Our Archives

Call 09159097300, or 09067754232 for any enquiries.

Project Topic:

DETERMINANT OF AUDIT FEE IN QUOTED FIRM IN THE NIGERIAN STOCK EXCHANGE

Project Information:

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 64 ::   Attributes: Questionnaire, Data Analysis,Abstract ::   4,250 people found this useful

Project Body:

The article on this topic (determinant of audit fee in quoted firm in the Nigerian stock exchange) is an extract from literature review of the project material. The complete project work would be made available when you subscribe for the full material.

 

CHAPTER TWO

REVIEW OF RELATED LITERATURE

 The market for audit services has been recognize to be segmented into varying sub-markets or sub-sectors of an economy. Empirical researchers have shown that the concentration has been as the private sector market than in the public sector. Prices paid to the external auditors for audit services differ significantly from that of the public sector. The basis of determining these fees the statutory auditors receive from client organization has continued to attract the attention of researcher especially in developing countries such as Nigeria. The empirical findings obtained this far as regard the determinants of audit fees in developed economies have been mixed while the use of some variables have yielded positive correlations, others  have rather remained inconclusive(Cobbin,2002). Basically, the essence of studying the determinants of audit fees is to enhance or maximize shareholders wealth. This is because audit fees paid by firms to external auditors for auditing the annual financial statements, no doubt constitute a major expenditure; certainly such expenditure does not increase the value of shareholders directly from empirical findings.

 The day to day running of the affairs of a business entity no doubt is very much based on true relationship between the resource owners (shareholders) and managements.  The owners put their trust on the management with a view to increasing wealth and preserving the continuity of the business.  The true reflection of the affairs of the organization is always made known through the audited financial report.  Usually, the nature of the work to be performed by an external auditor will determine the audit fees charge the client firm. The understanding of audit fee determination is pertinent to suppliers and customers of the audit services industry (Che–Ahmad &Houghton, 1996).  Similarly, the pricing of these fees is very vital to market regulators.  Prior studies have shown audit services might not be priced competitively due to high concentration of the number of accounting firms (Che-Ahmad & Houghton, 1996).  Most of the studies conducted on audit fees determinants have majorly been in developed countries of the world (Simon, Teo & Trompeter, 1992).

 Studies regarding the audit market and its actors (auditors and auditees) have been performed for more than 30 years (Chersan and Mihai, 2012).  Consequently, more and more determinants of audit fees have been identified during this time and it has been settled that the impact of these factors on the fee level is mostly contradictory (Cobbin, 2002).

 Similarly, the empirical evidence on audit fees determinants have been focused on developed economies with mixed results given some numbers of variables but without adequate researches in developing countries such as Nigeria.  It is against this back drop this study examined the determinants of audit fees behavior among quoted firms in the construction sub-sector of the Nigeria Stock Exchange


Get The Complete Project »

Project Department:

MORE ACCOUNTING FREE UNDERGRADUATE PROJECT TOPICS AND RESEARCH MATERIALS

Instantly Share this Project On Social Media:

CLOSELY RELATED ACCOUNTING FREE UNDERGRADUATE PROJECT TOPICS AND RESEARCH MATERIALS

AN APPRAISAL OF THE IMPLICATION OF ELECTRONIC BANKING IN NIGERIA BANKS (A CASE STUDY OF ACCESS BANK)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 67 ::   Attributes: Secondary data, Data Analysis,Abstract  ::   14672 engagements

CHAPTER TWO REVIEW OF RELATED LITERATURE Electronic banking in Nigeria has overtime been viewed by many especially economists as having a lot of implications on the economy of Nigeria and especially...Continue reading »

A CRITICAL ANALYSIS OF THE USE OF FINANCIAL STATEMENTS IN ASSESSING THE PERFORMANCE OF AN ORGANIZATION (A CASE STUDY OF FIRST BANK NIGERIA)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 75 ::   Attributes: Questionnaire, Data Analysis, Abstract  ::   12084 engagements

ABSTRACT The study was carried out to analyse how an organization performs making use of the financial statements with First Bank of Nigeria Plc serving as the case study. the study disclosed that th...Continue reading »

AN EVALUATION OF THE PERFORMANCE OF NIGERIAN STOCK EXCHANGE IN THE ECONOMIC DEVELOPMENT OF NIGERIA ( A CASE STUDY OF NIGERIAN STOCK EXCHANGE)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 78 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   7428 engagements

HISTORICAL BACKGROUND OF THE NIGERIA STOCK EXCHANGE IN THE ECONOMIC DEVELOPMENT OF NIGERIAN. The nigeria stock excahnge denoted by NSE is a government establishment where stocks are traded on a daill...Continue reading »

APPLICATION OF BUDGETS AND BUDGETARY CONTROL MEASURES IN A NON-PROFIT ORGANIZATION: A CASE STUDY OF APOSTOLIC CHURCH, DELTA

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 76 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   8364 engagements

2.1 CONCEPTUAL FRAMEWORK A budget is can be defined by accountants as “a planned outcome to be generated and for the expenditure to ensure during that period and the capital to be employed to a...Continue reading »

ASSESSING BOOK-KEEPING PRACTICES OF SMALL AND MEDIUM SCALE ENTERPRISES IN CALABAR LOCAL GOVERNMENT AREA

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 69 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   7579 engagements

ABSTRACT The economy of Nigeria cannot function properly or thrive without the micro, small and medium scale enterprises (SMEs). These small scale enterprises cannot function properly if they are not ...Continue reading »

ASSESSMENT OF ADEQUATE RISK RECOGNITION AND MANAGEMENT IN NIGERIAN INSURANCE COMPANIES (A CASE STUDY OF UNION ASSURANCE COMPANY, UYO)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 86 ::   Attributes: Questionnaire, Data Analysis  ::   6277 engagements

THE CONCEPT OF RISK Risk has been the subject of study by different scholars over the years with several meaning and definitions. But the most accepted definitions are that of J.E Banister and P.A Baw...Continue reading »

What are you looking for today?

TESTIMONIALS:

  • 1. Jayone from FPA said " I had a wonderful experience using UniProjectMaterials,though they did not deliver the material on time, but the content had good quality. I recommend UniProjectMaterials for any project research work.".
    Rating: Very Good
  • 2. Mugisha R from B.U, UGANDA said "Wow, this is great, your materials has helped me alot. Many blessings. I will inform my friends. Thanks. ".
    Rating: Very Good
  • 3. Nwachukwu Ruth Chinyerr from Michael okpara university of Agriculture,umudike said "I really appreciate this. Materials like this are good guides to writing a researchable project.".
    Rating: Good
  • 4. Ibrahim Salama from Kaduna said "Thanks You So Much Sir We Appreciate ".
    Rating: Excellent
  • 5. Ibrahim Salama from Kaduna said "Thanks You So Much Sir We Appreciate ".
    Rating: Excellent
  • 6. Mohammed A.B from Veterinary Laboratory, Zanzibar ,Tanzania said "You are doing good job to assists in research. God bless you.".
    Rating: Very Good

Paper Information

Format:MS word
Chapter:1-5
Pages:64
Attribute:Questionnaire, Data Analysis,Abstract
Price:₦3,000
Get The Complete Project »

Best Selling Projects

Our Archives