0704-883-0675     |      dataprojectng@gmail.com

THE IMPACT OF DATA ANALYTICS ON MANAGEMENT ACCOUNTING PROCESSES

  • Project Research
  • 1-5 Chapters
  • Quantitative
  • Simple Percentage
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: Available
  • Recommended for : Student Researchers
  • NGN 3000

Abstract:

This study investigates the impact of data analytics on management accounting processes in Lagos State, Nigeria. The objectives are to: (1) evaluate how data analytics enhances the accuracy and efficiency of accounting processes, (2) assess the influence on decision-making and strategic planning, and (3) analyze the challenges of integrating data analytics into management accounting. A survey design was chosen to gather data from financial managers and data analysts. The sample size, calculated using Taro Yamane's formula, ensures representativeness. Zenith Bank Plc was selected as the case study due to its advanced use of data analytics in accounting processes. The reliability coefficient score of the survey was 0.94. Findings indicate that data analytics significantly improves the accuracy, efficiency, and decision-making processes in management accounting. However, challenges such as technology integration and staff training were noted. It is recommended that companies in Lagos State invest in data analytics technologies and provide continuous training to fully leverage their benefits in management accounting.





Related Project Materials

CREDIT MANAGEMENT IN THE BANKING SECTOR AND ECONOMIC GROWTH OF NIGERIA

ABSTRACT

In Nigeria, the banking sector is an important part of the financial system, the banking sector dominate the N...

Read more
THE ROLE OF CAREER ACADEMIES IN PREPARING STUDENTS FOR VOCATIONAL CAREERS

Abstract: The role of career academies in preparing students for vocational careers is pivo...

Read more
ANALYSIS OF TOTAL QUALITY MANAGEMENT AND ITS IMPACTS ON ORGANIZATIONAL PERFORMANCE

EXCERPT FROM THE STUDY

  1. Total Quality Management has had numerous positive impacts on First Bank, Ikotun which include; improvemen...

    Read more
    INVESTIGATION OF CORROBORATION UNDER THE NIGERIAN LAW OF EVIDENCE

    BACKGROUND TO THE STUDY 

     

    Corroboration is evidence that tends to confirm a fact for which furthe...

    Read more
    ACHIEVEMENTS AND CHALLENGES OF TECHNICAL AID CORPS AS A FOREIGN POLICY TOOL

    ABSTRACT

    . The Technical Aid Corps Scheme is conceived by the Federal Government of Nigeria as an instrument of economic diplomacy. The u...

    Read more
    THE USE OF INFORMATION COMMUNICATION TECHNOLOGIES IN PUBLIC RELATIONS PRACTICE

    EXCERPT FROM THE STUDY

    In order to put the contemporary practice and relevance of PR in proper perspective, it is import...

    Read more
    URBANIZATION AND INDUSTRIALIZATION IN NIGERIA

    ABSTRACT

    The focus of this study is on how the manufacturing industries in Kaduna metropolis have impacted on the develo...

    Read more
    DESIGN_AND_CONSTRUCTION_OF_AN_INVERTER_TYPE_ARC_WELDING_MACHINE

    THE BACKGROUND

    Welding is a way of heating pieces of metal using electricity or a flame so that they melt and stick together. It can simp...

    Read more
    DEVELOPMENT OF AN IMPROVED KEYFRAME EXTRACTION SCHEME FOR VIDEO SUMMARIZATION BASED ON HISTOGRAM DIFFERENCE AND K-MEANS CLUSTERING

    ABSTRACT

    The rate of increase in multimedia data necessitated the need for a large number of storage devices. Nonetheless, the stored mul...

    Read more
    THE EFFECT OF MOTIVATION OF LABOUR COST AND PRODUCTIVITY ON NIGERIA CONSTRUCTION INDUSTRY

    ABSTRACT

    Motivation is considered as an important tool for enhancing worker’ productivity. Construction sector is...

    Read more
    Share this page with your friends




whatsapp