Audit Committee Report and Financial Performance of the Manufacturing Firms Listed on Nairobi Securities Exchange

Purpose: This research evaluated the effects of audit committee reports on the financial outcomes of manufacturing firms that are listed on the Nairobi Securities Exchange. Methodology/Approach: Panel data analysis was employed in the study, it utilized quantitative, and correlational research designs were applied. Data gathered from audited financial statements of respective firms. The study utilized secondary data obtained historically from the NSE. Data was collected, coded, entered, cleaned, and analysed using the STATA 15. Findings: The findings of this analysis give compelling evidence against null hypotheses. The study found that manufacturing firms with robust audit committee reports tend to exhibit stronger governance structures and oversight mechanisms. Implications: The study recommends Manufacturing firms should prioritize engaging auditors with relevant industry expertise and specialized knowledge.