The quality of financial reporting is a critical component in ensuring transparency, accountability, and investor confidence in the banking sector. This study investigates the effect of audit committee characteristics specifically independence, diversity, financial competence, and frequency of meetings on the quality of financial reporting among listed money deposit banks in Nigeria. Despite extensive global research on audit committee effectiveness, limited studies have addressed this issue within the Nigerian context, particularly in the banking sector. The study adopts a descriptive research design and draws on secondary data from annual reports of selected banks listed on the Nigerian Stock Exchange. By addressing both conceptual and contextual gaps identified in prior literature, this research provides new empirical insights into how specific audit committee attributes influence financial reporting outcomes in Nigeria. The findings contribute to the ongoing discourse on corporate governance and regulatory reforms, offering practical implications for policymakers, regulators, and financial institutions aiming to enhance the credibility and reliability of financial disclosures.