Essentialities of Cloud Accounting Information System on The Operational Efficiency of Firms In Nigeria

IF 3.3 Q1 BUSINESS, FINANCE

Journal of International Accounting Auditing and Taxation Pub Date : 2023-07-13 DOI:10.47747/jat.v3i2.1221

S. Beredugo

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Abstract

Novel accounting technology such as cloud accounting information system has taken the Centre stage in its presumed capacity to provide relevance online accounting and auditing solutions that are accessible from anywhere through the cloud service providers. It is no doubt that keeping pace with this accounting technology has comes with apprehension from target audiences, that have created apathy in the deployment of cloud accounting by some companies in Nigerian, due to some speculative drawbacks such as high security breaches, high cost of IT services, risk of unauthorized access and viruses among others. It is in this light, that the study firstly examined the essentialities of cloud accounting information system on the operational efficiency of firms in Nigeria and secondly evaluated if there are significant differences in the perception of respondents in deployment of cloud accounting on corporate exigencies in Nigeria. The survey research design was adopted to collect data from 385 respondents in 32 companies cutting across four sectors in Nigeria. The Chi-square and Analysis of Variance were used for the test of hypotheses and it was discovered that cloud accounting significantly enhances the operational efficiency of firms in Nigeria, while there were no significant difference in the perception of respondents in deployment of cloud accounting leading to increase in the risk of unauthorized access, weak or no access control and high cost of IT services etc. In all, the benefits of the deployment of cloud accounting outweighs the exposures and it was recommended among others that organizations should endeavour to implement substantial security measures to protect IT infrastructure through effective internal control architecture

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云会计信息系统对尼日利亚企业运营效率的重要性

新的会计技术，如云会计信息系统，已经占据了中心舞台，其假定的能力，提供相关的在线会计和审计解决方案，可通过云服务提供商从任何地方访问。毫无疑问，跟上这种会计技术的步伐会引起目标受众的担忧，尼日利亚的一些公司对部署云会计不感兴趣，原因是一些推测性的缺点，如安全漏洞高、It服务成本高、未经授权访问的风险和病毒等。正是在这种情况下，该研究首先检查了云会计信息系统对尼日利亚公司运营效率的重要性，其次评估了受访者对尼日利亚公司紧急情况部署云会计的看法是否存在显著差异。采用调查研究设计收集来自尼日利亚四个部门32家公司的385名受访者的数据。使用卡方和方差分析对假设进行检验，发现云会计显著提高了尼日利亚公司的运营效率，而受访者对部署云会计导致未经授权访问风险增加，访问控制薄弱或没有访问控制以及it服务成本高等风险的看法没有显著差异。总而言之，部署云会计的好处大于风险，除其他外，建议组织应努力实施大量安全措施，通过有效的内部控制架构保护it基础设施

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of International Accounting Auditing and Taxation BUSINESS, FINANCE-

CiteScore

4.50

自引率

3.80%

发文量

期刊介绍： The Journal of International Accounting, Auditing and Taxation publishes articles which deal with most areas of international accounting including auditing, taxation and management accounting. The journal''s goal is to bridge the gap between academic researchers and practitioners by publishing papers that are relevant to the development of the field of accounting. Submissions are expected to make a contribution to the accounting literature, including as appropriate the international accounting literature typically found in JIAAT and other primary US-based international accounting journals as well as in leading European accounting journals. Applied research findings, critiques of current accounting practices and the measurement of their effects on business decisions, general purpose solutions to problems through models, and essays on world affairs which affect accounting practice are all within the scope of the journal.