Accounting Ethics and Quality of Financial Reporting of Firms in Nigeria

Abstract

This study examines the connection between accounting ethics and the quality of financial reports in the Nigerian Manufacturing Sector, emphasis on Edo State Manufacturing Companies. Integrity, objectivity, confidentiality, professional competence, and due care  as the independent variable were found to be a  significant factors in improving the quality of financial reports in the Nigerian manufacturing sector in Edo State. Ten (10) manufacturing companies were specifically selected for the study, which was carried out utilizing a cross-sectional research survey. The factors were tested and examined using multiple regression analysis. The study comes to the conclusion that if a code of accounting ethics is strictly enforced as a prerequisite for professional accountants, it will increase the quality of financial reports. According to the study, accounting ethics are crucial to raising the caliber of financial reports produced by a company and ought to be given careful consideration in order to increase stakeholders' trust in those reports.

Keywords: Accounting, Ethics, Behaviour, Financial, Report, Firms