This paper attempts a holistic exploration and analysis of the audit market in Nigeria, after constructing six stylised audit regimes. Data are collected from annual reports and audited financial statements of 83 quoted firms for 2011-2013. Using Herfindahl-Hirschman Index to examine concentration of the Nigerian audit market, the paper finds that the market is hig...

This paper attempts a holistic exploration and analysis of the audit market in Nigeria, after constructing six stylised audit regimes. Data are collected from annual reports and audited financial statements of 83 quoted firms for 2011-2013. Using Herfindahl-Hirschman Index to examine concentration of the Nigerian audit market, the paper finds that the market is hig...