REGULATORY INTERVENTIONS AND FINANCIAL REPORTING QUALITY OF BANKS: EVIDENCE FROM NIGERIA.pdf

Asaolu-Ayoola-and-Ologbenla-67-82-V12019.pdf
Preview of REGULATORY INTERVENTIONS AND FINANCIAL REPORTING QUALITY OF BANKS: EVIDENCE FROM NIGERIA
🔗 Source: corporatereportingjournals.com
📊 Size: 782 KB
👤 Author: Salawu, Mary
⬇️ Downloads: 248

Summary

This study investigates the effect of audit and financial regulations on financial reporting quality in Deposit Money Banks in Nigeria. Using secondary data from 14 listed deposit money banks between 2007 and 2017, the findings indicate that improvement in financial reporting quality is associated with the adoption of International Financial Reporting Standards (IFRS), busy accounting period, and extended audit tenure. The study supports the public interest theory, which advocates for regulation to correct market anomalies and restore public confidence in corporate reporting. Regulatory interventions, including audit and financial regulations, have been implemented in Nigeria to improve financial reporting quality, such as the adoption of IFRS, corporate governance code, and mandatory submission of audited annual accounts within 90 days of financial year-end.

Description

This study investigates the effect of audit and financial regulations on financial reporting quality in Deposit Money Banks in Nigeria.

Technical Information

  • File Format: PDF
  • File Size: 782 KB
  • Pages: 19
  • Language: EN
  • Author: Salawu, Mary
  • Total Downloads: 248
  • Last Updated: 8 hours ago

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