Financial Reporting Quality of Nigeria Firms: Users’ Perception
NYOR, Terzungwe

Abstract
This study assesses the quality of annual reports and accounts of Nigerian firms from the perspective of users of such accounting information. The study administered one hundred (100) questionnaires to respondents from seven (7) user group selected at random with a minimum qualification of first degree or Higher National Diploma (HND) to ensure high quality of responses. Taking the qualities of accounting information of understandability, relevance, consistency, comparability, reliability, objectivity and completeness and using a five point Likert scale and Chi-Square for test of hypothesis, the study provides evidence that, the quality of annual reports and accounts of Nigerian firms is only moderate. Consequently, the study recommends that Nigerian firms should strive to achieve higher financial reporting quality.

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