IMPACT OF AUDIT COMMITTEE EXPERTISE AND AUDIT QUALITY OF LISTED MANUFACTURING FIRMS IN NIGERIA

ABSTRACT This study examined “audit committee expertise and audit quality of listed manufacturing firms in nigeria”. Methodology: secondary data was gotten from cbn bulletin. The result of the findings revealed that. Study conclusion and policy recommendations: The study concluded that The study concluded that Audit commitee guarantees that managers would not manipulate earnings. But board independence might not guarantee that managers would not manipulate earnings. It was also established that board equity which means shares owned by directors of food product companies will not distort the quality of financial reports. The study also asserted that audit size and audit tenure are key to maintaining a qualitative financial reports of food products companies in Nigeria. Recommendation: The number of non-executive directors existing in the food product companies is very high therefore these companies should reduce the number to certain level that can yield a better result. The other four variables; Audit commitee, board equity, audit size and audit tenure should be maintained by the food product companies in Nigeria as they ensure release of qualitative reports KEY WORDS: audit committee expertise, audit quality, board independence, board equity, Financial reporting quality audit size and audit tenure