TECHNOLOGICAL ACCOUNTING AND CORPORATE DECISION OF SMALL AND MEDIUM ENTERPRISES IN NIGERIA

Abstract Any business, regardless of size, must implement good internal control systems and sound technological accounting because small and medium-sized businesses (SMEs) cannot afford the complexity of a comprehensive accounting system, which leads to many of them having single entries in their books and incomplete records. This study aims to examine the impact of technological accounting on corporate decisions of small and medium enterprises. The population for this study consists of 150 employees of Top Performance Builders LTD, Boyawek Guest Amenities, and Rightstart Dynamic Resources. This sample size of 80 employees was drawn using convenience sampling. The research design for this study is a survey design and stratified random sampling and simple random sampling (probability sampling technique) were the sampling techniques used in this research work. The findings indicate that technological accounting enhances administrative effectiveness of manufacturing organizations, also technological accounting plays a significant role in helping firms enhance service delivery. This study recommends that businesses should feel secure enough to employ information technology effectively to boost and improve their competitive edge in this perplexing, globalized environment. Secondly, it is crucial to continuously update technological accounting to keep up with the rapid advancements in the contemporary business environment. Management of SMEs should view technological accounting improvement as a continuous process that should not be halted after success at a particular stage. Keywords: Technology accounting; Corporate decision; SMEs; Nigeria