This study looked at a sample of firms listed on the Nigerian exchange group to see if audit quality affected the quality of their financial reports. Eight manufacturing businesses’ audited annual reports covering the years 2014–2023, were used to compile the data. This study used a panel multiple regression approach and applied Hausman’s test to determine whether a random or fixed effect model would be more appropriate, following an ex-post facto methodology. We used a random effect model and analysed the results. Findings indicate that audit quality (as evaluated by audit delay and audit committee independence) influences FRQ. According to the study’s conclusions, th e appropriate authorities should require corporations and audit firms to do periodic audits at least three times prior to the final audit. As a result, both their performance and the accuracy of their financial reports will be enhanced.
KEYWORDS: Audit quality, Financial Reporting quality, Audit Delay, Audit committee independence, Faithful Representation
