Submit your papersSubmit Now
For Enquiries: [email protected]
IIARD LogoIIARD

Digital Accounting for Biometric Financial Management Efficiency of Accounting Staff in Rivers State Universities

ADIRE, D. Akpomi. M.

Abstract

This study investigated use of Digital Accounting for Biometric Financial Management Efficiency of Accounting Staff in Rivers State Universities. The area of the study was Rivers State. Seven specific objectives, seven research questions and seven null hypotheses guided the study. The study adopted descriptive survey design. The population for this study consists of one hundred and forty six (146) staff of the payroll unit, Accounts unit and Tax units. There was no sampling as the entire population was used for the study, the reason was that the population size is manageable. A self-structured questionnaire was used by the researcher for data collection, the instrument was titled” Digital accounting systems for Biometric Financial Management by Accounting Staff” The instrument was validated by three experts, one in Measurement and Evaluation and others from Business Education department. The instrument was structured on a 4-point rating scale of very high extent, high extent, moderate extent and Low extent. In order to establish the reliability of the instrument that was used for the study, test re-test method was adopted, scores obtained were correlated using Pearson Product Moment Correlation Coefficient and it yielded a reliability coefficient of 0.82 which revealed that the instrument is suitable for the study. The data collected for the study was analyzed by the researcher with SPSS version 27 using mean and standard deviation for research questions while t-test was used to test hypotheses at 0.05 level of significance. Findings of the study revealed that to a high extent cloud accounting, automated bookkeeping, digital invoicing and billing systems, business intelligence tools, enterprise resource planning system, artificial intelligence tools and integrated accounting system is adopted by accounting staff in Rivers State Universities for enhancing biometric financial management. Based on the findings, it was recommended among others that Universities should c

Keywords

DigitalAccountingFinancial ManagementEfficiency Accounting

References

Al-Mashari, M. (2023). ERP systems and their impact on organizational agility: A review of the literature. Information Systems Journal, 34(3), 207–226. Arzizeh T. T., & Ebieri, J. (2018). The Role of Sage Pastel Evolution in the Accounting Profession in Nigeria. Journal of Accounting and Financial Management 4 (6), 27-39. Bani-Ahmad, A. Y. A. (2024). E-invoicing and Cost Reduction: A Case Study of Multinational Corporations. Journal of Information Systems Engineering and Management, 9(2), 25009. https://doi.org/10.55267/iadt.07.14746 Bhimani, A., & Willcocks, L. (2014). Digitization, 'Big Data,' and the transformation of accounting systems. Accounting and Business Research, 44(4), 469-490. DOI:10.1080/00014788.2014.910051 Booth, P. (2021). Cloud Accounting and Financial Decision Making. Accounting & Finance Journal, 45(2), 78-92. Brealey, R. A., Myers, S. C., & Allen, F. (2020). Principles of Corporate Finance. McGraw- Hill Education. Brigham, E. F., & Ehrhardt, M. C. (2017). Financial Management: Theory & Practice. Cengage Learning. Brigham, E. F., & Ehrhardt, M. C. (2017). Financial Management: Theory & Practice. Cengage Learning. Brodsky, A., Liu, R., & Zhang, J. (2021). The evolution of business intelligence: From dashboards to AI-driven analytics. Journal of Business Analytics, 4(3), 215–232. DOI:10.1080/2573234X.2021.1915074 Brown, T., Carter, P., & White, M. (2020). User experience in cloud-based accounting: A study on FreshBooks. Journal of Business Technology, 15(3), 90-110. Bupo, G.O., & Akpomi, M. E (2023). Artificial intelligence, robotics, and information communication technologies: Tools for enhancing business and educational management. Journal of Business and Entrepreneurship Education, 2(1), 21-29 Cameron, H. (2025). What is biometrics? https://www.techtarget.com/searchsecurity/definition/biometrics Carter, P., & Nelson, L. (2022). Cybersecurity risks in cloud accounting: A comparative study of Xero and FreshBooks. Journal of Digital Security, 19(4), 130-145. Chandrasekaran, R. (2019). The Cost Advantages of Cloud-Based Accounting. International Journal of Business & Economics, 36(3), 112-130. Chimezie (2024) investigated digital skills as a correlate of self-reliance among Business Education Students in Rivers State Universities. Unpublished PhD seminar, Rivers State University. Davis, P. (2021). Integrating third-party apps with QuickBooks for enhanced business efficiency. Journal of Business Technology, 15(3), 112-128. Davis, R., & Thompson, S. (2021). Comparing Xero and FreshBooks: Suitability for different business models. Accounting Review Journal, 14(2), 120-135. Emeka,D. A., & Amaewhule, W. A (2024). Utilization of Digital Technologies for Effective Teaching of Accounting Courses in Business Education Programme in Rivers State Universities. Journal of Accounting and Financial Management 10(5), 29-42 Farea, M. M., Alifan, B., Al-Dubai, M. M. M., Bani Ahmad, A. Y. A., Mohamed, R. R., & Hatamleh, A. A. (2024). Intelligent automation in accounting and financial reporting. Journal of Tianjin University Science and Technology, 57(06), 36-47. Frank, T. (2024). Benefits of integrated accounting software. Retrieved from: https://www.connectpointz.com/blog/integrated-accounting-software-benefits Gartner (2023). Market trends in digital billing and invoicing systems. Available at: Gartner.com www.ijee.io Ghasemi, M., Shafeiepour, V., Aslani, M., & Barvayeh, E. (2017). The impact of information technology on modern accounting systems in Procedia-Social and Behavioral Sciences, 28,112–116 Gomber, P., Koch, J. A., & Siering, M. (2017). Digital Finance and FinTech: Current Research and Future Research Directions. Journal of Business Economics, 87(5), 537- 580. Green, J., & Taylor, S. (2021). User experience and satisfaction in accounting software: A QuickBooks case study. Accounting Review Journal, 14(2), 98-115. Green, J., & Taylor, S. (2022). Payroll integration in cloud-based accounting software: Xero’s competitive advantage. Business Software Review, 16(1), 95-112. Gupta, M., Verma, P., & Singh, R. (2019). Cloud computing in accounting: The next frontier. International Journal of Cloud Applications and Computing, 9(4), 45–61. Haddara, M., & Moen, M. (2023). The role of cloud ERP in the digital transformation of SMEs. International Journal of Information Management, 68(2), 101–113. Harrison, R. (2020). Overcoming challenges in QuickBooks adoption for small enterprises. Small Business Management Review, 12(4), 45-60. Harrison, R. (2021). The role of automation in small business accounting: A FreshBooks case study. Small Business Management Review, 12(4), 50-65. Hull, J. C. (2018). Options, Futures, and Other Derivatives. Pearson. Hutt, R. (2020). How digital invoicing is transforming SMEs globally. World Economic Forum. Retrieved from WEF.org Iacob, M. E., & Meertens, L. O. (2020). Toward a framework for adopting electronic invoicing in SMEs. Journal of Information Systems and e-Business Management, 18(3), 321–339. Intuit. (2023). QuickBooks security and features overview. Retrieved from www.intuit.com Johnson, M., & Lee, P. (2021). Assessing cost-effectiveness and customization in FreshBooks for startups. Financial Management Insights, 10(1), 80-97. Johnson, M., Lee, P., & Smith, R. (2020). The role of QuickBooks in modern financial management for small businesses. Financial Management Insights, 10(1), 77-92. Kishor, K. (2022) Adoption of Digital Accounting: Issues and Advancement of Peace in Business. International Journal for Research Trends and Innovation 7(2), 23-34 Klaus, H., Rosemann, M., & Gable, G. G. (2022). What makes ERP systems successful? Revisiting success factors and implementation challenges. Journal of Enterprise Information Systems, 36(4), 567–585. DOI:10.1080/17517575.2022.1926487 Kokina, J., Giri, S., & Andrews, M. (2023). AI adoption in accounting: Enhancing financial management practices. Journal of Emerging Technologies in Accounting, 20(2), 35– 51. DOI:10.2308/JETA-2023.005 Lee, K., Brown, T., & Williams, D. (2021). Cybersecurity considerations in cloud-based accounting solutions. Journal of Digital Security, 19(5), 150-167. Lee, K., Brown, T., & Williams, D. (2022). Security considerations in Xero and FreshBooks: A comparative analysis. Journal of Digital Security, 19(5), 150-167. Malali, A. B., & Gopalakrishnan, S. (2020). Application of Artificial Intelligence and Its Powered Technologies in the Indian Banking and Financial Industry: An Overview. IOSR Journal of Humanities and Social Science, 25(4), 55-60. Miller, D. (2022). Cloud accounting and remote collaboration: Xero’s impact on modern businesses. Journal of Financial Technology, 13(2), 66-85. Muhammad, R., Siska, Y.D & Haim, H (2024). The Impact of artificial intelligence on financial management. Management Studies and Business Journal (productivity) 1 (1), 123-129 www.ijee.io Nelson, P., & Carter, B. (2022). Assessing the limitations of QuickBooks for large-scale enterprises. Enterprise Accounting Review, 18(3), 200-215. Nelson, P., & Carter, B. (2022). Challenges in implementing Xero for non-accountants. Enterprise Accounting Review, 18(3), 210-225. Nizam, I. (2018). The impact of accounting software on business performance. International Journal of Information System and Engineering, 6(1), 1-25 Nnah, L, & Maccarthy, M. I (2024). Digital accounting system and fraud mitigation in federal public enterprises in rivers state, Nigeria. International Journal of Management, Accounting and Finance 10 (1), 93-121 Nnokam, F., & Akpomi, M. E (2023). Business Educators’ Digital Skills and Utilization of Accounting Software in Pedagogy in Rivers State Universities. Rivers State University Faculty of Education Conference Journal, 3(2), 24- 42. https://rsufecj.com/index.php/rsufecj/article/view/21 Oracle, (2025). Definition of enterprise resource planning . Retrieved from: https://www.oracle.com/ng/erp/what-is-erp/. Organization for Economic Co-operation and Develop

More Articles from INTERNATIONAL JOURNAL OF EDUCATION AND EVALUATION