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 364
- Downloads 11
THE IMPACT OF MARKETING INFORMATION SYSTEMS QUALITY IN IMPROVING THE COMMERCIAL PERFORMANCE OF ORGANIZATIONS: ANALYTICAL ESSAY ON THE CASE OF AGRI-FOOD COMPANIES IN THE REGION OF SOUSS MASSA DRAA5, MOROCCO.
The objective of this article is to reveal the relationship between the quality of Marketing Information Systems and improving the commercial performance of the company. To do this, we conducted a collection data, we...
MODELLING AND FORECASTING INBOUND TOURISM DEMAND TO ISTANBUL: A COMPARATIVE ANALYSIS
In an increasingly completive industry, government bodies, managers and practitioners in tourism sector are faced with the necessity of forecasting future tourism demand for effective planning. In this study, it is ai...
COUNSELING NEEDS OF HEARING DISABLED SPOUSES AND ITS RELATIONSHIP WITH THEIR PSYCHOLOGICAL ADAPTATION
The current study aimed at identifying the counseling needs for hearing disabled spouses and its relationship with their psychological adaptation. A correlational descriptive method was used. The study population cons...
REVIEW AND PRIORITIZATION OF THE ORGANIZATION'S EXTERNAL ENVIRONMENT FACTORS ON COMPETITIVE PERFORMANCE IN THE BANKING INDUSTRY WITH FORESIGHT APPROACH: CASE STUDY OF SEPAH BANK, 1391
Highly dynamism of business environment in the banking industry has caused the problem of how to maintain and develop superior competitive position in this industry to be a major challenge for managers, particularly...
LAW AND ORDER OR GLOBAL ANARCHY
Substantial problem of paper is at the junction of Sociology of Law, Legal Theory and Philosophy of Law. My 12 years experience as a city judge has been strengthened fundament for the practical approach to the solutio...