Abstract
This project examines the role of auditors report in corporate governance. The problems, challenges, prospects of auditing and corporate governance looked. As a worldwide phenomenon, they have continued to generate divergent views among scholars. The data used comprises of primary data, which consist of self-administered questionnaires and oral interview of some of the respondents. To achieve the purpose of the study, a survey of ten selected companies quoted in the Nigeria to give a true and fair view of companies, It was also discovered that good corporate governance practices builds confidence in investors and encourages stable investment and also auditing and corporate governance are used as a tool of control by management in the achievement of its objectives. It is imperative for Nigeria to adequately address the challenges of these issues for the benefit of the economy