Quality

Cloud Accounting and the Quality of Financial Reports of Selected Banks in Nigeria (Published)

This study investigated the effect of cloud computing on the quality of financial reports in selected deposit money banks in Nigeria. Software as a service (Saas) and Infrastructure as a service (Iaas), were the cloud computing proxies employed to ascertain their effect on financial reporting quality. Financial reporting quality (FRQT) was measured in terms of qualitative characteristics of financial report as provided by IASB conceptual framework.  The research design adopted in this study was survey design because the data used was primary. The population of the study consisted of 450 respondents drawn from the ten different deposit money banks in Akwa Ibom State. However, the sample size of this study was 212 determined using Taro Yamane formula. Primary data were obtained through Likert 5-points structured questionnaire. In order to examine the cause-effect relationships between the dependent variable and independent variables as well as to test the formulated hypotheses, the study relied on a robust OLS regression analysis. The results obtained from the robust OLS regression analysis revealed that software has a statistically positive but insignificant effect on the financial reporting quality; infrastructure has a statistically positive and significant effect on the financial reporting quality. Thus, we concluded that cloud computing has significant effect on the financial reporting quality of deposit money banks in Nigeria. Based, on these findings, we recommended that banks should adopt cloud computing to accelerate innovation, drive business agility, streamline cost and most importantly increase the financial reporting quality.

 

Keywords: Financial reports, Nigeria, Quality, cloud accounting, selected banks

External Audit and Quality of Accounting and Financial Information in Cameroonian Companies (Published)

In the present economic and financial context of internalisation of commercial transactions and investments, benchmarks in the quality of financial and accounting information within a company are sought by the various stakeholders with quality and reliable financial information being the main factors of concern. Given its geographical setting and the fact that most Cameroonian companies are not listed, this study adopts a new approach to investigate the contribution of external audit in improving the quality of accounting and financial information produced by unlisted companies like Cameroon. To achieve, data were gathered through a survey on a sample of 52 employees of companies in Cameroon. Linear regression and the one factor ANOVA analysis were used to test the research hypotheses. The results indicate that the auditor’s field of specialisation did not reduce manipulation of accounting and financial information, but that the auditor’s mandate duration and the auditor’s reputation have a significant influence on the quality of accounting and financial information.

Keywords: Audit, Cameroon, External, Financial, Quality, statement

The Impacting of the Accounting Environment Affecting the Quality of the Accounting Information (Published)

Nowadays, enterprise accounting plays a very important role in providing accounting information for the management and operation of enterprises, which is the basis for making economic decisions and managing the business owners. Besides, accounting information also supplies for the stakeholders such as state management agencies, business partners, investors, etc. Understandably, the information and accounting data presented in the financial statements must be clear and easy to understand for the users. The user here is understood to be a person with an understanding of business, economics, finance, accounting at an average level. Information on complex issues in the financial statements must be explained in the explanatory note. The objective of the study is to find out the factors affecting the quality of accounting information. The study results showed that there were 200 persons who are the accountants in Vietnam who interviewed and answered about 13 questions. Data collected from March 2017 to December 2017 for accountants in Vietnam. The paper had been analyzed KMO test, Cronbach’s Alpha and the result of KMO analysis which used for multiple regression analysis. Accountants’ responses measured through an adapted questionnaire on a 5-point Likert scale (Conventions: 1: Completely disagree, 2: Disagree, 3: Normal; 4: Agree; 5: completely agree). Hard copy and online questionnaire distributed among 1.000 accountants in Vietnam. The research result showed that three components affecting the quality of the accounting information in Vietnam with significance level 5 percent. The research results processed from SPSS 20.0 software.   

Keywords: Accounting, Accounting Environment, Accounting information, HCE, Quality

The Effect Of Quality Of Business Intelligence System On Quality Of Decision Making (Survey On Financial Institutions In Medan City – North Sumatera) (Published)

This study aims to examine the effect of quality of business intelligence systems on quality of decision making at financial institutions in Medan City, North Sumatra. Survey conducted on 54 operational managers to gather information and to test the hypothesis of a study. Data was collected using questionnaires. The data analyzed with simple regression analysis, while hypothesis testing used was t–test. Results of this study shown that quality of business intelligence system have significant effects on the quality of decision making.

Keywords: Business Intelligence System, Decision Making, Quality