The Effects Of Audit Failures On Corporate Organisations In Nigeria (a Case Study Of Matador Pharmaceutical Enterprise Akure)

 ABSTRACTRecorded number of audit failure during the recent past years has prompted much debate about whether high or low auditor’s compensation, especially for non audit work, among other factors has led to lax auditing standards. A reliable audit report is imperative in corporate organizations where the retention of public confidence remains of utmost importance. In this regard, the statutory auditors are the essential fulcrum upon which the concepts of objectivity, fairness coupled with independence and integrity of financial reporting rest. This assertion, notwithstanding, it suffices…