Cultural Dimensions and its Effect on Accounting Practices: A Study of Selected Businesses in Calabar

The primary goal of this study aimed to study the effect of cultural dimensions on accounting practices, specifically targeting a sample of firms located in Calabar, Cross River State. The general objectives included an examination of power distance effecting accounting practices across the sampled firms located in Calabar, Cross River State; an evaluation of the effect of individualism on accounting practices across these firms; and an analysis of uncertainty avoidance effecting accounting practices across these firms. The methodological approach used by this study included the descriptive survey method. The sample targeted included the accountancy unit of Lafarge Plc located in Calabar, consisting of 34 personnel, and Niger Mills Limited located in Calabar, consisting of 33 personnel. In this context, sample selection had relied on the census method. The study had only relied on the use of primary data, collected from sampled personnel via well-designed questionnaires. Analysis of data collected had relied on Ordinary Least Squares, enabled by the Statistical Package for Social Sciences (SPSS 27.0). The findings established by this study indicated that power distance influences accounting practices across sampled firms located in Calabar, Cross River State; individualism also has an effect on accounting practices across these firms; while uncertainty avoidance also has an effect on accounting practices across sampled firms located in Calabar, Cross River State. In line with these findings, it had been suggested, alongside other recommendations, that there ought to be reconsidering structuring organizational hierarchies so as to address the power distance, established by this study as significantly prominent across researched firms.