Effect of Audit Committee Financial Expertise and Gender Mix on Financial Reporting Quality of Quoted Health Care Companies in Nigeria.

This study ascertained the effect of audit committee financial expertise and audit committee gender mix on financial reporting quality of quoted companies in the healthcare sector. A correlational design was adopted where five out of the nine companies in the sector were selected using purposive sampling technique for the period of eight years (2010-2017). The result of the study using panel regression analysis indicated that financial expertise has an insignificant effect on financial reporting quality while gender mix had a significant effect on financial reporting quality of selected quoted companies in the healthcare sector. The study also controlled for leverage which indicated a significant effect at 90% confidence level. It was therefore recommended that quoted healthcare sector companies in Nigeria should comply with the corporate governance rules for having at least one financial expert on the audit committee team. Although, such compliance as indicated by the result improves reporting quality but is not significant, so companies can consider monitoring other audit committee attributes closely. It was also recommended that these companies should include female members on the committee as it indicates a significant impact on improving financial reporting quality.