Cloud accounting costs and financial performance of deposit money banks in Nigeria Department: Accountancy By: PRINDYTECHNIE Project ID: 8855 Rating: (5.0) votes: 1Rate this project12345 Price:₦5000 Get the Complete MaterialAbstractThe study determined the effect of cloud accounting cost on the financial performance of Nigerian deposit banks. Specifically, the study ascertained the relationship between server maintenance cost and return on assets of Nigerian deposit money banks, the relationship between software acquisition cost and return on assets of Nigerian deposit money banks, and the relationship between cost of training and return on assets of Nigerian deposit money banks. Ex-post facto research was employed by the study. A sample of five deposit money banks was used for the study. Data were extracted from the annual accounts of the sampled banks from 2014 to 2024. The data were analyzed and tested with multiple regression analysis via E-View 9.0. The results revealed that server maintenance cost and cost of training have a positive effect on financial performance, but this effect was not significant, while software acquisition cost has a negative and insignificant effect on the financial performance of deposit money banks in Nigeria. Based on the findings, the study recommended, among others, that there is a compelling need for the government to enact a law to protect cloud data and ensure its seamless utilization. Reduce the cost of data and accessories; this will act as an incentive to many organizations to key into the new technology. ...Preview Download Preview +Other Accountancy project topics and materials you might be interested in»The Impact of Accounting Ratio in Decision Making ( A Case Study of Nigeria Breweries Plc Enugu) »The impact of budget and budgetary control in tertiary institutions ( A Case study of imo state university )»Internal control as a tool for improving profitability»The role of financial institutions in the development of Nigeria economy»Impact of computerization of accounting system of commercial banks ( A case study of union bank plc )»The Impact of product development on banks performance ( A Case study of first bank plc )»Effects of standard costing on the profitability of manufacturing companies (a case study of nigerian breweries plc, Ama, Udi local government of Enugu state) »Role of good accounting system in the management of private enterprise in Nigeria ( A Case Study of Nwaogo pam paper mills limited )»The role of accounting system in measuring organizational performance of transport company ( A Case study of ABC Transport )»Auditing in Nigeria companies, problems and prospects»Effect of misrepresentation of information in a financial statement»Effective internal control as an aid to management efficiency ( Case Study of Nigeria Bottling Company Owerri )»The effects of computerized accounting system on the performance of banking industry in Nigeria»The impact of development finance institutions (DFIS) in economic development of Nigeria»An appraisal of fraud prevention measures in Nigerian banking sector ( Case study of access bank plc owerri )