AN APPRAISAL OF EMERGING TRENDS IN PUBLIC ACCOUNTING SOFTWARE AND TECHNOLOGY
This study appraises emerging trends in public accounting software and technology. The objectives are to identify the latest software and technological innovations in public accounting, to evaluate the impact of these innovations on accounting practices, and to assess the challenges faced in adopting new technologies. A survey research design was adopted to gather data from public accountants and IT professionals. Using Taro Yamane's formula, a sample size of 230 respondents was determined to ensure representativeness and reliability. The study focuses on Lagos, Nigeria, due to its technological advancements and significant number of public accounting firms. The reliability coefficient score for the survey instrument was 0.88, indicating high reliability. Findings reveal that cloud-based accounting software, artificial intelligence, and blockchain technology are among the latest innovations transforming public accounting. These technologies enhance efficiency, accuracy, and security in accounting practices. However, challenges such as high implementation costs, the need for continuous training, and resistance to change were identified. The study recommends that public accounting firms invest in modern accounting technologies, provide ongoing training for their staff.
ABSTRACT
This study evaluates the effectiveness of advertising expenses on the sales revenue and profitability of Unilev...
ABSTRACT
Amaranthus viridis (Amaranthaceae), an annual herb, used in traditional medicine as diuretic and emollient, in poultices on infl...
ABSTRACT
The study examined the use of financial accounting as a tool for managerial decision making, a Study of Access...
Background of the study
Technology advancements have pushed instructional resources, particularly projected and el...
ABSTRACT
The study examined the information sources and use of traditional medicine among farmers in Ed...
Background of the study
The judiciary, among these organs, is an indispensable organ that balances the...
ABSTRACT
This study was conducted to compare management practices and output of private and public secondary schools in...
Background of the study
The role of prior knowledge in the learning process has been a focal point of e...
Abstract
The study examines the impact of inflation on economic growth of Nigeria. Other micro economic variable tested...
ABSTRACT
This study investigated the effects of problem-solving and co-operative teaching methods on academic performance of secondary sc...