Mountain Top University Library

The financial reporting quality has gain a lot of attention in nigeria, however toavoidmisstatement in the financial report the need for it to be transparent and reliable couldprovethe quality of the financial report. This study examines the ef ect of the audit committeecharacteristics and financial reporting quality in listed deposit money banks in Nigeria. Theaudit committee characteristics which serve as the independent variable and financial reporting quality which serves as the dependent variable. The study covers a period of twelveyears from 2010-2021. The dependent variable was determined using a two steps regressionin order to determine the loan loss provision. The pooled OLS model is used to run the multiple regression analysis. Moreover, the significance of the audit committeecharacteristics and financial reporting quality shows a strong statistical significance. Theoverall was confirmed by the F-statics 3.43 and a P-value of (0.0064) at 5%level of
significance. The study concludes that audit committee characteristics has a significanceonfinancial reporting quality. The study recommends that there should be an increase in the number of financial expertise and independent members.