Mohammed, S.R and EBO, B.O (2019) The Impact of Accountek on the Performance of the Top Ten Accounting Firms In Nigeria. In: 16th iSTEAMS Multidisciplinary Research Nexus Conference, 9th – 11th June, 2019., THE FEDERAL POLYTECHNIC, ILARO.
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Abstract
Over the years, the professional accountant writes up books, balances books, prepares final accounts, conduct investigations, audit accounts and prepare tax returns among many other services. These accounting services by the accountants were traditionally based on clerical reliance systems without any interactions with the computer systems. In order to facilitate prompt and accurate delivery of appropriate services to business enterprises, accounting firms require dynamism to keep abreast of the development in their profession because it is assumed that the accounting industry is far behind in adopting new technologies. Therefore, this study investigated the impact of Accountek on the performance of the top ten accounting firms in Nigeria. A descriptive survey research designed method was adopted. Data were collected through a survey, using a structured questionnaire validated by experts and yielding 0.771cronbach alpha. The confirmed top ten accounting firms were selected for the study and a non-probabilistic sample included 200 respondents of which 102 copies of the structured questionnaire were completed and returned. The data analysis was carried out to determine the Pearson product moment correlation coefficient (r) and the coefficient of determination (R2) of the variables with the aid of SPSS. Findings revealed that Accountek significantly affects the performance of the top ten accounting firms in Nigeria. It was concluded that IT strengthened the firms and improved the quality and reporting standard of the accounting firms while accounting firms should be more efficient and timely in their responsibilities with a view to meet up with the needs of their clients
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Subjects: | H Social Sciences > H Social Sciences (General) H Social Sciences > HF Commerce H Social Sciences > HF Commerce > HF5601 Accounting |
| Divisions: | Faculty of Law, Arts and Social Sciences > School of Management |
| Depositing User: | Miss Ayomikun Ogunbadejo |
| Date Deposited: | 30 May 2020 13:42 |
| Last Modified: | 30 May 2020 13:42 |
| URI: | http://eprints.federalpolyilaro.edu.ng/id/eprint/229 |
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