Effect of Audit Fees on Audit Quality of Quoted Industrial Goods Firms in Nigeria


  • Okerekeoti, Chinedu U.


This study examined the effect of audit fees on audit quality of quoted industrial goods firms in Nigeria. Ex- Post Facto research design was adopted. A sample of thirteen quoted industrial goods firms was used from sixteen quoted industrial goods firms in Nigeria. Data were extracted from annual reports and accounts of these sampled firms in Nigeria. Descriptive analysis was employed to analyze the data and tested with regression analysis via e-view 9.0. The result revealed that audit fees have a positive and significant effect on audit quality. The study therefore recommended that based on the audit fee variable's consistency in retaining significance across the model. If possible, a baseline for a suitable typical audit charge should be established based on the company's size (or subsidiaries.