Journal • CITN Journal

Editorial Board

Editor-in-Chief

Professor Rafiu Oyesola Salawu

Department of Management & Accounting, Faculty of Administration, Obafemi Awolowo University, Ile-Ife

Managing Editor

Professor Godwin Emmanuel Oyedokun

Department of Management & Accounting, Lead City University, Ibadan, Nigeria

Editorial Board Secretary

Mary-Fidelis Chidoziem Abiahu

Director, Research and Professional Standard, Chartered Institute of Taxation of Nigeria

Editorial Board Members

Professor Chinedum Nathaniel Nwezeaku

Federal University of Technology, Owerri

Professor John Adeoti

Nigeria Institute of Social and Economic Research (NISER), Ibadan

Professor Uche Jack-Osimiri

Faculty of Law, River State University, Port Harcourt

Professor Aruwa Suleiman Akwu-Odo Salihu

Nasarawa State University, Keffi Nasarawa State Nigeria

Dr. Eiya Ofiafoh Ofiafoh (Associate Professor)

Department of Accounting, University of Benin, Benin City, Nigeria

Dr. Stephen Chukwuemeka Mark Abani

MCSA Worldwide Projects Limited, Abuja, Nigeria

Dr. Kenny Adedapo Soyemi

Department of Accounting, Olabisi Onabanjo University, Ago Iwoye, Ogun State, Nigeria

Professor Joseph Uchenna Uwaleke

Department of Banking & Finance, Nasarawa State University, Keffi Nasarawa State, Nigeria

Barrister Chukwuemeka Eze

Faculty of Law, Nasarawa State University, Keffi Nasarawa State, Nigeria

Mr. Simon Nwanmaghyi Kato

Federal Inland Revenue Service, Chairman’s Office, Abuja, Nigeria

DIGITALIZED ACCOUNTING TECHNIQUES AND FINANCIAL REPORTING QUALITY OF SELECTED DEPOSIT MONEY BANKS IN NIGERIA

Description

DIGITALIZED ACCOUNTING TECHNIQUES AND FINANCIAL REPORTING QUALITY OF SELECTED DEPOSIT MONEY BANKS IN NIGERIA

Authors

ELOM, Joseph .O, NNACHI, Azubuike Mba, IBIAM, Chioma and UCHE, C. Chukwu

Abstract

Broadly, the study examined the impact of digitalized accounting techniques on financial reporting quality of selected money deposit banks in Nigeria. Specifically, this study ascertained the impact of artificial intelligence, big data and internet-of-things on financial reporting quality of deposit money banks in Nigeria. The study employed descriptive survey research design where structured questionnaires involving a 5 point Likert scale option were utilized to gather primary data from the respondents. The collected data were descriptively analyzed, while multiple regression model involving ordinary least square (OLS) technique was adopted to test the hypotheses at 5% level of significance with the aid of statistical packages for social sciences (SPSS). The findings revealed that Artificial Intelligence (AI), big data (BD) and internet of things (IoTs) have significant positive impact on the financial reporting quality of selected deposit money banks in Nigeria. The implication of the findings is that if digitalized accounting technological innovations/techniques such as AI, BD management, and IoTs are effectively used and optimized in every financial entity, reliable and credible financial reports will be produced especially by money deposit banks in Nigeria. The study, therefore, recommends that deposit money banks in Nigeria should prioritize their investments in digital accounting technologies so as to enhance digital accounting techniques that improve financial reporting quality, thereby promoting transparency and stakeholder confidence in deposit money banks financial reports.

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