International Journal of Research and Scientific Innovation (IJRSI)
Internal Audit Quality and the Financial Performance of Small and Medium Enterprises in Southwest, Nigeria
Published August 4, 2026 • Vol. 13, Issue 7, pp. 2103–2114Open Access
DOI: 10.51244/IJRSI.2026.1307000151
Abstract
The purpose of this study is to examine the effect of the quality of internal auditors on the financial performance of the selected small and medium enterprises in South-west, Nigeria. This was executed by selecting Ogun, Ondo, and Osun states of the South-west region of Nigeria as case studies. Using a survey design, data were collected from 299 SMEs across the selected region. The descriptive results indicate that respondents perceive the quality of internal audit to be relatively high across SMEs in South-west Nigeria. The study recommends that business owners should improve the effectiveness of internal auditing to strengthen their decision-making capability and ensure accurate, error- and bias-free financial reporting.
Keywords: Internal auditing, Small and Medium Enterprise, and Financial Performance.
| Journal | International Journal of Research and Scientific Innovation (IJRSI) |
|---|---|
| ISSN | 2321-2705 |
| Volume / Issue | Volume 13, Issue 7 |
| Pages | 2103–2114 |
| Publication date | August 4, 2026 |
| DOI | 10.51244/IJRSI.2026.1307000151 |
| Publisher | RSIS International |
| License | Open Access |
How to cite this article
Mogaji Bukola Josephine, & Adedeji Elijah Adeyinka (2026). Internal Audit Quality and the Financial Performance of Small and Medium Enterprises in Southwest, Nigeria. International Journal of Research and Scientific Innovation (IJRSI), 13(7), 2103-2114. https://doi.org/10.51244/IJRSI.2026.1307000151
BibTeX
@article{Mogaji2026,
title = {Internal Audit Quality and the Financial Performance of Small and Medium Enterprises in Southwest, Nigeria},
author = {Mogaji Bukola Josephine and Adedeji Elijah Adeyinka},
journal = {International Journal of Research and Scientific Innovation (IJRSI)},
volume = {13},
number = {7},
pages = {2103--2114},
year = {2026},
doi = {10.51244/IJRSI.2026.1307000151},
publisher = {RSIS International}
}