EFFECT OF INFORMATION TECHNOLOGY COMPETENCE ON ACCOUNTING INFORMATION SYSTEMS IN THE NIGERIAN BUSINESS ECOSYSTEM

Abstract

The Nigerian business ecosystem is one of the important industries that supports the expansion and improvement of the national economy. Indeed, one of the significant concerns of business entities is maximizing profit and competing efficiently in the market. However, there is growing intimation about many firms' poor performance in accounting information systems. Thus, the current study aimed to investigate the effect of ICT competence and effective AIS in the business ecosystem in Nigeria. One hundred nine accountants from various firms responded to the research instrument to measure ICT competence and effective AIS. The result of a simple linear regression analysis was conducted to test the relationship between accountants' ICT competence and AIS in the business environment. The result showed a significant regression equation F (1, 107), = 221.83, P<.05), with an R2 of .412, indicating that ICT competence contributed 41.2% of the variation in the AIS effectiveness in the business ecosystem. Thus, the study's outcome confirms the hypothesis that ICT competence predicts effective AIS in business. The findings, implications, and conclusions are discussed.