Corporate Governance and Audit Committee in Nigeria

James Ugochukwu Okolie

doi:10.12816/0011193

Article Details

Corporate Governance and Audit Committee in Nigeria

Authors:

James Ugochukwu Okolie

Publisher:

Centre for Social Science Research

Main Topics:

Accounting

Journal:

Journal of Policy and Development Studies 2014 Vol.9 Issue 1, pp.226-233

Document Type:

Article

Publication Date:

11/2014

Document Language:

English

Document ID (Org No.):

63624

Frequency:

Quarterly

pISSN:

15979385

DOI:

10.12816/0011193

Descriptors:

Keywords:

Abstract:

 The purpose of this research is to evaluate whether corporate governanceprinciples affect audit committee functions by ensuring that financial statementsreflect the true financial position of companies. Data were analysed usingcorrelation analysis. Spearman's correlation was calculated between the averagescores on corporate governance variables and audit committee variables. Thecomputations were done using SPSS statistical software. The study shows thatcorporate governance principles affect audit committee functions by ensuringthat financial statements reflect the true financial position of companies. It issuggested that companies should be good corporate citizens\and that membersof the audit committee should possess requisite accounting knowledge to, beable to effectively scrutinize the financial statements or query accountingpractices of preparers of those financial statements.

Article Details

Corporate Governance and Audit Committee in Nigeria

Authors:

James Ugochukwu Okolie

Publisher:

Centre for Social Science Research

Main Topics:

Accounting

Journal:

Journal of Policy and Development Studies 2014 Vol.9 Issue 1, pp.226-233

Document Type:

Article

Publication Date:

11/2014

Document Language:

English

Document ID (Org No.):

63624

Frequency:

Quarterly

pISSN:

15979385

DOI:

10.12816/0011193

Descriptors:

AUDITING

AUDITORS

CORPORATIONS

TRANSPARENCY

NIGERIA

Corporate Governance

Audit Committee

Transparency

Accountability

Independence

Issues

Article Details

Authors: James Ugochukwu Okolie

Publisher: Centre for Social Science Research

Main Topics: Accounting

Journal: Journal of Policy and Development Studies 2014 Vol.9 Issue 1, pp.226-233

Document Type: Article

Publication Date: 11/2014

Document Language: English

Document ID (Org No.): 63624

Frequency: Quarterly

pISSN: 15979385

DOI: 10.12816/0011193

Descriptors:

Issues

Authors:

James Ugochukwu Okolie

Publisher:

Centre for Social Science Research

Main Topics:

Accounting

Journal:

Journal of Policy and Development Studies 2014 Vol.9 Issue 1, pp.226-233

Document Type:

Article

Publication Date:

11/2014

Document Language:

English

Document ID (Org No.):

63624

Frequency:

Quarterly

pISSN:

15979385

DOI:

10.12816/0011193