CORPORATE REPORTING PRACTICES AND AUDIT QUALITY IN NIGERIA

The foundation for improved audit quality in financial service firms lies in robust corporate reporting practices. However, as corporate reporting evolves, it becomes essential to examine how these practices influence audit outcomes. This study, therefore, explored the effects of corporate reporting practices namely integrated reporting, adoption of IFRS, and regulatory compliance on the audit quality of listed financial service firms in Nigeria. This study employed an cross-sectional research design, analyzing secondary data from listed financial service firms on the Nigerian Exchange Group from 2014 to 2023. The independent variables examined were integrated reporting (IR), adoption of IFRS (ARS), and regulatory compliance (RC), while audit quality was measured using audit opinion. A binary logistic regression analysis was conducted to evaluate the relationship between these variables, followed by diagnostics such as Multicollinearity and Goodness of-fit-test. The findings indicate that while integrated reporting does not significantly affect audit quality, the adoption of IFRS and regulatory compliance have significant positive effects on audit quality. This highlights the importance of adhering to international standards and regulatory frameworks in promoting higher audit. Reliability and transparency in the financial sector. The study recommends that financial service firms should continue to adopt IFRS and strengthen regulatory compliance, even though integrated reporting may not directly influence audit outcomes. This      research contributes to the literature by providing empirical evidence on the relationship between corporate reporting practices and audit quality, particularly within the context of Nigeria’s financial service sector.