Ethical Impacts of Artificial Intelligence on Managerial Accounting Functions in Nigeria

The study was motivated by need to integrate artificial intelligence (AI) into
managerial accounting so as to transformed organizational decision-making which has
raised significant ethical concerns. The purpose of this study was to explored ethical
impacts of AI on managerial accounting functions in Nigeria, the study was guided by
two research objectives, two research questions and two hypotheses. Descriptive and
empirical research design were employed in conducting the research. The population
of the study was 32 AI-integrated firms in all the Lagos AI-integrated forms and a
sample of 30 AI- integrated firms were used for the study. Sample random sampling
technique was used in selecting the sample for the study using the taro yamane
formula. Specifically, the hat and draw method. The instruments used for data
collection were ethical impact of artificial intelligence on managerial accounting
function questionnaire and ethical impact of artificial intelligence on managerial
accounting function interview. The instruments were validated by lecturers in
accounting Department Faculty of Social Science University of Jos. online and direct
methods of data collection were used in collecting the data for the study. The data
collected was analyzed using Descriptive statistics and multiple linear regression
analysis with the help of SPSS v24. The results revealed that while ethical constructs
were highly valued by respondents, they did not had a statistically significant effect
on the perceived adoption or effectiveness of AI systems. The study recommended the
need for ethical awareness and the implementation of these principles in Nigerian
managerial accounting practices for the development of targeted policy interventions,
the establishment of organizational ethical frameworks, and capacity-building
initiatives to foster responsible AI adoption.