An Investigation On Reliance Of Auditor’s Independence On The Credibility Of Financial Reporting Quality Of Corporate Organization

(CASE STUDY OF FIVE AUDITING FIRM IN ILORIN METROPOLIS). CHAPTER ONE INTRODUCTION 1.1.          BACKGROUND TO THE STUDY The auditing profession performs a role in giving reasonable assurance to the public and users’ of financial statements, specifically investors and creditors, of the reliability and credibility of a firms’ financial statements. To fulfil this role, there are several principles that auditors should espouse. One of the most important principles is independence. By demonstrating their independence, auditors’ opinions on financial statements will be valued by the users. In essenc…