Effect of ICT on Accounting Information System and Organisational Performance
Journal Title: European Journal of Business and Social Sciences - Year 2016, Vol 5, Issue 2
Abstract
ICT has been a major factor of efficient accounting system and great organizational performance recently. ICT has been used to augment the reliability of accounting information and organizational performance. Accounting systems include the computer hardware and software fundamentals in recording accounting information. Organizational performance in this study was related to ability finances, ability to meet set goals and actions. However, to maximise the benefits of information technology systems, the appropriate implementation and adoption procedures have to used, or else, there is little or no impact of these technologies on the earlier mentioned variables. This study investigates empirically the impact of information technology on accounting systems and organizational performance. This study utilizes secondary data and Pearson’s correlation was used for analysis using SPSS for a sample of 20 staff in financial services and other related accounting departments in Covenant University. The results of the empirical findings show that there is a significant positive relationship between ICT system and accounting system and a significant positive relationship between ICT and organizational performance.
Authors and Affiliations
Taiwo, J.N. – PhD, ACIB| Department of Banking & Finance, Covenant University, Ota, Ogun State eMail: joseph.taiwo@covenantuniversity.edu.ng, Agwu M. Edwin – PhD| Associate Professor of Strategic Management and Marketing, School of Business, Covenant University, Ogun State, Nigeria AND Adjunct Lecturer and External dissertation supervisor for Global MBA students at Manchester Business School, United Kingdom: eMail: edwinagwu@yahoo.co.uk or edwin.agwu@covenantuniversity.edu.ng, MSc| Associate Professor of Strategic Management and Marketing, School of Business, Covenant University, Ogun State, Nigeria AND Adjunct Lecturer and External dissertation supervisor for Global MBA students at Manchester Business School, United Kingdom: eMail: edwinagwu@yahoo.co.uk or edwin.agwu@covenantuniversity.edu.ng, MBA| Associate Professor of Strategic Management and Marketing, School of Business, Covenant University, Ogun State, Nigeria AND Adjunct Lecturer and External dissertation supervisor for Global MBA students at Manchester Business School, United Kingdom: eMail: edwinagwu@yahoo.co.uk or edwin.agwu@covenantuniversity.edu.ng, BSc (Hons)| Associate Professor of Strategic Management and Marketing, School of Business, Covenant University, Ogun State, Nigeria AND Adjunct Lecturer and External dissertation supervisor for Global MBA students at Manchester Business School, United Kingdom: eMail: edwinagwu@yahoo.co.uk or edwin.agwu@covenantuniversity.edu.ng, NCE| Associate Professor of Strategic Management and Marketing, School of Business, Covenant University, Ogun State, Nigeria AND Adjunct Lecturer and External dissertation supervisor for Global MBA students at Manchester Business School, United Kingdom: eMail: edwinagwu@yahoo.co.uk or edwin.agwu@covenantuniversity.edu.ng
Keywords
Related Articles
- EP ID EP10757
- DOI -
- Views 359
- Downloads 11
EVOLUTION OF ECONOMIC INDICATORS IN THE CLOTHING INDUSTRY: A COMPARATIVE ANALYSIS BETWEEN ROMANIA AND THE EXTERNAL ENVIRONMENT
The goal of our approach is a thorough study of the achievement of high performance in making financial decisions on trading companies in the clothing industry through economic financial analysis. Another aspect that...
EFFECT OF FINANCIAL STATEMENT ANALYSIS ON INVESTMENT DECISION MAKING. A CASE OF BANK OF KIGALI
One of important assumptions in decision making process and improvement economy is existence of quality information. Significant number of this information comes from accounting information systems and from financial s...
THE RELIGIOUS CONSCIOUSNESS OF YOUTH AS A TOOL OF MODERN MARKETING
The article reveals the question of the religious consciousness of modern youth and the question of the perception of religion as promotional material.
Making Meaning, Governing Change: Wittgenstein meets Humpty Dumpty
The purpose of this paper is to explore the notion that when words are successfully imbued with certain meanings and these meanings become manifest in organizational practice, a particular form of social actuality is...
EFFECTS OF PROFITABILITY ON DIVIDEND PAYOUT BY COMMERCIAL AND SERVICES FIRMS LISTED IN THE NAIROBI SECURITIES EXCHANGE
Many reasons exist why companies pay or fail to pay dividends. Yet figuring out why companies pay dividends and investors pay attention to dividend is the “dividend puzzleâ€. The general objective of this study was...