The objective of the study was to examine the effect of audit committee on investors’ perception of financial reporting a case study of all commercial banks in Ijebu North Local Government of Ogun State. In an attempt to achieve the broad objective of the study, four hypotheses was raised in the study for validation and a sample of one twenty (120) accountants in all commercial bank in Ijebu North Local Government of Ogun State was used in the study. Data for the analysis was collected through the use of a self-structure design questionnaire. The simple percentage method, and correlation analysis was used in the analysis and the result was facilitated using the statistical package for social and sciences (SPSS 20.0). The result of the analysis at 5% level of significance shows that audit committee has a very strong significant impact on the quality of financial reporting in Nigeria. The study also established that the quality of audit committee has a very strong negative significant effect on the performance of firms. It also shows that the proportion of audit committee members with financial or accounting expertise has a very strong positive significant impact on the quality of financial reporting in Nigeria. Finally the study established that the proportion of independent audit committee members has a very strong positive significant impact on the quality of financial reporting in Nigeria.
TABLE OF CONTENTS
CHAPTER ONE – INTRODUCTION
1.1 Background of the Study
1.2 Statement of the Problem
1.3 Objectives of the Study
1.4 Research Questions
1.5 The Research Hypothesis
1.6 Scope and Plan of the Study
1.7 Sources of Data
1.8 Research Methodology
1.9 Significance of the Study
CHAPTER TWO – LITERATURE REVIEW
2.1 Conceptual Review
2.1.1 The Concept of Audit
2.1.2 Auditing
2.1.3 Audit Committee
2.1.4 Financial Reporting
2.2 Empirical Literature
2.3 Theoretical Literature
2.3.1 The Positive Accounting Theory
2.3.2 Agency Theory
CHAPTER THREE – RESEARCH METHODOLOGY
3.1 Introduction
3.2 Research Design
3.3 Study Area
3.4 justification of the Study area
3.5 Study Population
3.6 Sample Size and Technique
3.7 Research Instrument
3.8 Data Analysis
3.9 Ethical Consideration
3.10 Limitation of the Study
CHAPTER FOUR – DATA PRESENTATION AND ANALYSIS
4.1 Presentation of result
4.2 Hypothesis Testing
4.3 Summary of Findings
CHAPTER FIVE: DISCUSSION OF FINDINGS, CONCLUSION, AND RECOMMENDATIONS
5.1 Discussion of Findings
5.2 Conclusion
5.3 Recommendations
REFERENCES
APPENDIX
