Impact Of Statutory Audit On Performance Of Banks In Nigeria (A Study Of First Bank And Zenith Bank)
ABSTRACT
The study investigated on the impact of statutory audit report on performance of banks in Nigeria. The overall objective of the study is to examine the impact of of statutory audit report on performance of banks in Nigeria. To achieve the objectives of the study, survey research design was adopted. The researcher adopted primary data in getting the required information. A total of 40 respondents constituted the population size of the study while the sample size is made up of 36 after adopting Taro Yamane formula. However, a total of 36 questionnaire was administered to the respondents, 25 were correctly filled and returned while 11 was void. In testing the hypotheses, simple regression analysis was used. The findings revealed that statutory audit report has a significant impact on the accountability of banks in Nigeria. The findings also revealed that statutory audit report has a significant impact on the reliability of financial statement of banks in Nigeria. The study recommends that Banks should consult statutory auditors to audit their financial statement for proper management and investment decision.
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AMEDU, S (2021). Impact Of Statutory Audit On Performance Of Banks In Nigeria (A Study Of First Bank And Zenith Bank). Mouau.afribary.org: Retrieved Nov 24, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-statutory-audit-on-performance-of-banks-in-nigeria-a-study-of-first-bank-and-zenith-bank-7-2
SOLOMON, AMEDU. "Impact Of Statutory Audit On Performance Of Banks In Nigeria (A Study Of First Bank And Zenith Bank)" Mouau.afribary.org. Mouau.afribary.org, 15 Jan. 2021, https://repository.mouau.edu.ng/work/view/impact-of-statutory-audit-on-performance-of-banks-in-nigeria-a-study-of-first-bank-and-zenith-bank-7-2. Accessed 24 Nov. 2024.
SOLOMON, AMEDU. "Impact Of Statutory Audit On Performance Of Banks In Nigeria (A Study Of First Bank And Zenith Bank)". Mouau.afribary.org, Mouau.afribary.org, 15 Jan. 2021. Web. 24 Nov. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-statutory-audit-on-performance-of-banks-in-nigeria-a-study-of-first-bank-and-zenith-bank-7-2 >.
SOLOMON, AMEDU. "Impact Of Statutory Audit On Performance Of Banks In Nigeria (A Study Of First Bank And Zenith Bank)" Mouau.afribary.org (2021). Accessed 24 Nov. 2024. https://repository.mouau.edu.ng/work/view/impact-of-statutory-audit-on-performance-of-banks-in-nigeria-a-study-of-first-bank-and-zenith-bank-7-2