Publication Title MANAGERIAL ATTRIBUTES AND FRAUDULENT FINANCIAL REPORTING IN NIGERIA QUOTED CONSUMER FOODS FIRM Download PDF
Publication Type Published Research
Publisher AE-FUNAI JOURNAL OF ACCOUNTING, BUSINESS AND FINANCE(FJABAF)
Publication Authors Dr. Andrew Ugbah
Year Published 2023-06-01
Abstract This study examined the relationship between managerial attributes and fraudulent financial reporting in Nigeria quoted consumer goods firms. This study used ex-post-facto research design to sample 16 quoted consumer goods firms in the Nigerian Exchange Group that have consistently published their annual audited financial report covering the period of 2016 to 2022. The data collected are analyzed using descriptive statistics, correlation analysis and robust linear model regression technique. The results revealed that managerial compensation has insignificant negative relations with fraudulent financial reporting and managerial ownership has insignificant positive relations with fraudulent financial reporting. The study therefore recommended that stakeholders and management of Consumer Goods Company should ensure that management offer more financial commitment for managerial efficiency for minimizing the presence of fraudulent financial reporting over time.
Publication Title Audit Pricing and Audit Market Concentration in Nigeria: The Moderating Effect of Firm Attributes Download PDF
Publication Type Published Research
Publisher Jalingo Journal of Social and Management Sciences p-ISSN: 2659-0131 e-ISSN: 3026-9180 Volume 5, Number 4, August 2024 241-249
Publication Authors Dr. Andrew Ugbah
Year Published 2024-08-08
Abstract The purpose of this study is to examine audit market concentration and audit pricing in Nigeria with the moderating effect of firm attributes. The fundamental theory explored in this research is the agency theory. The sample size of 66 statistical observations was taken from the listed Health and Pharmaceutical Firms in the Nigerian Exchange Group (NGX) for the period of 2012 to 2022. The data were analyzed using least square regression technique. The outcome of the testing model showed that audit market concentration has a positive and significant effect on audit pricing at 1% level while a moderating effect between firm attributes and audit market concentration on audit pricing was positive and significant at 5% level. The study recommended that management of listed Health and Pharmaceutical firms in Nigeria should ensure that audit pricing is based on audit market concentration for quality audit reporting. In addition, management should consider the presence of firm attributes as fundamentals in the pricing of audit engagement by client firm as it contributes immensely to audit quality immensely.
Publication Title MANAGERIAL ATTRIBUTES AND FRAUDULENT FINANCIAL REPORTING IN NIGERIA QUOTED CONSUMER FOODS FIRM Download PDF
Publication Type Published Research
Publisher AE-FUNAI JOURNAL OF ACCOUNTING, BUSINESS AND FINANCE(FJABAF)
Publication Authors Dr. Andrew Ugbah
Year Published 2022-02-03
Abstract This study examined the relationship between managerial attributes and fraudulent financial reporting in Nigeria quoted consumer goods firms. This study used ex-post-facto research design to sample 16 quoted consumer goods firms in the Nigerian Exchange Group that have consistently published their annual audited financial report covering the period of 2016 to 2022. The data collected are analyzed using descriptive statistics, correlation analysis and robust linear model regression technique. The results revealed that managerial compensation has insignificant negative relations with fraudulent financial reporting and managerial ownership has insignificant positive relations with fraudulent financial reporting. The study therefore recommended that stakeholders and management of Consumer Goods Company should ensure that management offer more financial commitment for managerial efficiency for minimizing the presence of fraudulent financial reporting over time.
Publication Title Bad Credit Management and Firm Performance: Evidence from Nigerian Banking Sector Download PDF
Publication Type Published Research
Publisher International Journal of Innovative Research in Accounting and Sustainability
Publication Authors Benson Aisagbonbuomwan, ESANDr. Andrew Ugbah
Year Published 2022-04-03
Abstract The study examined whether bad credit management affects firm performance. Ex-post facto research design was used in the study. Data was collection from secondary sources. The population for the study consisted of quoted deposit money banks in Nigerian Exchange Group (NSG) as at 31st December, 2020. The sampled size is 12 banks selected using filtering method to select banks that have consistently published annual reports from 2013 to 2020. The empirical results revealed that bad credit management had a significant negative effect on firm performance at 5% level of significance measured by ROA and 1% level of significance measured by ROE and NPM, respectively, while the control variable, size of the firm had a significant positive effect on firm performance at 1% level of significance measured by ROA, ROE and NPM respectively. The study recommended that money deposit bank managers should maintain reasonable liquidity management to cushion the effect of bad credit management which affects the performance of the banks.
Publication Title Bad Credit Management and Firm Performance: Evidence from Nigerian Banking Sector Download PDF
Publication Type Published Research
Publisher International Journal of Innovative Research in Accounting and Sustainability
Publication Authors Benson Aisagbonbuomwan, ESANDr. Andrew Ugbah
Year Published 2022-04-03
Abstract The study examined whether bad credit management affects firm performance. Ex-post facto research design was used in the study. Data was collection from secondary sources. The population for the study consisted of quoted deposit money banks in Nigerian Exchange Group (NSG) as at 31st December, 2020. The sampled size is 12 banks selected using filtering method to select banks that have consistently published annual reports from 2013 to 2020. The empirical results revealed that bad credit management had a significant negative effect on firm performance at 5% level of significance measured by ROA and 1% level of significance measured by ROE and NPM, respectively, while the control variable, size of the firm had a significant positive effect on firm performance at 1% level of significance measured by ROA, ROE and NPM respectively. The study recommended that money deposit bank managers should maintain reasonable liquidity management to cushion the effect of bad credit management which affects the performance of the banks.
Publication Title DETERMINANTS OF AUDITORS DISCLOSURE LAG: EVIDENCE FROM QUOTED CONSUMER GOODS FIRMS IN NIGERIA Download PDF
Publication Type Published Research
Publisher International Journal of Scientific & Engineering Research Volume 13, Issue 9, September-2022
Publication Authors Dr. Andrew Ugbah
Year Published 2022-04-06
Abstract The study examined the determinants of auditor disclosure lag in Nigeria. The population for the study consisted of quoted consumer goods companies in Nigerian Stock Group (NGX) as at 31st December, 2020. The sample companies for the population have the responsibility to publish their financial statements for eight consecutive years for the period 2013- 2020. The simple random sampling technique and filtering method of sample selection were used to select fifteen (15) companies. The regression results revealed that auditor switching has a positive and insignificant effect on auditor disclosure lag, audit fee has a positive and significant effect on auditor disclosure lag, audit quality has an insignificant negative effect on auditor disclosure lag while firm size has a negative significant effect on auditor disclosure lag. The study recommended that management of Consumer Goods Company in Nigeria should ensure that the widening gap in auditor disclosure lag is check mate the increase in audit fee
Publication Title TAXATION AND NIGERIAN ECONOMY Download PDF
Publication Type Published Research
Publisher ICAN Proceedings of the 7th Annual International Academic Conference on Accounting and Finance Disruptive Technology: Accounting Practices, Financial and Sustainability Reporting
Publication Authors Ezekwere Uzochukwu, Dr. Andrew Ugbah
Year Published 2023-06-04
Abstract The study examined taxation and Nigeria’s economy. An Ex-post-facto research design was used and secondary data were sourced from CBN statistical bulletin and Federal Inland Revenue report. Multiple linear regression was used to check for the effect of taxation on Nigeria while analysis of variance (ANOVA) was used to test the hypotheses. From the result of the analysis, taxation has high significant positive effect on the growth of Nigeria's economy. Based on this finding the study recommends, that government should make more adequate policies with respect to tax system to enable a high percentage of tax revenue collection which will create more avenues for the government to engage more in the infrastructural development and growth of the country.
Publication Title Derivative Risk Information Disclosure Effect on Financial Reporting Quality Evidence from Selected Listed Deposit Money Banks in Nigeria Download PDF
Publication Type Published Research
Publisher Journal of Economics, Management and Trade
Publication Authors Dr. Andrew Ugbah
Year Published 2023-10-19
Abstract This study investigates the impact of financial derivative risk information disclosure on the quality of financial reporting in a sample of Nigerian deposit money banks. Data from the annual financial reports of twelve Nigerian listed commercial banks were collected over a ten-year period, from 2012 to 2021. While derivative assets served as the proxy for the independent variable, Jones Discretionary Accrual was employed to measure reporting quality and cash flow to asset ratio was employed as control variable. The hypothesis was tested using Pooled Ordinary Least Square regression analysis technique whose result indicate that disclosure of financial derivative risk information leads to an increase in discretionary accrual value, thereby undermining the quality of financial reports. As a result of this finding, the study concludes that disclosing financial derivative
Publication Title Empirical Relationship between Board Size, Board Tenure on Corporate Risk Management: Evidence from Nigerian Quoted Companies Download PDF
Publication Type Published Research
Publisher IIARD INTERNATIONAL JOURNAL OF ECONOMICS AND BUSINESS MANAGEMENT
Publication Authors Kingsley Kinene, Dr. Andrew Ugbah
Year Published 2023-10-02
Abstract The fundamental goal of this article is to look into the link between board size, board tenure, and corporate risk management. amid the background of the modern portfolio theory. The study population consists of 328 companies listed on the Nigerian Stock Exchange as at December 2020. A sample of 30 firms was scientifically selected for the study. The analysis was carried out using dataset from 2014 to 2020, comprising of 210 observations. The panel data regression analysis is the technique for data analysis. The technique was chosen because of its ability to enhance data points while still controlling for individual variation. The research uncovers a positive and insignificant relationship between board size and corporate risk management. While board tenure had a positive and significant relationship on corporate risk management. Firm size, as a control variable, has a positive but insignificant connection with corporate risk management. In light of the findings of the study, we recommend that management work to strengthen the board of directors' traits in order to maximize the efficacy of their functions and to manage the risks involved to ensure more risk management that works and take advantage of the opportunities that arise.
Publication Title THE NEXUS BETWEEN AUDIT FIRM CHARACTERISTICS AND EARNINGS MANAGEMENT AMONG QUOTED INSURANCE COMPANIES IN NIGERIA Download PDF
Publication Type Published Research
Publisher Nigerian Journal of Management Sciences
Publication Authors Dr. Andrew Ugbah
Year Published 2024-06-04
Abstract The study investigated the nexus between audit firm characteristics and earnings management among quoted insurance companies in Nigeria. Audit firm characteristics is examined in terms of audit fees, auditor experience, audit quality, and auditor switching. The population of the study consists of quoted insurance firms in the Nigerian Stock Group for the period of 2016 to 2022, and data were analyze using descriptive statistics, correlation matrix and Generalized Linear Regression technique. The results show that audit fees have a negative and insignificant relationship with earnings management. Auditor experience has a negative and significant with earnings management at 5% level of significance. Audit quality has a positive and insignificant relationship with earnings management. Auditor switching has a negative and insignificant effect on earnings management. The study recommends that shareholders of insurance companies in Nigeria should engage the services of audit firms that have reasonable, sound knowledge and experience about the industry for reducing earnings manipulations.
Publication Title THE ROLE OF ACCOUNTANT IN BUILDING A SUSTAINABLE ECONOMY THROUGH ARTIFICIAL INTELLIGENCE Download PDF
Publication Type Published Research
Publisher Akungba Journal of Management 6(1): 222-234 (2024) ISSN No. (Print): 2276-934X
Paper Link www.ajm.org.ng
Publication Authors Dr. Andrew Ugbah
Year Published 2024-04-05
Abstract The study examined the role of accountant in building a virile economy through artificial intelligence on sustainable economy. A survey research design was adopted while simple random sampling technique was employed to administer structured questionnaire to one-hundred (100) staff of Bursary department of the University of Benin, Nigeria. The data were anaysed using descriptive statistics, correlation analysis and robust least square regression technique. The empirical findings showed that that accountant computer intelligence has no significant relationship with sustainable economy at p-value > 0.05, accountant professional skill has a significant relationship with sustainable economy at 5% level of significance and accounting practice automation has no significant relationship with sustainable economy at p-value > 0.05. The study recommended that educational institutions should organise training and workshop for their accountant in the area of computer intelligence for the purpose of equipment them with AI methods for contributing to sustainable economy in Nigeria
Publication Title Empirical Relationship between Board Size, Board Tenure on Corporate Risk Management: Evidence from Nigerian Quoted Companies Download PDF
Publication Type Published Research
Publisher IIARD INTERNATIONAL JOURNAL OF ECONOMICS AND BUSINESS MANAGEMENT
Publication Authors Kanene, Kingsley, Ugbah Andrew
Year Published 2023-06-04
Abstract The fundamental goal of this article is to look into the link between board size, board tenure, and corporate risk management. amid the background of the modern portfolio theory. The study population consists of 328 companies listed on the Nigerian Stock Exchange as at December 2020. A sample of 30 firms was scientifically selected for the study. The analysis was carried out using dataset from 2014 to 2020, comprising of 210 observations. The panel data regression analysis is the technique for data analysis. The technique was chosen because of its ability to enhance data points while still controlling for individual variation. The research uncovers a positive and insignificant relationship between board size and corporate risk management. While board tenure had a positive and significant relationship on corporate risk management. Firm size, as a control variable, has a positive but insignificant connection with corporate risk management. In light of the findings of the study, we recommend that management work to strengthen the board of directors' traits in order to maximize the efficacy of their functions and to manage the risks involved to ensure more risk management that works and take advantage of the opportunities that arise
Publication Title THE ROLE OF ACCOUNTANT IN BUILDING A SUSTAINABLE ECONOMY THROUGH ARTIFICIAL INTELLIGENCE Download PDF
Publication Type Published Research
Publisher Akungba Journal of Management 6(1): 222-234 (2024)
Publication Authors Dr. Andrew Ugbah
Year Published 2024-08-09
Abstract The study examined the role of accountant in building a virile economy through artificial intelligence on sustainable economy. A survey research design was adopted while simple random sampling technique was employed to administer structured questionnaire to one-hundred (100) staff of Bursary department of the University of Benin, Nigeria. The data were analyzed using descriptive statistics and correlation analysis and robust least square regression technique. The empirical findings showed that that accountant computer intelligence has no significant relationship with sustainable economy at p-value > 0.05, accountant professional skill has a significant relationship with sustainable economy at 5% level of significance and accounting practice automation has no significant relationship with sustainable economy at p-value > 0.05. The study recommended that educational institutions should organise training and workshopss for their accountant in the area of computer intelligence for the purpose of equipping them with AI methods for contributing to sustainable economy in Nigeria,