IDEAS home Printed from https://ideas.repec.org/a/ris/lcjsss/0057.html
   My bibliography  Save this article

Safeguarding Financial Integrity: The Nexus of Cloud Accounting Systems and Financial Reporting of Nigerian Listed Deposit Money Banks

Author

Listed:

Abstract

This study explored how cloud accounting affects the quality of financial reports in Nigeria's banking industry. It examined if factors like data security, efficient resource use, and compliance adherence, linked to cloud accounting, influence the clarity, accuracy, and timeliness of these reports. Data analysis was conducted using statistical methods. The study population comprised 24 listed deposit money banks in Nigeria. A purposive sample of eight banks with international authorization licenses was selected. To enhance representativeness, the sample was further expanded to include 384 respondents from the selected banks' headquarters in Lagos, employing the Cochran sample size determination formula. The results showed that compliance assurance features in cloud accounting explain 47.0% of the variability in financial transparency, as indicated by an adjusted R-square of 0.470. ANOVA results indicate significant relationships between cloud accounting proxies and financial reporting quality dimensions. Data Security and Privacy positively predict Accuracy (F(2,353)=31.174, p

Suggested Citation

  • OLADEJO, Olusola James A. & Mary Etigale, OCHOM, 2025. "Safeguarding Financial Integrity: The Nexus of Cloud Accounting Systems and Financial Reporting of Nigerian Listed Deposit Money Banks," Lead City Journal of the Social Sciences (LCJSS), Lead City University, vol. 10(1), pages 79-90, May.
    • Handle: RePEc:ris:lcjsss:0057
    as

    Download full text from publisher

    File URL: https://www.lcu.edu.ng/index.php/lead-city-journal-of-the-social-sciences
    File Function: Full text
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:lcjsss:0057. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Daniel Akanbi (email available below). General contact details of provider: https://www.lcu.edu.ng/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.