| 1 |
Author(s):
Ummukulthum Bello Sulaiman, Abdullahi Ya’u Usman.
Page No : 1-16
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A Narrative Review of SME Adoption of Accounting Information Systems in Nigeria.
Abstract
This study theoretically reviewed the relevance of accounting information practice on SMEs in Nigeria. The adoption of Accounting Information Systems (AIS) among Small and Medium-sized Enterprises (SMEs) in Nigeria is essential for improving financial management, operational efficiency, and compliance with regulatory standards. Despite its potential, the adoption rate remains low due to various challenges such as high implementation costs, limited technical expertise, and inadequate infrastructure. This systemic review aims to provide a comprehensive understanding of the current state of AIS adoption among Nigerian SMEs, the factors influencing adoption, the benefits and challenges of AIS implementation, its impact on business processes and financial reporting, and user satisfaction levels. This study adopted library and theoretical literature approach and employed quotient research analysis with the use of secondary publications. The findings highlight the need for targeted interventions and support from the government and private sector to enhance AIS adoption and utilization in the Nigerian SME sector. It so implies that SMEs have the potential to generate a profit using AIS. As a result, study has shown that funding choices necessitate the use of an objective information system. However, individuals in charge of mentoring, fostering, and revitalizing SMEs in Nigeria should require them to adopt good AIS and refrain from promoting SMEs with loan facilities and other items if correct AIS is not maintained.
| 2 |
Author(s):
Justice Iddrisu Lambon, Evans O. N. D. Ocansey (Ph.D.).
Page No : 17-38
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Influence of Mobile Money on Economic Growth in Sub-Saharan Africa as Moderated by Financial Stability.
Abstract
This study investigates the influence of mobile money on economic growth in SSA, with a special focus on the moderating role of financial stability. The primary objective of the study is to assess whether the economic benefits of mobile money are conditional upon a stable financial environment. To achieve this, the study employs a quantitative research design, utilizing panel data from 38 SSA countries spanning the period 2000 to 2023. Mobile money adoption, financial stability, and economic growth are each measured using composite indices constructed from multiple indicators. The empirical analysis is conducted using the system Generalized Method of Moments (GMM) to address endogeneity and capture dynamic relationships. The findings reveal that while mobile money does not independently exert a statistically significant effect on economic growth, its interaction with financial stability is both positive and significant. This indicates that mobile money contributes to growth only when supported by a stable financial system. Control variables such as education and inflation are also found to be significant, reinforcing their importance in SSA’s development trajectory. The study offers key practical and theoretical implications. For policymakers, the results suggest that expanding mobile money infrastructure must be complemented by institutional reforms that bolster financial stability. For accounting and development researchers, the study provides a novel framework for integrating digital financial metrics into macroeconomic modeling. These insights contribute to the evolving discourse on financial inclusion, institutional quality, and sustainable growth in Africa.
| 3 |
Author(s):
Kwaku Ohemeng Tinyase, Evans O. N. D. Ocansey (Ph.D.), Felix Oppong Asamoah (Ph.D.).
Page No : 39-65
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Moderating Effect of Auditor Experience in the Interplay of Technology, Motivation, Time Pressure, and Audit Quality.
Abstract
The increasing complexity of the modern audit environment, characterized by technological advancements, heightened stakeholder expectations, and stringent regulatory requirements, has intensified the challenges faced by auditors in delivering high-quality audits. This study investigates the interplay between technology adoption, auditor motivation, and time pressure on audit quality, with a specific focus on the moderating role of auditor experience. Drawing upon the Job Demands-Resources (JD-R) model and the theory of cognitive fit, this research employs a cross-sectional design and a sample of 350 auditors from various specializations in Accra, Ghana. Structural equation modeling is used to test the hypothesized relationships. The findings reveal that auditor motivation and technology adoption have significant positive effects on audit quality, while time pressure exhibits a counterintuitive positive influence. Notably, auditor experience significantly moderates these relationships, enhancing the positive impact of motivation and technology on audit quality while mitigating the adverse effects of time pressure. Furthermore, the combined influence of motivation, time pressure, and technology on audit quality is found to be significant, with auditor experience playing a crucial moderating role in this complex interplay. These findings underscore the importance of cultivating experienced auditors who can effectively navigate the challenges posed by technological disruption, motivational factors, and time constraints to deliver high-quality audits. The study contributes to the understanding of audit quality dynamics in the contemporary audit environment and offers valuable insights for audit firms, regulators, and policymakers.
| 4 |
Author(s):
Inibehe G. Alexander, Olalekan O. Akinrinola (Ph.D.), Chimeruo V. Onyeka-Iheme (Ph.D.).
Page No : 66-81
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Monetary Policy and Bank Performance in Nigeria.
Abstract
This study examines the impact of monetary policy on bank performance in Nigeria, using a data sourced from CBN statistical bulletin which spans between 2010 and 2023, with a specific focus on the relationship between the monetary policy tools and return on assets (ROA). Using Auto Regressive Distributed Lag (ARDL) regression analysis, the study tests three hypotheses to determine whether monetary policy tools are significantly influences bank’s performance (ROA). The results indicated insignificant positive relationship between inflation rate, interest rate and ROA, suggesting that changes in the central bank’s interest rate directly affect bank’s performance. Also, there is no significant relationship found between cash reserve ratio and ROA, implying that other factors, such as regulatory frameworks, operational efficiency, macroeconomic stability, and inflation rate volatility, play a more dominant role in determining bank’s performance. Based on these insights, the study recommends that the CBN consider the impact of monetary policy on bank performance when setting monetary policy rate, while financial institutions should enhance their interest rate management strategies. Future researchers should explore additional macroeconomic variables, such as exchange rate movements and GDP growth, to provide a more comprehensive understanding of bank performance determinants.
| 5 |
Author(s):
Ozurumba Chibueze Vitus, Chibuzoh Alphonsus, Fabiyi Olawale Tanimola, Hassan Kyomnom Isreal.
Page No : 82-90
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Effect of Bank Fraud Control Measures on the Profitability of Deposit Money Banks in Nigeria.
Abstract
The study examined the effect of bank frauds control measures on deposit money banks’ profitability in Nigeria spanning a period of 24 years from 2000 to 2023. The data were sourced from secondary sources which included Nigeria Deposit Insurance Corporation (NDIC) publications and the Worldwide Governance Indicators data for Nigeria. Whereas deposit money banks profitability (proxy by banks return on assets – ROA) served as the dependent variable, total bank fraud (TBF), regulatory oversight (RO) and internal control (IC) served as the explanatory variables. The Augmented Dickey Fuller (ADF) test was used to ascertain the stationarity of this model, which proved to be of mixed order. The ARDL co-integration bounds test was further employed to ascertain the long run relationship test of the variables. The result showed that there was presence of co-integration, hence establishing a long run relationship between bank fraud control measures and deposit money banks’ profitability. The results of Auto-regressive Distributed Lag (ARDL) estimate showed that the explanatory variables have a negative and insignificant relationship with deposit money banks’ profitability. It is recommended that bank fraud detection measures, regulatory oversight and internal control mechanisms should be strengthened.
| 6 |
Author(s):
Emmanuel Peprah, Evans O. N. D. Ocansey (Ph.D.), Emmanuel Kwame Asirifi.
Page No : 91-116
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Economic Impact of Tax Reforms in Developing Economies: Analyzing Growth, inequalities, Revenue, and Policy Moderators.
Abstract
Purpose: The major goal of this research is to critically assess the economic impact of tax reforms in developing countries, with a particular emphasis on how various types of tax adjustments affect revenue mobilization, equity, and long-term economic growth. The study aims to integrate existing literature to identify major trends, conflicts, and policy gaps in the implementation of tax changes, particularly in the context of African economies like Ghana.
Design/Methodology/Approach: To ensure emphasis and relevance, this study uses a Traditional Literature Review (TLR) strategy, guided by SPIDER framework features. A total of 56 publications published between 1943 and 2025 were reviewed, with Boolean operators and MeSH phrases used to search databases such as Crossref, Google Scholar, and Europe PMC. The inclusion criteria centered on studies about tax reform types, tax policy results, revenue effects, and inequality. Quality evaluation was based on citation frequency each year, authorship, publication credibility, and relevance to the research issues.
Findings: The research reveals widespread agreement that well-designed tax reforms, particularly those underpinned by strong institutions and digital systems, can greatly increase domestic revenue mobilization and drive economic growth. However, the gains of reforms are frequently negated by continuing tax disparities, tax enforcement, and under taxation of the informal sector. Empirical data also show that financial growth and democratic governance are crucial in increasing the effectiveness of tax strategies. Despite substantial improvements, there are still gaps in reform type disaggregation, longitudinal data, and local government research.
| 7 |
Author(s):
Evans O. N. D. Ocansey (Ph.D.), David Oppong, Samuel Antwi.
Page No : 117-132
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The Influence of Globalization on Public Sector Accounting Practices in Developing Countries: A Systematic Review.
Abstract
Purpose:
The detailed relationships between globalization and accounting reform, and especially the introduction and adaptation of international standards, including IFRS and IPSAS in the public sector are considered in the paper. The basic objective is to learn not just how globalization influences the direction of reform, but also to investigate the institutional, political and cultural conditions that affect the success and failure of these reforms in different national contexts.
Findings
The discussion shows that globalisation has had a lot to do with the push towards the standardisation of accounting practices. However, the effects of these international reforms in the state sector are imbalanced and strongly controversial. Although the use of IFRS has become common, its implementation has frequently conflicted with those of the priorities of the public sector because of the difference in the objectives and functions. IPSAS is a more appropriate substitute, but it is obstructed by institutional frailty, political timidity, and complicated technical demands. Besides, no strong empirical research has been conducted to assess practical impacts of these reforms to governance, accountability and financial transparency. The review also adds that there is the need to change accounting practices in order to address current challenges in the world like digital innovation and sustainability.
Practical Implications
An approach towards reform needs to be nationally specific as opposed to indiscriminately applying international standards. The policymakers should invest in institutional capacity, stakeholder participation, and research following the footprints of the actual world changes on reforms. Secondly, researchers and standard developers should be willing to develop accounting models that are not very rigid so as to embrace global standards, and at the same time consider the local demands.
Originality/Value
This paper is a critical and integrative literature review on globalization and its reforms on the public sector accounting. It helps reveal theoretical and practical gaps in existing research and policy strategies, in particular in transferring global standards into various institutional conditions. The usefulness of the study resides in the fact that it suggests a more flexible, evidence-based reform agenda of the future that is responsive to the realities of the public governance in a globalized world.
| 8 |
Author(s):
Quazi Nur Alam, Shakil Ahmed Sabuz, Dr. Md. Sazzadur Rahman Khan, Lutfun Nehar.
Page No : 133-148
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Assessing the Impact of Multiple Stock Screening Techniques on the Performance of Listed Manufacturing Firms in Bangladesh.
Abstract
This paper investigates the efficacy of various screening methods in analyzing the financial distress and performance of listed manufacturing companies listed in Bangladesh. As making financial decisions becomes complicated, businesses, investors, and policymakers require sound evaluation methodology to analyze the viability and potential growth of firms. In this study, several screening techniques (e.g., ratios, market, and operating indicator) are systematically analyzed to determine their ability to predict manufacturing firms’ viability. The approach is put into practice by the sample of listed manufacturing companies of various sectors and the quantitative approach is used to measure associations between screening variables and performance variables including profitability, liquidity, and growth potential. The results indicate that multimethod function-testing could create one integrated performance assessment method and therefore provide a richer picture for the decision process. This paper adds to the literature in corporate finance by demonstrating that a variety of screening devices can be useful tools for monitoring the manufacturing industry and offers both academic and practical relevance for financial analysts, investors and firms seeking long-term survival.
| 9 |
Author(s):
Kupoluyi Joshua Oluyemi, Olalekan O. Akinrinola (Ph.D.), Dele Ojomolade (Ph.D.), Barine Michael (Prof.), Areghan Akhamolu Isibor (Ph.D.).
Page No : 149-166
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Government Expenditure on Infrastructure Development and Economic Growth in Nigeria.
Abstract
The study examined the effect of government expenditures on infrastructure development in economic growth in Nigeria explores the effect of public spending across key sectors on economic growth, with Gross Domestic Product (GDP) as the dependent variable. The study used four proxies for government sectoral expenditure: expenditure on agriculture (GEA), education (GEE), health (GEH), and transportation (GET). A quantitative research design was employed, covering the period from 1990 to 2023. Data were collected from secondary sources, specifically the Central Bank of Nigeria (CBN) Statistical Bulletin and World Bank Development Indicators. The Autoregressive Distributed Lag (ARDL) technique was used for data analysis due to its suitability for small sample sizes and mixed order of integration. The regression results show that the p-values for GEA (0.1903), GEE (0.8167), GEH (0.2825), and GET (0.4965) are all statistically insignificant on Gross Domestic Product (GDP) within the period studied. The study concluded that government expenditure in agriculture, education, health, and transportation has not yielded a statistically significant impact on Nigeria’s economic growth over the past three decades.
| 10 |
Author(s):
Ayoade Olumayowa Vincent, Isibor Areghan (Ph.D.), Akinrinola Olalekan (Ph.D.).
Page No : 167-181
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Digital Payment Platforms and Financial Performance of Deposit Money Banks in Nigeria.
Abstract
This study examines the impact of digital payment platforms on the financial performance of Nigerian deposit money banks from 2009 to 2023. Using an ex-post facto design, it analysed secondary data from ten banks, focusing on Automated Teller Machines (ATM), Point of Sale (POS), Web Pay, and Mobile Pay as proxies for digital payment platform, with Price Earning (P/E) ratio representing financial performance. Data was sourced from the Nigerian Exchange Group, Central Bank of Nigeria, and bank financial reports and then analyzed using Autoregressive Distributed Lag (ARDL) model . Findings revealed that ATM and Web Pay had negative and significant impact on financial performance likely due to high operational costs and cybersecurity risks. POS and Mobile Pay had no significant effect indicating a limited direct contribution to financial performance of deposit money banks in Nigeria. The study recommends cost reduction and enhanced cybersecurity for ATM and Web Pay, while expanding POS and Mobile Pay infrastructure to reach underserved populations
