The Impact of Audit Firm Size on Financial Reporting Quality of Listed Insurance Companies in Nigeria

This study examines the impact of audit firm size on financial reporting quality of listed insurance companies in Nigeria. Data were collected from the annual reports and accounts of thirteen sampled insurance companies out of thirty-three listed insurance companies on Nigerian Stock Exchange for the period of eight years (2008 to 2015). Empirical analyses were carried out using descriptive statistics, Pearson correlation and multiple regressions (Ordinary Least Square). The study found that audit firm size has a positive and significant impact on financial reporting quality. The study recommends that non-big4 accounting firm should invest more resources in technology and staff training, especially in specialized businesses (Insurance), so as to enable them to compete with other accounting firms in auditing.