Determinants of external auditors’ choice among commercial banks in Ghana
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Date
2023
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KNUST
Abstract
The choice for an auditor has become a strategic decision that corporate entities have to deal with because of the reliance on annual statutory audit report for effective decision- v making. The study is aimed at investigating the determinants of external auditors’ choice among commercial banks in Ghana. A secondary data collection method was used to obtain information in the published annual reports of a sample of seventeen (17) selected commercial banks out of the twenty-three (23) commercial banks in Ghana for a period of ten (10) years from 2011 to 2020. In predicting the findings of the study, the logistic regression model was used, and the findings revealed that, profitability, the board size and board independents have positive significant relationship with auditors’ choice. The size of the bank did not show any significant relationship with auditors' choice. The study recommended a mixed data collection approach for future studies so that through primary data collection instruments such as questionnaires and interview, the views and opinions of board of directors, Chief Executive Officers, audit committee members and top managers of organization could be surveyed on the determinants of auditors’ choice.
Description
A thesis submitted to the department of accounting and finance, school of business, Kwame Nkrumah university of science and technology, in partial fulfilment of the requirement for the award of the degree of master of business administration (accounting option)