IDEAS home Printed from https://ideas.repec.org/a/bcp/journl/v7y2023i1p1175-1193.html
   My bibliography  Save this article

Effect of Cloud Accounting on Financial Information Quality of Selected Firms in Nigeria

Author

Listed:
  • AKPAN James Uko

    (1Department of Accounting, Afe Babalola University, Ado Ekiti, Ekiti State, Nigeria)

  • IGBEKOYI Olushola Esther

    (Department of Accounting, Adekunle Ajasin University, Akungba Akoko, Ondo state, Nigeria)

  • OGUNGBADE Oluyinka Isaiah

    (Department of Accounting, Afe Babalola University, Ado Ekiti, Ekiti State, Nigeria)

  • OSALONI Bankole Ojo

    (Department of Accounting, Afe Babalola University, Ado Ekiti, Ekiti State, Nigeria)

Abstract

Accounting techniques have evolved over the years due to the advancement in technology. New and smarter ways of accounting practices are discovered, of which one of the most recent discovery is the cloud accounting. This study examined the effect of cloud accounting on financial information quality of selected firms in Nigeria. Cross-sectional survey research design was employed for this study, targeted population of this study is heterogeneous as it covers professional accountants, auditors and information technology experts across various fields. This study therefore used the assumptions of Taro Yamane (1967) to adopt the population of 400 respondents for the purpose of this study. The study covers Lagos state metropolis because it’s highly dominated with commercial activities and host the head office of most companies in Nigeria. Data was obtained from primary sources through the administration of a well-structured questionnaire to the respondents. The reliability and validity of the research instrument was tested using the Crombach’s Alpha test and content validity test respectively. Data collected were analysed using descriptive and Ordinary Least Square (OLS) regression. The three hypotheses raised for the study were accepted with a high and positive relationship indicating that cloud accounting technique is able to positively and significantly influence data storage(β = 0.828, P = .001

Suggested Citation

  • AKPAN James Uko & IGBEKOYI Olushola Esther & OGUNGBADE Oluyinka Isaiah & OSALONI Bankole Ojo, 2023. "Effect of Cloud Accounting on Financial Information Quality of Selected Firms in Nigeria," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 7(1), pages 1175-1193, January.
    • Handle: RePEc:bcp:journl:v:7:y:2023:i:1:p:1175-1193
    as

    Download full text from publisher

    File URL: https://www.rsisinternational.org/journals/ijriss/Digital-Library/volume-7-issue-1/1175-1193.pdf
    Download Restriction: no
    File URL: https://www.rsisinternational.org/journals/ijriss/articles/effect-of-cloud-accounting-on-financial-information-quality-of-selected-firms-in-nigeria/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Otilia Dimitriu & Marian Matei, 2015. "Accounting in the Cloud," Managing Intellectual Capital and Innovation for Sustainable and Inclusive Society: Managing Intellectual Capital and Innovation; Proceedings of the MakeLearn and TIIM Joint International Conference 2,, ToKnowPress.
    2. Rezarta Shkurti (Perri) & Enita Muça, 2014. "An Analysis Of Cloud Computing And Its Role In Accounting Industry In Albania," Romanian Economic Business Review, Romanian-American University, vol. 8(2), pages 219-229, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Henn, Nicolas & Lohwasser, Todor S., 2020. "The advances of community cloud computing in the business-to-business buying process," Discussion Papers of the Institute for Organisational Economics 6/2020, University of Münster, Institute for Organisational Economics.
    2. Mohammad Z. M. Alotaibi & Mohammad F. E. Alotibi & Omar M. F. Zraqat, 2021. "The Impact of Information Technology Governance in Reducing Cloud Accounting Information Systems Risks in Telecommunications Companies in the State of Kuwait," Modern Applied Science, Canadian Center of Science and Education, vol. 15(1), pages 143-143, February.
    3. Martens, Cristina Dai Prá & Silva, Luciano Ferreira da & Silva, Deivison Feitosa & Martens, Mauro Luiz, 2022. "Challenges in the implementation of internet of things projects and actions to overcome them," Technovation, Elsevier, vol. 118(C).
    4. Maria Cristina Bosoteanu, 2016. "Cloud Accounting In Romania. A Literature Review," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 400-405.
    5. Dalinee Sastararuji & Danupol Hoonsopon & Pongsakorn Pitchayadol & Pimsiri Chiwamit, 2022. "Cloud accounting adoption in Thai SMEs amid the COVID-19 pandemic: an explanatory case study," Journal of Innovation and Entrepreneurship, Springer, vol. 11(1), pages 1-25, December.
    6. Yuliia Popivniak, 2019. "Cloud-Based Accounting Software: Choice Options In The Light Of Modern International Tendencies," Baltic Journal of Economic Studies, Publishing house "Baltija Publishing", vol. 5(3).
    7. Ma, Darren & Fisher, Richard & Nesbit, Trevor, 2021. "Cloud-based client accounting and small and medium accounting practices: Adoption and impact," International Journal of Accounting Information Systems, Elsevier, vol. 41(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bcp:journl:v:7:y:2023:i:1:p:1175-1193. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dr. Pawan Verma (email available below). General contact details of provider: https://rsisinternational.org/journals/ijriss/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.