Artificial Intelligence System: Implication for Proper Record Keeping in Microfinance Banks in Nigeria
Journal Title: International Journal of Academic Research in Accounting, Finance and Management Sciences - Year 2018, Vol 8, Issue 1
Abstract
The utilization of artificial intelligence in carrying out accounting functions has been a subject of tremendous optimism, as it forms essential part of accounting profession, providing heavy lifting for many of the most challenging problems in accounting functions. This study assesses the effect of artificial intelligence on proper record keeping in microfinance banks in Nigeria. The objective of the study was to determine effect of artificial intelligence system on proper record keeping in microfinance banks in South East Nigeria. Descriptive research design was adopted in the study among 34 staff of 17 microfinance banks in Enugu. Structured questionnaire was used to obtain the information needed for the study. Data collected were presented in table. The study hypothesis was tested using linear regression at 5% level of significance. The result of the study showed that artificial intelligence system positively enhances proper record keeping in microfinance banks in Enugu Nigeria (r = .859; T = 28.654; p = .000). It was conclude that artificial intelligent influences the performance of microfinance banks in Enugu.
Authors and Affiliations
Odoh Longinus
Forecasting Euro and Turkish Lira Exchange Rates with Artificial Neural Networks (ANN)
Forecasting of financial data has been a field of research since the efficiency of prediction is essential for strategical decision making. Forecasting exchange rates is not a simple task because it is influenced by many...
The Influence of Organizational Culture over the Ethical Principles in International Businesses
One of the most recent tendencies of modern management is that of looking at a company’s activity from the business point of view. The business culture is a very complex element reflected by the company’s organizational...
Corporate Social Responsibility Accounting and the Effect of Donations on Profitability of Oil and Gas Companies in Nigeria
There is a crying need for an in-depth study into the quality, extent of corporate social responsibility (CSR) disclosure and identification of areas for future improvement so that transparency can be ensured, especially...
Index Prediction in Tehran Stock Exchange Using Hybrid Model of Artificial Neural Networks and Genetic Algorithms
Nowadays, investment in the bource organizes the important part of country economy. So the prediction of stocks index is very important for stockholders to earn the highest return from their investment. The changes of st...
Investigation and identification of Factors Affecting Reduction of the Motive of Keshavarzi Bank Employees in Tehran Province Branches