IJEBM Vol:1, Issue:2 (2025), Pages 644-663.
ISSN: 3079-4218 Ojo et al. (2025)
Copyright© 2025 by authors; licensee IJEBM. This publication is open access and can be freely accessed and
distributed.
AI-driven decision-making in financial management
1
Osaloni Bankole Ojo,
2
Akinadewo Israel S,
3
Duduyegbe Simeon Sunday,
4
Fasakin Akinola
Julius,
5
Owoeye Taiwo Omolade
1,2,3,4,5
Department of Accounting, Afe Babalola University, Ado Ekiti, Ekiti State, Nigeria
Emails:
1
omoeri@abuad.edu.ng,
2
duduyegbe.simeon@pg.abuad.edu.ng,
3
osalonibo@pg.abuad.edu.ng, https://orcid.org/0009-0008-8634-3024,
4
fasakin.akinola@pg.abuad.edu.ng,
5
owoeyeomolade@pg.abuad.edu.ng, https://orcid.org/0009-0006-
2098-8029
Corresponding Author: osalonibo@pg.abuad.edu.ng
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.
Keywords: Financial management, natural language, expert systems, machine learning, and
artificial intelligence. JEL: O30, L80, L86, L68, L63
Introduction