Audit Committee Attributes and Earnings Management of Quoted Food and Beverages Firm in Nigeria

Student: ANASTASIA AMARACHI OKEKEAJI (Project, 2025)
Department of Accountancy
Auchi Polytechnic, Auchi, Edo State

Abstract

The study examined the audit committee attributes and earnings management of listed food and beverage firms in Nigeria, covering a period of 2014–2023. Purposive sampling techniques was adopted, and a sample of five quoted foods and beverages was selected. Secondary data were obtained from the annual reports of the selected firm; a correctional research design was adopted, and a multiple linear regression was used to test the stated hypotheses. The study reveals that, a positive and significant relationship exists between audit committee independence (ACI), audit committee meetings (ACM), and earnings management of listed food and beverage firms in Nigeria. The study further revealed a negative association between audit committee size, audit committee financial expertise, and earnings management of listed food and beverage firms in Nigeria. The study recommended that the composition of the audit committee members should be clearly spelled out to enable members to perform their functions effectively and that financial regulators in Nigeria should increase the minimum number of members with financial expertise in the audit committee.

Keywords
audit committee attributes earnings management quoted beverages nigeria
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