AI-driven decision-making in financial management

The financial management of registered accounting firms in Lagos State, Nigeria, is assessed in this study using AI-driven decision-making. Specifically, the study aimed to determine how AI-driven financial planning enhances the reliability and effectiveness of organisational operations. The study employed a survey research design because data were collected directly from the respondents. The results indicate that AI-driven decision-making with machine learning, expert systems and natural language has a considerably significant relationship with financial management because its usage in organisational management will assist in enhancing the operation of financial management practice by 19.5% which will enable the financial management to gain more efficient and effective operation. Managing the complex interactions between regulatory frameworks and technological advancements. The study added to the body of knowledge already available on utilising AI-driven decision-making in financial management within registered accounting firms in Lagos State, Nigeria. Based on dialogue between technology developers and regulators that create adaptive frameworks in keeping pace with the rapid advancements in AI, this recommends the successful integration of innovative solutions into financial management.

Authors

Publication Details

Journal
International journal of economics and business management
Published
2025-08-30
DOI
https://doi.org/10.59568/ijebm-2025-1-2-43
Citations
1
Primary Topic
Big Data and Business Intelligence
Type
article
Field-Weighted Citation Impact
2.28
Controls
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article

AI-driven decision-making in financial management

Israel S. Akinadewo, Olayinka Anthony Ojo, Simeon Sunday Duduyegbe, Julius Fasakin Akinola et al.
1 citations
International journal of economics and business management
Big Data and Business Intelligence
2.28
article

AI-driven decision-making in financial management

Israel S. Akinadewo, Olayinka Anthony Ojo, Simeon Sunday Duduyegbe, Julius Fasakin Akinola, Owoeye Taiwo Omolade
article en
1 citations

Abstract

The financial management of registered accounting firms in Lagos State, Nigeria, is assessed in this study using AI-driven decision-making. Specifically, the study aimed to determine how AI-driven financial planning enhances the reliability and effectiveness of organisational operations. The study employed a survey research design because data were collected directly from the respondents. The results indicate that AI-driven decision-making with machine learning, expert systems and natural language has a considerably significant relationship with financial management because its usage in organisational management will assist in enhancing the operation of financial management practice by 19.5% which will enable the financial management to gain more efficient and effective operation. Managing the complex interactions between regulatory frameworks and technological advancements. The study added to the body of knowledge already available on utilising AI-driven decision-making in financial management within registered accounting firms in Lagos State, Nigeria. Based on dialogue between technology developers and regulators that create adaptive frameworks in keeping pace with the rapid advancements in AI, this recommends the successful integration of innovative solutions into financial management.

International journal of economics and business managementVol. 1(2b)
Openalex Percentile: Top 9%
Big Data and Business Intelligence
2.28
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