Vol. 10(1), pp. 17- 25, January , 2022.

ISSN: 2384-6151

https://doi.org/10.14662/ijebm2022010

 

 

Full Length Research

 

Board Independence and Auditor’s Independent on Financial Report: Case Study of Selected Banks in Nigeria

 

1Ajagun, O. P (PhD) and 2Oleleh Ikemefuna Ike

 

1,2 Lagos State University  

 

 

Accepted 26 January 2022

Abstract

 

This study examined the effect of board independence and auditor’s independent on financial report with a study on selected banks in Nigeria. This study survey research designs. Primary data were collected from the staff members of the banks via a questionnaire designed in the light of the objectives of the study. The banks used for the study were made up of both old and new generation banks. Data were exposed to the scrutiny of the appropriate regulatory agencies for validity and reliability. The result showed that there is a positive relationship between board independenceand timeliness of financial report(r = 0.761).This relationship is statistically significant because the generated p-value for the result (0.000) is less than the level of significant (0.05) used for the study. The study concluded that board independence and auditor’s independent had significantly influence and changes on financial report in selected banks in Nigeria. The study therefore recommended that board independence and auditor’s independent should be not be taken for granted at least a special focuse should be given if we must achieve a good financial report.

 

Keywords: Board Independence, Auditor’s Independent, and Financial Report.

 

Cite This Article As: Ajagun, O. P., Oleleh, I.I (2022). Board Independence and Auditor’s Independent on Financial Report: Case Study of Selected Banks in Nigeria. Inter. J. Econ. Bus. Manage. 10(1): 17- 25