orjinta, H. I. (PhD), Ayemhenre Sunday, Udoezika David

Abstract

The paper x-rays the effect of firm size and audit quality on integrated reporting of banks in Nigeria. The population of the study consists of fourteen banks as at 2nd September, 2023. The objective of the study is to examine the effect of firm size, and audit quality of integrated reporting of banks in Nigeria. secondly sources of data was used. The data collected was analyzed with the use of multiple regression. A correlational and ex-post facto design was used for the study. The result of the analysis shows the importance of firm size and audit quality as factors influencing integrated reporting. The results of the analysis shows that firm size positively influences integrated reporting practices. Also longer audit firm tenue affects integrated reporting of bank. Again, greater audit firm independence enhances integrated reporting quality of banks in Nigeria. Morealso, stronger audit committee characteristics positively correlate with integrated reporting of banks in Nigeria. The paper concludes that banks with longer audit firm tenure, independent auditors, effective audit committees tend to exhibit more robust integrated reporting frame works. The paper recommend among others that banks should enhance the independence of auditors and effectiveness of their audit committee to ensure rigorous oversight of reporting practices and compliance with reporting frame works.

Keywords

Firm SizeAudit QualityIntegrated ReportingBanksNigeria

References

Aswi, R. & Nurul, H. (2019). The effect of liquidity, firm size and corporate governance towards sustainability report disclosures. Advances in Economic, Business and Management, 1(20), 279. Eilifsen, A. & Messier, W.F. (2000). The incidence and detection of misstatements: A review and integration of archival research. Journal of Accenting Literature, 19(3), 42-43. Global Reporting Initiative (2011). Sustainability reporting guidelines version 3(1). Halilu, B.R. (2022). Moderating role of audit committee on relationship between audit firm attributes and financial reporting quality of listed deposit money banks in Nigeria. Polac Management Review (PMR), 2(2), 305-309. International Integrated Reporting Council (IIRC, 2011). Towards integrated reporting: Communicating value in 21st century. Discussion paper available at www.theiirc.rg. International Integrated Reporting Council IIRC Framework. Khaled, I.A. & Zalailah, S. (2020). Audit quality: A literature overview and research synthesis. IOSR Journal of Business and Management, 22(2), 1. Latifat, A.A., Onipe, A.Y., Samuel, E.A. and Suleiman, T. (2023). The moderating role of firm size on the association between institutional ownership and integrated reporting of listed non-financial services firms in Nigeria. Benin Journal of Accounting, Finance and Forensic Science Research, 3(1), 40. Rilwanu, L. & Onipe, A.Y. (2024). The impact of corporate governance on integrated reporting. Emerald Insight Management Decision, 62(1), 370-392. Suleman, Y. & Onipe, A.Y. (202). Auditors and variability in integrated reporting gravity. International Journal of Accounting, Finance and Business (IJAFB), 8(50), 235. Ulupui, I.G.K.A., Nurdayanti, Y. Yusuf, M., Pahala, I. and Zakara, A. (2020). Integrated reporting disclosure and its implications on investor reactions. Journal of Asian Finance, Economics and Business, 7(12), 433-444. Vitolla, F., Raimo, N., Rubino, M. and Garzoni, A. (2017). The integration of CRS into strategic management: A dynamic approach based on social management philosophy. The International Journal of Business in Society, 17(1), 89-92.

Effect of Firm Size and Audit Quality on Integrated Reporting of Banks in Nigeria

Abstract

Keywords

References

More Articles from JOURNAL OF ACCOUNTING AND FINANCIAL MANAGEMENT