AUDIT COMMITTEE ATTRIBUTES AND MANIPULATIVE ACCOUNTING OF CONSUMER GOODS FIRMS IN NIGERIA

This study examined the effect of audit committee attributes on manipulative accounting of listed consumer goods firms in Nigeria. The study used expo-facto as the research designs for the study while employing secondary and quantitative as the source of data collection and research approach for the study respectively. Furthermore, this study was conducted for the period of ten (10) years from 2015 to 2024. The population of this study comprised of Twenty Eight (28) listed Consumer Goods Firms in Nigerian. The sample comprised of the Eighteen (18) listed Consumer Goods Firms in Nigeria as at 31st December, 2024. For the techniques of data analysis, the Newey-West Panel Corrected Standard Error (NW-PCSE) was employed to analyze the data. The findings revealed that Audit Committee Chairman Independence (ACCI) and Audit Committee Meeting attendance (ACMA) have significant effect on manipulative accounting of listed consumer goods firms in Nigeria. Therefore, it is recommended that the board of directors of the listed consumer goods firms in Nigeria should be effectively constituted with an independent audit committee chairman while ensuring that the audit committee members have strictly complied with the maximum number of meetings they supposed to attend as they are empirically found to play a crucial role in curbing the menace of manipulative accounting practices among the listed consumer goods firms in Nigeria.