QUALITY IN NIGERIA COMPANIES

This study examined the impact of audit committee effectiveness on financial reporting quality among one hundred (100) Nigerian listed companies from 2019 to 2024. Despite governance reforms under CAMA (2020) and the NCCG (2018), concerns remain about earnings management and reporting credibility. The study analyzed audit committee attributes, independence, financial expertise, size, meeting frequency, and committee effectiveness, using a quantitative panel design and fixed-effects regression. Financial reporting quality was measured using a composite index covering accrual quality, timeliness, audit opinion quality, and disclosure compliance. Results show that independence, financial expertise, meeting frequency, and committee effectiveness significantly improve financial reporting quality, with financial expertise being the strongest predictor. Audit committee size was not significant. Among control variables, company size and committee independence positively affect reporting quality, while leverage has a negative effect. The study concludes that competence and active engagement enhance governance effectiveness more than structural compliance and recommends strengthening expertise, independence, meeting practices, etc.