DIGITALIZATION TRENDS IN FINANCIAL REPORTING PROCESSES
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 5000
Abstract:
This study examines the impact of digitalization trends on financial reporting processes in Lagos State, Nigeria. The objectives are to: (1) evaluate the benefits of digital tools in financial reporting, (2) assess the challenges of implementing digitalization, and (3) analyze the impact on the accuracy and efficiency of financial reports. A survey design was selected for its ability to gather detailed data from financial professionals and IT specialists. The sample size, determined using Taro Yamane's formula, ensures statistical robustness. Access Bank Plc was chosen as the case study due to its advanced digitalization initiatives. The reliability coefficient score of the survey was 0.89. Findings reveal that digitalization significantly improves the accuracy and efficiency of financial reporting, although implementation challenges persist. It is recommended that companies in Lagos State continue to invest in digital tools and address these challenges to fully realize the benefits of digitalization.
Related Project Materials
A CRITICAL INVESTIGATION OF WOMEN ENTREPRENEURS AND THE FACTORS AFFECTING THEIR PERFORMANCE IN NIGERIA
Background to the study
Entrepreneurship's dynamism is considered as capable of addressing new econ...
An investigation of mobile application usability on digital banking adoption: a case study of Heritage Bank
Background of the Study
Mobile application usability is a crucial factor driving the adoption of digital banking services....
Implementation of IoT-Based Smart Automated Traffic Surveillance Systems in Bauchi LGA, Bauchi State
Background of the study:
Effective traffic surveillance is critical for managing urban congestion, ensuring road safety, an...
EFFECTS OF PRODUCT QUALITY ON BRAND LOYALTY(A STUDY OF NOKIA MOBILE PHONE)
ABSTRACT
This study was carried out on the effects of produ...
THE IMPACT OF DIGITAL TWIN TECHNOLOGY ON VOCATIONAL TRAINING IN MANUFACTURING
ABSTRACT: The impact of digital twin technology on vocational training in manufacturing is significant for modernizing educational methodologi...
An appraisal of social housing policies and urban poverty alleviation in Ado-Ekiti Local Government Area, Ekiti State
Background of the Study
Social housing policies are integral to mitigating urban poverty by providing affordable living so...
An evaluation of waste-to-energy initiatives and urban sustainability in Benin City, Egor Local Government Area, Edo State
Background of the Study
Waste-to-energy initiatives in Benin City represent a promising intersection of waste management a...
Impact of Managerial Accounting on Financial Accountability in Lokoja LGA
Background of the Study
Managerial accounting provides essential tools and information...
THE IMPACT OF FUND ACCOUNTING FOR PRIVATE EQUITY AND VENTURE CAPITAL FUNDS
Abstract: THE IMPACT OF FUND ACCOUNTING FOR PRIVATE EQUITY AND VENTURE CAPITAL FUNDS
This research aims to: (1) evaluate the unique accou...
THE EFFICACY OF INFORMATION TECHNOLOGY AND COMMUNICATION [ICT] ON ORGANISATIONAL PERFORMANCE
ABSTRACT
Today, Information Communication (ITC) has become a key element in economic development and a backbone of knowl...
