Financial Accounting and Auditing in the Era of Sustainability Reporting: Evidence from Nigerian Listed Firms

Avendei; Mathias

doi:10.56201/wjfir.v10.no6.2026.pg22.28

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Financial Accounting and Auditing in the Era of Sustainability Reporting: Evidence from Nigerian Listed Firms

Avendei, Mathias

Abstract

This study examined the relationship between financial accounting, auditing, and sustainability reporting among listed firms in Nigeria. The increasing demand for transparency, accountability, and environmental responsibility has transformed traditional accounting and auditing practices across the globe. The study specifically investigated the effect of sustainability disclosure on financial reporting quality, audit quality, and corporate performance of Nigerian listed firms. Ex-post facto research design was adopted, while secondary data were sourced from annual reports of selected listed manufacturing and non-financial firms in Nigeria from 2018–2024. Panel regression analysis was employed using E-Views. Findings revealed that sustainability accounting disclosure significantly improves financial reporting quality and enhances corporate transparency. The study also found that audit quality positively moderates the relationship between sustainability reporting and firm performance. The study concluded that sustainability- oriented accounting and auditing practices enhance investor confidence and corporate legitimacy. It was recommended that Nigerian firms should strengthen sustainability disclosure frameworks, while regulatory agencies should enforce compliance with IFRS Sustainability Disclosure Standards and auditing best practices.

Keywords

Financial AccountingAuditingSustainability ReportingIFRSCorporate GovernanceNigeriaESG Disclosure.

References

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Financial Accounting and Auditing in the Era of Sustainability Reporting: Evidence from Nigerian Listed Firms

Abstract

Keywords

References

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