This paper examined the effect of firm attributes on financial reporting quality of listed industrial goods firms in Nigeria. A sample of 9 industrial goods firms were selected from the population of 13 firms listed on the Nigerian Exchange Group (NGX). Data was collected through secondary sources from annual reports of the companies from 2018- 2023. The study adopted the ex-post factor research design and employed the use of generalized least squares regression as a tool for data analysis. The dependent variable being financial reporting quality was measured using the IASB conceptual characteristics framework while the independent variables include leverage, liquidity and institutional ownership. In conclusion, the results showed a negative and insignificant relationship between leverage and financial reporting quality. For liquidity, a negative but significant effect on financial reporting quality was reported. Additionally, the relationship between institutional ownership and financial reporting quality was positive and significant. Based on the findings, it is recommended amongst others, that industrial goods firms should further expand their institutional investors’ base so as to sustain the current position. This can help enhance monitoring perception through deployment of their expertise and experience in ensuring good financial reporting practice.