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Impact of audit quality assurance on firm’s performance in Nigeria - case study of Tuyil Pharmaceutical Ltd

 Department: Accountancy  
 By: usericon Eniolamoses  

 Project ID: 8783
   Rating:  (5.0) votes: 1
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   Price:₦5000
Abstract
This study explores the impact of audit quality assurance on firm performance, with a specific focus on Tuyil Pharmaceutical Ltd in Nigeria. The research seeks to determine how the implementation of high-quality audit practices influences financial integrity, operational efficiency, and stakeholder confidence within the firm. Data were collected through structured questionnaires distributed to employees in the finance, internal audit, and management departments, along with a review of relevant financial documents and audit reports. The findings reveal a positive relationship between robust audit quality assurance and improved organizational performance. Key factors such as auditor independence, compliance with regulatory standards, and the use of advanced audit methodologies were identified as critical drivers of enhanced transparency and accountability. The study concludes that firms that prioritize audit quality are better positioned to achieve sustainable growth, maintain investor trust, and reduce the risk of financial misstatements. Recommendations include the strengthening of internal audit functions, regular training for audit personnel, and adherence to international best practices....
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