FINANCIAL REPORTING BEST PRACTICES IN THE DIGITAL AGE
- 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 research explores the best practices in financial reporting in the digital age in Lagos State, Nigeria. The objectives are to: (1) identify key digital tools and technologies enhancing financial reporting, (2) evaluate the impact of digitalization on reporting accuracy and efficiency, and (3) analyze the challenges and strategies for adopting best practices. A survey design was employed to collect data from financial managers and IT professionals. The sample size, determined using Taro Yamane's formula, ensures representativeness. Dangote Cement Plc was chosen as the case study due to its adoption of digital reporting practices. The reliability coefficient score of the survey was 0.90. Findings indicate that digital tools significantly enhance the accuracy and efficiency of financial reporting, although challenges in implementation persist. It is recommended that companies in Lagos State adopt best practices by investing in digital technologies and addressing these challenges.
Related Project Materials
DESIGN AND IMPLEMENTATION OF A COMPUTERIZED PRODUCT DISTRIBUTION MONITORY SYSTEM (NIGERIA BREWERIES 9TH MILE CORNER ENUGU STATE)
BACKGROUND OF THE STUDY
Distribution as often said is a system by which products are transferred from t...
EVALUATION OF MANPOWER DEVELOPMENT POLICIES IN NIGERIA
Background of the Study
The importance of employing good evaluation in improving manpower development c...
IMPACT OF ORPHANAGE HOME ON THE CHILD’S PERSONALITY DEVELOPMENT
ABSTRACT
Children who grown up in the orphanage home may likely to affected in their culture tradition, and religion are...
IN VIVO TOXICOLOGICAL ASSESSMENT OF WATER SAMPLES FROM THREE FARM SETTLEMENTS IN Allium cepa AND Drosophila melanogaster
ABSTRACT
Pesticides are widely used all over the world, especially in agricultural sectors to increase...
SYNTHESES AND CHARACTERIZATION OF MOLECULARLY IMPRINTED POLYMERS USING CHITOSAN-METHACRYLLIC ACID FOR SEQUESTRATION OF TOBACCO SPECIFIC NITROSAMINE ANALOGUES
Statement of Problem
The act and practice of smoking cigarette also impacts differently amongst respective societies, cultures and ecosys...
PERCIEVED PSYCHOLOGICAL EFFECT OF PLAY THERAPY ON PHYSICAL AND SOCIAL WELL BEING OF PRESCHOOL CHILDREN
Background of the study
Every child passes through four stages of patterned development with outstandin...
ASSESSMENT OF KNOWLEDGE, ATTITUDE AND PRACTICE OF SOLID WASTE MANAGEMENT AMONG HOUSEHOLDS IN NIGERIA
ABSTRACT
This study was conducted to assess knowledge, attitude and practice of solid waste management among households in Katsina State,...
FINGERPRINT BASED STUDENT ATTENDANCE MONITORING SYSTEM
Background of the Study
Attendance management of students in institution can be rigorous using the conventional method o...
AN ASSESSMENT INTO THE MANAGEMENT OF ACCOUNTING METHODS AS A TOOL FOR DECISION MAKING IN AN ORGANIZATION
BACKGROUND OF STUDY
Planning, organizing, staffing, directing, and managing are just a few of the task...
ASSESSMENT OF THE STRATEGIES FOR PROMOTING RESILIENCE AND ADAPTABILITY IN VOCATIONAL EDUCATION
ABSTRACT: Strategies for Promoting Resilience and Adaptability in Vocational Education examines approaches to developing resilience and adaptabilit...
