THE IMPACT OF ARTIFICIAL INTELLIGENCE ON FIDUCIARY ACCOUNTING PRACTICES
Abstract: Artificial intelligence (AI) is transforming fiduciary accounting practices, offering new tools for efficiency and accuracy. This study aims to (1) explore the impact of AI on fiduciary accounting, (2) evaluate the benefits and challenges of AI integration, and (3) identify best practices for leveraging AI in fiduciary accounting. A survey research design was selected to gather insights from fiduciary accountants on their experiences with AI technologies. The sample size, calculated using Taro Yamane’s formula, includes 250 fiduciary accountants, ensuring a representative dataset with a 95% confidence level and a 5% margin of error. The case study focuses on a fintech company in Lagos, at the forefront of AI adoption in fiduciary accounting. The reliability coefficient score for the survey was 0.90, indicating excellent reliability. Findings indicate that AI significantly enhances the accuracy and efficiency of fiduciary accounting processes, but also poses challenges such as the need for technical expertise and potential job displacement. The study recommends that fiduciary accounting firms invest in AI training programs and develop ethical guidelines for AI use to maximize its benefits while mitigating risks.
ABSTRACT
The purpose of this project is to examine the level of acceptability between the self-assessment scheme a...
ABSTRACT
An independent activity within an organization to review of purchasing and financial policies of the organizat...
BACKGROUND OF THE STUDY
The pursuit of knowledge that is unchangeable and unquestionable has been ongoi...
STATEMENT OF THE PROBLEM
Classroom management is the heart of any educational system. No curriculum Planning is complete...
BACKGROUND OF THE STUDY
Mental health is a health issue that is in circulation, specifically among Nige...
ABSTRACT
Crinum zeylanicum is a medicinal plant used in folk medicine for management of general debility, infantile seizures and pain. So...
This study aimed to investigate the effect of laboratories in secondary schools on students&...
Abstract: The topic of this research is the impact of educational technology on adult learning in Nigeria. This study aimed to examine how edu...
Abstract
The objective of the present study was to evaluate the antidiarrheal activity of the methanol stem bark extract of Hymenocardia...
ABSTRACT
The objective of this research work contains working capital management as a tool for minimization and profit maximization with...