The audit committee characteristics and earnings management in post IFRS Nigeria

The audit committee characteristics and earnings management in post IFRS Nigeria

This study is designed to examine the impact of audit committee characteristics on earnings management in Nigerian listed companies after the adoption of International Financial Reporting Standards (IFRS). The study consider a total of 71 listed companies in Nigerian Stock Exchange, the period cover...

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Main Author: Isah, Usman
Format: Thesis
Language:eng
eng
Published: 2016
Subjects:
HF5601-5689 Accounting
Online Access:https://etd.uum.edu.my/6230/1/s818602_01.pdf
https://etd.uum.edu.my/6230/2/s818602_02.pdf
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institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Shafie, Rohami
topic HF5601-5689 Accounting
spellingShingle HF5601-5689 Accounting
Isah, Usman
The audit committee characteristics and earnings management in post IFRS Nigeria
description This study is designed to examine the impact of audit committee characteristics on earnings management in Nigerian listed companies after the adoption of International Financial Reporting Standards (IFRS). The study consider a total of 71 listed companies in Nigerian Stock Exchange, the period cover is 2012 to 2014. The data mainly obtained from secondary source, through the financial reports of the sample companies and DataStream. The multiple regression results indicated that audit committee independence, audit committee financial expertise and audit committee stock ownership were found to be negatively and significantly associated with earnings management. In contrast, audit committee size and audit committee activity are not associated with earnings management. The result also shows that firm performance is negatively and significantly correlated with earnings management, while leverage is found to be not significantly related with earnings management. However, firm size is positive and significantly related with earnings management. Finally, the results suggest that the policy makers in Nigeria shall make policies that will further strengthen the audit committee independence, and financial expertise since are found to be significant in preventing earnings management. The results also suggest that the companies should be encouraged to have outside directors with significant stock ownership, as this is also found to be important in preventing earnings.
format Thesis
qualification_name masters
qualification_level Master's degree
author Isah, Usman
author_facet Isah, Usman
author_sort Isah, Usman
title The audit committee characteristics and earnings management in post IFRS Nigeria
title_short The audit committee characteristics and earnings management in post IFRS Nigeria
title_full The audit committee characteristics and earnings management in post IFRS Nigeria
title_fullStr The audit committee characteristics and earnings management in post IFRS Nigeria
title_full_unstemmed The audit committee characteristics and earnings management in post IFRS Nigeria
title_sort audit committee characteristics and earnings management in post ifrs nigeria
granting_institution Universiti Utara Malaysia
granting_department Othman Yeop Abdullah Graduate School of Business
publishDate 2016
url https://etd.uum.edu.my/6230/1/s818602_01.pdf
https://etd.uum.edu.my/6230/2/s818602_02.pdf
_version_ 1747828041153773568
spelling my-uum-etd.62302021-04-05T02:40:18Z The audit committee characteristics and earnings management in post IFRS Nigeria 2016 Isah, Usman Shafie, Rohami Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HF5601-5689 Accounting This study is designed to examine the impact of audit committee characteristics on earnings management in Nigerian listed companies after the adoption of International Financial Reporting Standards (IFRS). The study consider a total of 71 listed companies in Nigerian Stock Exchange, the period cover is 2012 to 2014. The data mainly obtained from secondary source, through the financial reports of the sample companies and DataStream. The multiple regression results indicated that audit committee independence, audit committee financial expertise and audit committee stock ownership were found to be negatively and significantly associated with earnings management. In contrast, audit committee size and audit committee activity are not associated with earnings management. The result also shows that firm performance is negatively and significantly correlated with earnings management, while leverage is found to be not significantly related with earnings management. However, firm size is positive and significantly related with earnings management. Finally, the results suggest that the policy makers in Nigeria shall make policies that will further strengthen the audit committee independence, and financial expertise since are found to be significant in preventing earnings management. The results also suggest that the companies should be encouraged to have outside directors with significant stock ownership, as this is also found to be important in preventing earnings. 2016 Thesis https://etd.uum.edu.my/6230/ https://etd.uum.edu.my/6230/1/s818602_01.pdf text eng public https://etd.uum.edu.my/6230/2/s818602_02.pdf text eng public masters masters Universiti Utara Malaysia Aanu, O. S., Clementina, K., & Folashade, O. (2013). IFRS-Based and the Readiness of Nigerian Audit Committee: The Professional Academic Standpoint. European Journal of Accounting, Auditing and Finance Research, 1-11. Adekunle, A. A., & Taiwo, A. (2013). An Empirical Investigation of the Financial Reporting Practices and Banks' Stabilty in Nigeria. Kuwait Chapter of Arabian Journal of Business and Management Review, 157-180. Ajibolade, S. (2008). A Survey of the Perception of Ethical Behaviour of Future Nigeria Accounting Professionals. The Nigerian Accounting. Ali, A., & Kumar, K. R. (1994). 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