Effects of Audit Tenure and Non Audit Services on Auditors Negligence

Auditing Standards had specified relevant qualities expected of an auditor in a bid to ensure excellence in audit assignment. Several policies or control of quality of an audit had over the years been put in a bid to ensure error – free audit. In recent years auditing profession is faced with difficulty and criticisms as a result of corporate collapses being linked to allegation of auditors negligent in performing their duty. The recognized professional accounting bodies in Nigeria like ICAN and ANAN are trying very hard to ensure best practice in the auditing profession via the enforcement of professional code of conduct for their members. Despite the measures taken by the professional accounting bodies in Nigeria the problem still remains. The cry of the users of audit report has invariably been “why are auditors negligent over their duties?”