Stakeholders’ Perception of the Independence of Public Sector Auditors in Nigeria
Abstract
This study is an endeavor to investigate the extent to which public sector audit independence was achieved and how it was achieved in Nigeria. The emphases were on the three significant aspect of independence (investigative independence, reporting independence and financial independence) which were used in formulating the three hypotheses that guided the study. By means of survey design, the study relied on primary data obtained through a well-structured questionnaire administered to a sample of 96 respondents randomly selected from the population for the study. Employing both descriptive and inferential statistics for the analysis, it was observed that a high level of independence was maintained by the public sector auditors in Nigeria. Similarly, the results of the inferential statistic revealed that there is likelihood of quality audit assignment where investigative independence, reporting independence and financial independence of auditor general is guaranteed. It is therefore appropriate for the legislature to put in place necessary machinery to promote the independence of the auditor general at all level of governance if the objectives of providing transparent and responsible government will be achieved.
Submission of an article implies that the work described has not been published previously (except in the form of an abstract or as part of a published lecture or academic thesis), that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, in English or in any other language, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication.
Copyrights for articles published in MTI journals are retained by the authors, with first publication rights granted to the journal. The journal/publisher is not responsible for subsequent uses of the work. It is the author's responsibility to bring an infringement action if so desired by the author.
