ABSTRACT
This study is intended to find out the impact of legal audit requirements on
the auditor performance in Nigerian context specifically. The literature review
described the various audit requirements in conjunction with the professional
standards and how they are applied to secure the auditor competence an
independence that are vital to the auditors if they are to effectively execute their
responsibilities to their clients. The arrangement of this topic discussed in
reviewing the literature was designed to support the hypotheses which form the
basis of the study. This paper therefore evaluates the relevance of the audit
committee on corporate performance. Data were obtained from the annual
accounts and reports of the twenty (20) quoted companies that made up the sample
of the study and the International Accounting Standard 5. The time frame for this
work is one year, covering the period of 2014 to 2015. The technique of analysis
used in the study was the Chi-square Analysis. The study established that there is
no significant relationship between firms' scores and auditors' rank. This
conclusion implied that auditor's reputation does not affect the compliance level of
the companies. The study recommended an effective monitoring/supervision and
enforcement of the provisions of the Statement of lAS 5, in addition to effective
implementation of the penalties provided by the Act on non-compliers regardless
of their status or origin.
HARCOURT, U (2021). Impact Of Statutes On Auditors Performance In Nigeria (A Study Of Nigeria Berwery Plc Enugu). Mouau.afribary.org: Retrieved Oct 31, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-statutes-on-auditors-performance-in-nigeria-a-study-of-nigeria-berwery-plc-enugu-7-2
UDULUMA, HARCOURT. "Impact Of Statutes On Auditors Performance In Nigeria (A Study Of Nigeria Berwery Plc Enugu)" Mouau.afribary.org. Mouau.afribary.org, 10 Jun. 2021, https://repository.mouau.edu.ng/work/view/impact-of-statutes-on-auditors-performance-in-nigeria-a-study-of-nigeria-berwery-plc-enugu-7-2. Accessed 31 Oct. 2024.
UDULUMA, HARCOURT. "Impact Of Statutes On Auditors Performance In Nigeria (A Study Of Nigeria Berwery Plc Enugu)". Mouau.afribary.org, Mouau.afribary.org, 10 Jun. 2021. Web. 31 Oct. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-statutes-on-auditors-performance-in-nigeria-a-study-of-nigeria-berwery-plc-enugu-7-2 >.
UDULUMA, HARCOURT. "Impact Of Statutes On Auditors Performance In Nigeria (A Study Of Nigeria Berwery Plc Enugu)" Mouau.afribary.org (2021). Accessed 31 Oct. 2024. https://repository.mouau.edu.ng/work/view/impact-of-statutes-on-auditors-performance-in-nigeria-a-study-of-nigeria-berwery-plc-enugu-7-2