The Impact of Artificial Intelligence Adoption on Management Accounting Practice Effectiveness: The Moderating Role of Accountants' Digital Competence in Nigerian Deposit Money Banks
Kabiru Dandago
PDFPublished: 2026/07/21
Abstract
This study examines the impact of Artificial Intelligence (AI) adoption on management accounting practice effectiveness in Nigerian Deposit Money Banks (DMBs), considering the moderating effect of accountants' digital competence. The research targeted employees in accounting, finance, internal audit, and IT/systems roles across DMBs licensed by the Central Bank of Nigeria (CBN). A structured questionnaire was developed and distributed electronically, with twenty questionnaires allocated to each of the sixteen participating banks, yielding 320 distributed instruments. Of the responses received, 286 questionnaires were deemed valid for statistical analysis after excluding fourteen incomplete or invalid responses. The study adopted a quantitative, descriptive-correlational design and analyzed the data using Partial Least Squares Structural Equation Modeling (PLS-SEM) with SmartPLS software, following the two-stage approach of assessing the measurement model and then the structural model. The results revealed statistically significant positive effects of AI adoption on management accounting practice effectiveness and of accountants' digital competence on management accounting practice effectiveness, as well as a statistically significant positive moderating effect of digital competence on the relationship between AI adoption and management accounting practice effectiveness. The proposed model explained 47.6% of the variance in management accounting practice effectiveness. Based on these findings, the study recommends structured AI-literacy training for accounting staff, phased integration of AI tools into core management accounting processes, and stronger collaboration between finance and IT functions.
Keywords
The Impact of Artificial Intelligence Adoption on Management Accounting Practice Effectiveness: The Moderating Role of Accountants' Digital Competence in Nigerian Deposit Money Banks is licensed under CC BY 4.0
References
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