TECHNOLOGY ADOPTION AND ITS IMPACT ON FIDUCIARY ACCOUNTING PRACTICES
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- NGN 3000
TECHNOLOGY ADOPTION AND ITS IMPACT ON FIDUCIARY ACCOUNTING PRACTICES
This study aims to (1) assess the level of technology adoption in fiduciary accounting, (2) evaluate the impact of technology on accounting efficiency and accuracy, and (3) identify barriers to technology adoption. A survey design was chosen to gather data from fiduciary accountants across various organizations. Using Taro Yamane's formula, a sample size of 125 accountants was derived from a population of 200 in Kano. A leading technology-driven fiduciary accounting firm in Kano was selected as the case study for contextual relevance. The reliability coefficient score of the survey was 0.89, indicating high reliability. Findings indicate that technology adoption significantly enhances accounting efficiency and accuracy, although barriers such as high costs and resistance to change persist. The study recommends increased investment in technology and comprehensive training programs to facilitate smoother technology integration in fiduciary accounting practices.
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