Assessing the Impact of Non-Audit Services and Audit Tenure on Audit Quality: Evidence of Food Production Companies in Nigeria

Authors

Keywords:

Food Production, Audit Tenure, Assessment, Companies, Non-audit Services

Abstract

This research assessed the impact of non-audit services and audit tenure on audit quality of sampled food production companies in Nigeria. Ex-post facto, correlation research design and longitudinal research design was employed and Panel Least Square (PLS) technique was used to collect from a sample of 10 firms for a period of ten years spanning (2011-2020). The secondary sources of data were collected from annual reports of the selected food production companies. Descriptive statistics, Pearson correlation analysis and variance inflation factor were analyzed using panel regression analysis. Empirical analysis using a total of 100 company-year observations, showed that client importance and auditor education level exert positive and significant effects on audit quality of sample food production companies in Nigeria which was statistically significant at 1% and 5% levels respectively while another positive but non-significant effect was documented for non-audit services. It was concluded that audit tenure had negative and significant effect on audit quality of sample food production companies in Nigeria which was statistically significant at 1% level of significant and probability-value of 0.001 while provision of audit and non-audit services had negative and insignificant effect on audit quality of quoted food production companies in Nigeria. The study recommended that long tenure of auditor should be discouraged and maximum three years audit firm tenure policy for auditors in Nigeria should be backed up by law while provision of non-audit services by same audit firm should be discouraged.

Dimensions

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Published

2025-12-02

How to Cite

Akanbi, T. O., & Shittu, K. A. (2025). Assessing the Impact of Non-Audit Services and Audit Tenure on Audit Quality: Evidence of Food Production Companies in Nigeria. FUDMA Journal of Humanities, Social Science and Creative Arts , 1(2), 26-34. https://doi.org/10.70882/fujohssaca.2025.v1(2).30

Issue

Vol. 1 No. 2 (2025): FUDMA Journal of Humanities, Social Science and Creative Arts Vol. 1(2)

Section

Articles
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Copyright (c) 2025 Temitope Oluwaseun Akanbi, Kazeem Adesina Shittu (Author)

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How to Cite

Akanbi, T. O., & Shittu, K. A. (2025). Assessing the Impact of Non-Audit Services and Audit Tenure on Audit Quality: Evidence of Food Production Companies in Nigeria. FUDMA Journal of Humanities, Social Science and Creative Arts , 1(2), 26-34. https://doi.org/10.70882/fujohssaca.2025.v1(2).30