CORPORATE GOVERNANCE AND THE FINANCIAL REPORTING QUALTY IN NIGEWRIA (A CASE STUDY OF UNITED BANK FOR AFRICA (UBA) PLC, MAIDUGURI MAIN BRANCH)

ABSTRACT Financial Reporting is concepts that emerge first from formal record-keeping by organized business and Government. The issue of financial reporting is to provide investors, shareholders, and creditors with information that is useful for decision making, thus, to present users with transparent financial statements enhance decision making and avert business failure, which we have to maintain high-quality financial report. This study therefore examined examine the relationship between corporate governance and financial reporting quality, corporate governance influence on financial reporting quality and the relationship between management and stakeholder interest. The study used survey research with a population of 37staff of UBA Plc, Maiduguri Main Branch while the sample size was 34 staff selected through Taro Yamane formular. The primary data was the administration of questionnaire to respondents and Chi-square statistical too was used in testing the hypothesis. The study found that there was no significant relationship between corporate governance and financial reporting quality, there was significant influence of corporate governance on financial reporting quality and there was significant relationship between management and stakeholder interest. The study recommends among others that the organisation should put in place an effective governance and financial reporting to help identify and manage risks thereby reducing the likelihood of financial misstatements and that the organization should put all necessary internal controls in order to reduce the risk of fraud which can have severe consequences for stakeholders.