Download Tag: EXTERNAL AUDITORS

ABSTRACT Over the years the Nigerian banks have been ravaged by the phenomenon called bank distress. The role of bank Inspectors and External auditors in this regard cannot be over emphasized. when it became apparent that the distress was leading to total; doom, the federal Government stepped in this intervention led to liquidation of banks of curb and menace of distress on our banks. Banks  were  liquidated due  to  poor  ...

ABSTRACT Over the years the Nigerian banks have been ravaged by the phenomenon called bank distress. The role of bank Inspectors and External auditors in this regard cannot be over emphasized. when it became apparent that the distress was leading to total; doom, the federal Government stepped in this intervention led to liquidation of banks of curb and menace of distress on our banks. Banks were liquidated due to poor ...

Abstract This study was on the role of external auditors in corporate governance. Three objectives were raised which included:  To examine if the financial literacy of audit committee members enhance financial reporting in Nigeria. to ascertain if the frequency of meetings of audit committee enhance financial reporting in Nigeria and to determine the effect of multiple directorships on financial reporting in Nigeria. A total of 77 responses were received and ...

CHAPTER ONE INTRODUCTION 1.1    BACKGROUND OF THE STUDY Auditing has been a very important aspect of the accounting profession since the statement of business activities from a sole proprietorship to large public enterprises.  Experts rank, if the number one instrument of financial reporting.  It forms the bedrock of placing reliance on the report presented by the stewards of companies on the state of affairs of the companies. Many groups are interested ...

ABSTRACT This study was to assess the significance external auditor‟s in the examination of financial statement of first Bank of Nigeria Plc., Enugu. The banking sector in Nigeria and elsewhere in recent times have become so diversified, challenging, highly competitive and has been characterized by persistent, fraud, errors and misappropriation of funds in the bank, the impact of which has undoubtedly shaken the whole economy of the nation. For this work ...

Abstract  This study investigates the role of auditors in the detection, prevention and reporting of fraud. Data were obtained from 184 respondents in Nigeria. The findings revealed that the respondents are very concerned about the problem of fraud. In addition, the respondents placed very high expectation on auditors’ duties on fraud prevention and detection. This perception is in contrast with the stated primary objective of an audit, as stipulated in ...

CHAPTER ONE   1.1       INTRODUCTION An audit is the independent examination of, and expression of Opinion on the financial statements of enterprises by an auditor.  In pursuance of this objective, he may disclose defalcations and irregularities, which are capable of impairing the truth and fairness of the financial statement. In recent years there has been considerable debate over the extent of the statutory auditors responsibility for the detection of fraud.  This has been ...