THE ROLES OF AUDITORS’ REPORT IN INVESTORS’ DECISION MAKING IN NIGERIA

Audit reports are an indispensable element in the decision process of lenders and investors. This work examined the roles of auditors’ report in investors’ decision making in Nigeria. Secondary data was used and descriptive method to analyze the mean, median, maximum, minimum and standard deviation, while Tobin’s Q is applied to measure the influence of independent variables on the dependent variables for future firm performance through unit root test, ADF test and regression equation between both variables. Findings revealed that the auditors’ report has positive effect on the investors’ decision making in Nigeria, which is an indication that lack of proper auditors’ report will lead to poor investors’ decisions. The study recommended that auditors’ report should be detailed and comprehensive because users rely on audit report in making decisions, be it investing and, or financing.