Title:
Adoption of Cloud Computing on the Efficacy of Accounting Practices in Nigeria

Authors:
Awotomilusi, Niyi, Dagunduro, Muyiwa E., & Osaloni, Bankole O, Nigeria

Abstract:

The study assessed the adoption of cloud computing on the efficacy of accounting practices in Nigeria. In order to achieve this, the study distributed a well-structured questionnaire among deposit money banks in Nigeria. The data were analyzed using frequency and ordinary least square regression. From the findings, the study discovered that cloud computing exhibited a significant positive relationship with the efficacy of accounting practices in Nigeria. In addition, other variables employed in the model also revealed that technological advancement and security efficiency depicted a significant relationship with the efficacy of accounting practices in Nigeria. Cost-effectiveness revealed a significant negative relationship. In line with these findings, the study recommended that for more benefits of cloud computing to be harnessed, internet services should be adequately provided and this should be supported by training and retraining of staff in the usage of information systems.

DOI: https://doi.org/10.51505/IJEBMR.2022.61215