THE IMPACT OF ARTIFICIAL INTELLIGENCE ON FIDUCIARY ACCOUNTING PRACTICES
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 3000
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.
Related Project Materials
EARLY CHILDHOOD EDUCATION AND NUTRITION EDUCATION
ABSTRACT: This research explored the impact of early childhood education on nutrition education among young children. The objectives were to evalua...
ICT AND ACADEMIC PERFORMANCE OF PRIVATE PRIMARY SCHOOL PUPILS
Background of the Study
Increasing the level of education offered in educational institutions is a primary focus for the...
STRATEGIES FOR IMPROVING COMPUTER STUDIES IN SECONDARY SCHOOLS IN OSHIMILI AND ANIOCHA LOCAL GOVERNMENT AREA OF DELTA STATE
ABSTRACT
The major purpose of this study was to determine the strategies for improving computer studies...
DEVELOPMENT OF TWO PSYCHOLOGICAL INSTRUMENTS FOR PREDICTING SAFETY MANAGEMENT PRACTICES IN SELECTED WORK ORGANISATIONS
ABSTRACT
The main objectives of this study are to: (i). develop two valid and reliable psychological instruments for assessing safety man...
INTERPERSONAL COMMUNICATION IN CONFLICT RESOLUTION AND ITS EFFECT TO COMMUNITY DEVELOPMENT (A CASE STUDY OF AMAC, ABUJA)
-
- BACKGROUND OF THE STUDY
Conflict can be defined as the s...
EARLY CHILDHOOD EDUCATION AND ADAPTABILITY
ABSTRACT: This study explored the topic of early childhood education and its ro...
THE IMPACT OF MANAGEMENT ACCOUNTING TECHNIQUES ON ORGANIZATIONAL DECISION MAKING
ABSTRACT
The study examined the impact of management accounting techniques on organizational decision m...
AN ASSESSMENT OF INNOVATIONS IN ADAPTIVE LEARNING TECHNOLOGIES FOR PERSONALIZED VOCATIONAL TRAINING
ABSTRACT: Innovations in Adaptive Learning Technologies for Personalized Vocational Training are crucial for addressing diverse learner needs...
CONSTRUCTION OF A GSM BASED HOME AUTOMATION USING AVR
ABSTRACT
With advancement of technology things are becoming simpler and easier for us. Automatic systems are being preferred over manual...
PATIENT HEARTBEAT AND TEMPERATURE MONITOR
BACKGROUND
Heart beat rate means the number of heartbeats per unit time, usually expressed as beats per minute (bpm). The human heart pou...
