The association between municipal disclosure practices and audit quality

Audit Quality and Accrual – Based Earnings Management of Quoted Companies in Nigeria

“…This may be related to the level of perceived audit firm quality being associated with the use of the Big-4 audit brand names by quoted companies in Nigeria. This result agrees with the findings of previous studies [1], [35], [10], [11], [36]. Other prior studies agree on audit quality as a function of audit firm size and demonstrate that larger (Big 8, Big 6, Big 5 or Big 4) audit firms possess greater capacity to constrain and minimise earnings management through accruals manipulations [37], [38], [39], [40], [41], [42].…”

“…This empirically validates the argument that higher fees may result in the impairment of auditor independence [45] and hence create greater opportunities for accrual manipulations [46] [47] [48], [49]. Some previous studies have shown that larger audit firms receive larger audit fees than smaller audit firms [46], [35], [48]. These prior results show that audit fees are significantly associated with audit quality.…”

Audit Quality and Accrual – Based Earnings Management of Quoted Companies in Nigeria

“…This may be related to the level of perceived audit firm quality being associated with the use of the Big-4 audit brand names by quoted companies in Nigeria. This result agrees with the findings of previous studies [1], [35], [10], [11], [36]. Other prior studies agree on audit quality as a function of audit firm size and demonstrate that larger (Big 8, Big 6, Big 5 or Big 4) audit firms possess greater capacity to constrain and minimise earnings management through accruals manipulations [37], [38], [39], [40], [41], [42].…”

“…This empirically validates the argument that higher fees may result in the impairment of auditor independence [45] and hence create greater opportunities for accrual manipulations [46] [47] [48], [49]. Some previous studies have shown that larger audit firms receive larger audit fees than smaller audit firms [46], [35], [48]. These prior results show that audit fees are significantly associated with audit quality.…”

Discretionary Pricing in a Monopolistic Audit Market

“…The positive coefficient of programmes (the complexity proxy for unincorporated agencies) on departments' and unincorporated SAs' fees is consistent with prior results for contested municipal audits (e.g. Rubin, 1988Rubin, , 1992Copley, 1989Copley, , 1991. The equivalent variable for incorporated agencies (subsidiaries) is not significant in Model 1.…”

Corporate Board Characteristics and Environmental Disclosure Quantity: A Comparative Analysis of Traditional and Integrated Reporting Evidence

“…Also, the significant positive relationship is confirmed by M2 and M3 for Nigeria. Hence, these results allow corroborating the results attained by Wang et al, (2008), Copley (1991), Braam & Borghans (2014). In this regard, surprisingly M4 in both countries reveals that audit firm size does not significantly influence environmentally auditing disclosure.…”

Audit Quality and Accrual – Based Earnings Management of Quoted Companies in Nigeria

“…This may be related to the level of perceived audit firm quality being associated with the use of the Big-4 audit brand names by quoted companies in Nigeria. This result agrees with the findings of previous studies [1], [35], [10], [11], [36]. Other prior studies agree on audit quality as a function of audit firm size and demonstrate that larger (Big 8, Big 6, Big 5 or Big 4) audit firms possess greater capacity to constrain and minimise earnings management through accruals manipulations [37], [38], [39], [40], [41], [42].…”

“…This empirically validates the argument that higher fees may result in the impairment of auditor independence [45] and hence create greater opportunities for accrual manipulations [46] [47] [48], [49]. Some previous studies have shown that larger audit firms receive larger audit fees than smaller audit firms [46], [35], [48]. These prior results show that audit fees are significantly associated with audit quality.…”

Discretionary Pricing in a Monopolistic Audit Market

“…The positive coefficient of programmes (the complexity proxy for unincorporated agencies) on departments' and unincorporated SAs' fees is consistent with prior results for contested municipal audits (e.g. Rubin, 1988Rubin, , 1992Copley, 1989Copley, , 1991. The equivalent variable for incorporated agencies (subsidiaries) is not significant in Model 1.…”

Corporate Board Characteristics and Environmental Disclosure Quantity: A Comparative Analysis of Traditional and Integrated Reporting Evidence

“…Also, the significant positive relationship is confirmed by M2 and M3 for Nigeria. Hence, these results allow corroborating the results attained by Wang et al, (2008), Copley (1991), Braam & Borghans (2014). In this regard, surprisingly M4 in both countries reveals that audit firm size does not significantly influence environmentally auditing disclosure.…”

Audit Quality and Accrual – Based Earnings Management of Quoted Companies in Nigeria

“…This may be related to the level of perceived audit firm quality being associated with the use of the Big-4 audit brand names by quoted companies in Nigeria. This result agrees with the findings of previous studies [1], [35], [10], [11], [36]. Other prior studies agree on audit quality as a function of audit firm size and demonstrate that larger (Big 8, Big 6, Big 5 or Big 4) audit firms possess greater capacity to constrain and minimise earnings management through accruals manipulations [37], [38], [39], [40], [41], [42].…”

“…This empirically validates the argument that higher fees may result in the impairment of auditor independence [45] and hence create greater opportunities for accrual manipulations [46] [47] [48], [49]. Some previous studies have shown that larger audit firms receive larger audit fees than smaller audit firms [46], [35], [48]. These prior results show that audit fees are significantly associated with audit quality.…”

Discretionary Pricing in a Monopolistic Audit Market

“…The positive coefficient of programmes (the complexity proxy for unincorporated agencies) on departments' and unincorporated SAs' fees is consistent with prior results for contested municipal audits (e.g. Rubin, 1988Rubin, , 1992Copley, 1989Copley, , 1991. The equivalent variable for incorporated agencies (subsidiaries) is not significant in Model 1.…”

Corporate Board Characteristics and Environmental Disclosure Quantity: A Comparative Analysis of Traditional and Integrated Reporting Evidence

“…Also, the significant positive relationship is confirmed by M2 and M3 for Nigeria. Hence, these results allow corroborating the results attained by Wang et al, (2008), Copley (1991), Braam & Borghans (2014). In this regard, surprisingly M4 in both countries reveals that audit firm size does not significantly influence environmentally auditing disclosure.…”