The Effect of Accounting Ethics on the Quality of Financial Reports of Nigeria Firms

Abstract

The broad objective of this study is to investigate the effect of ethics on financial reporting quality.

Primary data was used for the study. The data was sourced from questionnaires administered to respondents.

The analysis of the data showed that accounting ethics had a significant relationship with financial reporting quality. The study also recommends that the employment processes of companies should be improved upon so as to ensure that men and women with high level of ethical standing would be employed. Ethics and compliance department should be put in place by firms to direct and monitor ethics implementation in their day-to-day operations. Also accountants as custodians of good financial reports should adhere to the codes of professional practice issued by the Institute of Chartered Accountants of Nigeria (ICAN) in carrying out their everyday responsibility.

Keywords: accounting ethics, financial reporting,