International Journal of Academic Accounting, Finance & Management Research (IJAAFMR)   Year: 2022 | Volume: 6 | Issue: 5 | Page No.: 41-51 Empirical Investigation of the Determinants of Audit Rotation in Nigeria Download PDF JIMMY OKOINEMEN, EFAFOSA OGBORO Abstract: This work empirically examined the determinants of audit rotation in Nigeria. Specifically, the study examined the effect of audit fee, audit firm size, audit tenure, on audit rotation of quoted companies in Nigeria. A multiple regression estimation approach was employed on information extracted from a sample consisting of one hundred and nineteen (119) quoted companies in Nigerian Stock Exchange between the years 2015 to 2020. Panel Least Square (PLS) regression technique was employed in estimating the data and testing the formulated hypotheses. The findings revealed that there is a significant relationship between audit tenure, audit delay, company size, change in management and audit rotation. The results also show that there is a negative and insignificant relationship between audit fee, a rotation among Nigeria quoted companies. In line with the findings, the study recommends that auditor who engages in the act of frequent audit delay should be disengaged. And there should be stiffer penalty for any audit firms found wanting.