Ethical Accounting Practices and Financial Reporting Quality

Despite the large numbers of regulatory bodies governing the accounting profession, financial reporting and its end products (financial statements) still lack external validity and reliability. Against this backdrop we investigated the effect of ethical accounting practices on financial reporting quality. Primary data was used for the study. The data was sourced from questionnaires administered to practising and non-practising accountants in tertiary institutions in Edo state. Preliminary analysis was done and appropriate statistical estimation was used to make inference on the population studied. The analysis of the data showed that accounting ethics had a significant relationship with financial reporting quality. The study recommends that accountants should uphold high ethical standards and that further work should be done on this subject area taking into account religiosity.

Keywords: Integrity, Objectivity, Relevance, Timeliness, Normality Financial reporting quality

JEL Classification: J4

Suggested Citation: Suggested Citation

Aifuwa, Hope Osayantin and Embele, Keme and Saidu, Musa, Ethical Accounting Practices and Financial Reporting Quality (December 22, 2018). EPRA Journal of Multidisciplinary Research, 4(12), 31-44, 2018, Available at SSRN: https://ssrn.com/abstract=3423893

Hope Osayantin Aifuwa (Contact Author)

Department of Accounting, Faculty of Management Sciences, University of Benin, Benin City ( email )

Edo State, Nigeria
Benin, CA
Nigeria
+2348113232082 (Phone)

Keme Embele

University of Benin - Department of Accounting ( email )

Ugbowo-Lagos Road
University of Benin,
Benin City, Benin City, Edo State PMB 1154
Nigeria

Musa Saidu

Kwara State University

Kwara State University Rd
Malete
Nigeria