Audit market concentration in an emerging economy

The aimed of this study is to ascertain the relationship between audit attributes and audit quality in an emerging economy. The study deliberately cover the post-Enron era and postaudit reforms era decipher the activities of audit after the demise of Enron. This study used selected quoted firms in Nigeria for a period of sixteen (16) years, 2006 – 2021. The models were built based on a study of extant literature, GOA and audit reforms. Ordinary least square econometric technique was employed to analyze data extracted from a secondary source. The outcomes of this study revealed that Audit client size has positive relationship with audit quality. The result further revealed that audit client complexity has negative relationship with audit quality. Finally, the result revealed that audit client business risk has no significant relationship with taudit quality. This study recommended that Alternative appointment processes for auditors, e.g. involving shareholder panels, or appointment by regulator.