An Analysis of Empirical Applicability of Auditing in a Cloud Environment in Nigeria

Abstract

This study examined an empirical analysis of auditing in a cloud accounting environment in Nigeria: prospects and challenges. The research design used in the study was a survey method. The technique made sure the researcher could describe a sizable population at a specific time by gathering data from the chosen sample at that time. The population of the study consists of the staff of selected audit and accounting companies in Abuja. The staff is made up of two hundred and eighty-seven (287) persons. The sample size of 164 respondents was derived using Cochran statistics. Frequency tables and percentages were adopted to analyze the demographic characteristics of the respondents and leading research questions while the independent sample t-analysis was adopted to test the hypotheses of the study. The major findings of the study are that there are no significant problems with auditing in a cloud accounting environment in Nigeria and there are significant prospects with auditing in a cloud accounting environment in Nigeria. It is therefore the recommendation of the study that for more benefits of cloud computing to be more harnessed, internet services should be adequately provided, and this should be supported by training and retraining of staff in the usage of information systems.