Disruptive Technologies and Financial Reporting Quality of the Public Sector in Nigeria
DOI:
https://doi.org/10.56532/mjbem.v4i2.129Keywords:
artificial intelligence, big data analytics, cloud computing, disruptive technologies, faithful representationAbstract
In recent times, the poor quality of financial reporting has given rise to inaccuracy, delay, non-transparency, poor accountability, and corruption. This study, therefore, examined the effect of disruptive technologies on the financial reporting quality of public firms in Nigeria. This study employed a survey research design. The population of this study comprised 43179 respondents from public firms in Nigeria. The sample size was 381, using a proportionate sampling technique. Data collected were analysed using both descriptive statistics and partial least squares-structured equation modelling. The study’s findings showed that cloud computing and artificial intelligence have an insignificant positive effect on financial reporting quality. Big data analytics has a considerably favourable effect on financial reporting quality. By focusing on BDA while optimising AI and Cloud Computing adoption, the study concludes that firms can better leverage disruptive technologies to enhance financial reporting quality.
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