Effect of Audit Quality Characteristics on the Value Relevance of Financial Statement of Listed Banks in Nigeria:- Ichie Samuel O

ABSTRACT

This study examines the effect of audit quality characteristics on the value relevance of financial statement of listed banks in Nigeria (2013-2018). The study used ex post facto research design and the secondary data gathered were analyzed using regression analysis. The results show that: Audit independence has a significant effect on the earnings per share of listed banks in Nigeria while Audit expertise and Audit size has no significant effect on the earnings per share oflisted banks in Nigeria. In line with the result it is therefore recommended that listed banks in Nigeria should maintain a policy of enhancing a more independent Audit committee with the required expertise and size as this can greatly affect the value relevance ofthe listed banks.