Abstract: This study is a conceptual review that investigates regulatory compliance, ethical considerations, audit quality and transparency on the dynamics of Auditing and Assurance in the Nigerian context in the modern world by studying the challenges hindering their effective implementations. With a methodology based on critical review of related literatures through content analysis to identify key areas of development, patterns, trends and problems facing significant concepts in the auditing profession, the research seeks to point out how technology and new discoveries have influence the auditing profession. Findings reveal that while integrity and objectivity are prioritized, external pressures, inadequate training, and resource constraints impede the full implementation of regulatory compliance, ethical consideration and transparent quality audit. The study therefore, endorsed increased auditor training, stronger enforcement of ethical guidelines, and improved resource allocation to enhance compliance, financial transparency and stakeholders’ trust.....
[1]
Adelakun, B. (2022). Ethical Considerations In The Use Of Ai For Auditing: Balancing Innovation And Integrity. European Journal Of Accounting, Auditing And Finance Research, 10(12), 91–108. Https://Doi.Org/10.37745/Ejaafr.2013/Vol10n1291108
[2]
Amadi, L., & Alapiki, H. (2012). Re-Inventing Anticorruption Strategies For Sustainable Democracy In Nigeria: Challenges And Policy Options. Journal Of Sustainable Development In Africa, 14(7), 156-173.
[3]
Apulu, I., Latham, A., & Moreton, R. (2011). Factors Affecting The Effective Utilization And Adoption Of Sophisticated Ict Solutions: Case Studies Of Smes In Lagos, Nigeria. Journal Of Systems And Information Technology, 13(2), 125-143.
[4]
Arner, D. W., Barberis, J., & Buckley, R. P. (2018). Regtech: Building A Better Financial System. In Handbook Of Blockchain, Digital Finance, And Inclusion, Volume 1 (Pp. 359-373): Elsevier.
[5]
Ayusha, K., Parmar, H., Chhangani, B., & Kamble, A. (2023). The Impact Of Big Data On Fraud Investigations. Vidhyayana-An International Multidisciplinary Peer-Reviewed E-Journal Issn 2454-8596, 8(Si7), 444-460.
