THE IMPACT OF TECHNOLOGICAL INNOVATIONS ON INTERNATIONAL ACCOUNTING
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- NGN 3000
ABSTRACT
This research examines THE IMPACT OF TECHNOLOGICAL INNOVATIONS ON INTERNATIONAL ACCOUNTING, aiming to understand the influence of emerging technologies, assess their implications on accounting practices, and identify opportunities for improvement. A survey design was employed to gather data from a broad spectrum of accounting professionals. The sample size, determined using Taro Yamane's formula, was 420 accountants from Lagos, ensuring a comprehensive dataset. Lagos was selected due to its status as a technology hub. The reliability coefficient score of the survey tool was 0.89. Findings indicate that technological innovations, such as blockchain and artificial intelligence, significantly impact international accounting practices by enhancing efficiency and accuracy, yet pose challenges in terms of integration and compliance. The study recommends developing specialized training programs for accountants and fostering collaboration between technology developers and accounting professionals to harness these innovations effectively.
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