TABLE OF CONTENTS

Title page        -           -           -           -           -           -           -           -           -           i         

Declaration      -           -           -           -           -           -           -           -           -           ii

Certification    -           -           -           -           -           -           -           -           -           iii

Dedication      -           -           -           -           -           -           -           -           -           iv       

Acknowledgement      -           -           -           -           -           -           -           -           v

Table of contents        -           -           -           -           -           -           -           -           vii

List of tables   -           -           -           -           -           -           -           -           -           xi

Abstract          -           -           -           -           -           -           -           -           -           xii       

CHAPTER ONE: INTRODUCTION

1.1      Background of the study -           -           -           -           -           -           -            1

1.2      Statement of the problem            -           -           -           -           -           -           3

1.3      Objectives of the study   -           -           -           -           -           -           -           4

1.4      Research questions          -           -           -           -           -           -           -           4

1.5      Hypotheses of the study -           -           -           -           -           -           -           5         

1.6      Significance of the study -           -           -           -           -           -           -           5        

1.7      Scope and limitation of the study           -           -           -           -           -           6

1.8      History of Guaranty Trust Bank -           -           -           -           -           -           6

1.9      Definition of the terms    -           -           -           -           -           -           -           7

1.10  Organization of the study           -           -           -           -           -           -           8

CHAPTER TWO: LITERATURE REVIEW

2.0   Introduction         -           -           -           -           -           -           -           -           10

2.1   Conceptual review           -           -           -           -           -           -           -           10

2.1.1 Meaning of audit            -           -           -           -           -           -           -           10

2.1.2 Meaning of auditing      -           -           -           -           -           -           -           10

2.1.3 A brief historical development of auditing       -           -           -           -           11

2.1.4 Purpose of an audit                    -           -           -           -           -           -           11

2.1.5 Definition of Auditors independence    -           -           -           -           -           12

2.1.6 Types of independence -           -           -           -           -           -           -           13

2.1.7 Functions of an independent auditor     -           -           -           -           -           14

2.1.8 Threats to auditors independence          -           -           -           -           -           15

2.1.9 Factors that influence auditor independence     -           -           -           -           16

2.1.10 Evolution of financial statement          -           -           -           -           -           19

2.1.11 Meaning of financial reporting            -           -           -           -           -           20

2.1.12 characteristics of financial reporting   -           -           -           -           -           21

2.1.13 purpose of financial reporting -           -           -           -           -           -           21

2.1.14 components of GT Bank financial reporting   -           -           -           -           22

2.1.15 users of financial reporting      -           -           -           -           -           -           22

2.2   Theoretical review           -           -           -           -           -           -           -           23

2.2.1 The lending credibility theory   -           -           -           -           -           -           23

2.2.2 Agency theory   -           -           -           -           -           -           -           -           23

2.2.3 Stakeholder theory         -           -           -           -           -           -           -           24

2.2.4 The theory of inspired confidence         -           -           -           -           -           25

2.3   Empirical Review            -           -           -           -           -           -           -           26

CHAPTER   THREE: RESEARCH METHODOLOGY

3.1   Introduction -           -           -           -           -           -           -           -           29

3.2   Research Design      -           -           -           -           -           -           -           29

3.3   Population and sample of the study -           -           -           -           -           29

3.4   Sampling technique -           -           -           -           -           -           -           30

3.5   Types and  Sources of data collection         -           -           -           -           30

3.6   Validation of instrument     -           -           -           -           -           -           30

3.7   Techniques/ method  of  data analysis        -           -           -           -           31

3.8   Questionnaire Scaling         -           -           -           -           -           -           31

CHAPTER FOUR: DATA PRESENTATION, ANALYSIS AND INTERPRETATION:

4.1 Introduction          -           -           -           -           -           -           -           32       

4.2 sample characteristics       -           -           -           -           -           -           32

4.3 Data analysis and interpretation   -           -           -           -           -           33

4.4 Hypotheses testing            -           -           -           -           -           -           41

4.5 Discussion of findings      -           -           -           -           -           -           44

CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATION

5. 1 Introduction         -           -           -           -           -           -           -           46

5.2 Summary of findings        -           -           -           -           -           -           46

5.3 Conclusion            -           -           -           -           -           -           -           47

5.4 Recommendation  -           -           -           -           -           -     &