Accounting
Niyi Solomon Awotomilusi
Abstract
This study empirically examined time pressure influence on audit quality of audit firms in Abuja, Nigeria. Specifically, the study examined the effect of unreasonable deadlines for reporting on audit quality; effect of intense competition among audit partners on audit quality and the effect of work stress ...
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This study empirically examined time pressure influence on audit quality of audit firms in Abuja, Nigeria. Specifically, the study examined the effect of unreasonable deadlines for reporting on audit quality; effect of intense competition among audit partners on audit quality and the effect of work stress on the audit quality. Primary data were gathered through the questionnaire administered on principal partners of selected audit firms in Abuja, Nigeria. The data were analysed using descriptive and inferential statistics. The result of the study shows that unreasonable deadlines and intense competition among audit partners have significant effects on the quality of audit reporting. In other vein, work stress of the auditors was found to have no significant effect on audit quality in Nigeria. The study recommends that unreasonable deadlines should not be set for auditors, auditors should be encouraged to involve in moderate competition and work stress should not be allowed to influence their audit reports.
Accounting
Niyi Solomon Awotomilusi; Ogungbade Oluyinka Isaiah; Igbekoyi Olusola Esther; Adesuyi Temitayo Yomi
Abstract
Cost structure has considerably been a topical issue in the Manufacturing sector as it affects financial performance of the manufacturing companies and has not received reasonable attention in the accounting literature. The various components of cost structure were carefully assessed as independent variables ...
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Cost structure has considerably been a topical issue in the Manufacturing sector as it affects financial performance of the manufacturing companies and has not received reasonable attention in the accounting literature. The various components of cost structure were carefully assessed as independent variables and how they affected financial performance of the selected manufacturing companies. Return on Assets (ROA) was used to proxy financial performance of the companies. This paper aims at assessing the impact of cost structure on financial performance of quoted manufacturing companies in Nigeria. The study selects 7 industrial goods manufacturing companies listed by the Nigerian Exchange Group and the analysis was done using the financial statements for the period of 2011-2020. Ex-post facto research design and descriptive analysis through the use of regression and correlation analysis were used. The findings of the study confirm that there is a significant effect of cost structure on financial performance of selected manufacturing companies quoted by the Nigerian Exchange Group. The study recommended that cost structure should be well analysed into those components and the cost of each of the components should be investigated in order to manage and control the impact on the profitability of manufacturing companies.
