department of education terminology

need for accounting software research papers

silo square homes for sale

(2019a, b, c) found in their study that ICT has a significant impact on the auditing practices. (2020) and Ashrafi and Murtaza (2013), which found that the knowledge of accounting principles and accounting software leads to the adoption of accounting software in SMEs. Mohammed Muneerali Thottoli can be contacted at: https://doi.org/10.1108/JIUC-04-2020-0005, http://creativecommons.org/licences/by/4.0/legalcode, http://www.FEB.UGent.be/fac/research/WP/Papers/wp_06_403.pdf fromhttp://proquest.umi.com/pqdweb?index=6&did=1194660571&Srch, http://www.collecter.org/archives/2006_December/07.pdf. 75-98. (2018) found that the use of Excel in accounting areas such as audit, tax, advisory and corporate is considered as important by majority of small organizations. 7 No. (2020), A review of researches on accounting in China brought by artificial intelligence, 5th International Conference on Economics, Management, Law and Education (EMLE 2019), Atlantis Press, pp. and Copeland, M.K. 3 No. 33 Nos 7-8, pp. 4 No. The research is restricted to few variables that have a relationship with the operational practices of selected organizations under SMEs in Oman. Ganyam, A.I. The purpose of using the interview technique in this research is to investigate whether knowledge of accounting software has an influence on the adoption or use of accounting software in SMEs in Oman. 2, pp. Replacing traditional accounting paper records with computer-based records brings many advantages, especially for SMEs. 1 No. 1, pp. 1 No. (2015), The importance of record keeping to the growth of Small and Medium Scale Enterprises (SMEs) in Zimbabwe, Corporate Ownership and Control, Vol. You can join in the discussion by joining the community or logging in here.You can also find out more about Emerald Engage. (2019a), Qualitative analysis on information communication technology and auditing practices of accounting professionals, Journal of Information and Computational Science, Vol. (2020) and Wadesango (2015) in their studies that majority of SMEs use single-entry accounting and keep those transactions in books or MS Excel. Draijer, C. (2020), Best practices of business simulation with SAP R/3, Journal of Information Systems Education, Vol.

22 No. Kumar, P.N. Anderson, D.R., Sweeney, D.J., Williams, T.A., Camm, J.D. Undoubtedly, it is no secret that technology has evolved to the extent that no current business enterprise can operate without it (Huy and Phuc, 2020; Thottoli, 2020; Situmorang, 2020; Ramazani et al., 2012). and Bradley, K.P. 4, pp. The government and policymakers should strategize on encompassing the use or adoption of accounting software by accounting professional in SMEs by giving aid and regulating the selected features of accounting software, hence making SMEs more compliant to the accounting standards or IFRS and tax laws in Oman. 3, pp. This study explores the effect of knowledge of accounting software which leads to adoption of accounting software among SMEs in Oman. Musa, A. and Abu, A. (2011), E-accounting practices among small and medium enterprises in Ghana, Journal of Management Policy and Practice, Vol. Another interviewee noted that, [] easy to generate report and track the account and analyze the data this is supported by Birt et al. It means that there is a significant and positive relationship between the ICT and the auditing practices of accounting professionals. An empirical study in Oman, The International Journal of Accounting and Business Society, Vol. 7 No. In addition, accounting / ERP software, Adobe Acrobat, PowerPoint and the FASB Codification were recognized as often employed across various accounting areas and practical knowledge levels. 121-135. 456-480. Most of the SMEs are not maintaining complete accounting records. Birt, J., Chalmers, K., Maloney, S., Brooks, A., Oliver, J. and Bond, D. (2020), Accounting: Business Reporting for Decision Making, John Wiley & Sons, Hoboken, New Jersey. 146-155. (2020) and Amahalu et al. Sami, M. (2011), Quality of information as strategic factor in accounting information system (AIS) towardsbetter organizational performance, JRMSI-Jurnal Riset Manajemen Sains Indonesia, Vol. 244-259. SMEs face various issues in implementation of ICT, such as inadequate financial resources, availability of inexperienced ICT employees, insufficient knowledge and skilled/experienced employees in the job market. Anyone may reproduce, distribute, translate and create derivative works of this article (for both commercial and non-commercial purposes), subject to full attribution to the original publication and authors.

Yu, X., Zheng, H., Sun, L. and Shan, Y. 2, pp. and Besar, N.S.A.

Thus, this improved customized accounting software or ERP in SMEs will definitely improve their proficient way of handling daily recording of business transactions, the approach of accounting practices by SMEs and consequently improve the efficiency and effectiveness of SMEs accountants that will lead to generate automated fair financial statements and other related reports such as cash flow statements and budgetary report. Situmorang, P.P. According to interviews and literature review, this research identifies the variables to be analyzed, the knowledge of accounting software and use or adoption of accounting software among SMEs accountants. An organization employing between 50 and 250 employees is considered as medium-sized organization or firms. 1, pp. (2017), Emerging information technologies in accounting and related security riskswhat is the impact on the Romanian accounting profession, Journal of Accounting and Management Information Systems, Vol. started Published by Emerald Publishing Limited. 1-7. Bui, N.T., Le, O.T.T. To choose the required respondents for the survey, this study has used a purposive sampling method to make ease of estimation procedure (Teddlie and Tashakkori, 2009). It manages all its accounting in purchases, sales, profits, losses and other related project. This result is consistent with some of the previous studies (Turner et al., 2020; Janvrin et al., 2008; Hostrom and Hunton, 1998). 1, pp. 3, p. 37. Hostrom, G.L. In addition, this research shows the empirical evidence of knowledge of accounting software effects on the adoption or use of accounting software among SMEs in Oman.

companies services business drive confidence paths need (2020) and Everaert et al. R1, for example, states, Making daily invoices prepare the general budget of the ministry and assist in facilitating the financial operations of the government by identifying monthly revenues and expenses and sending them to the ministry. Another interviewee (R2) reiterated the importance of knowledge of accounting software, Lack of knowledge of how to use advanced software are the barriers while using such accounting software. Likewise, this result is supported by Oduro (2020), Pillay (2016), who claim that lack of practical knowledge and thus unable to experience the potential benefits of latest technology and strategies to support and boost SMEs in achieving their business operational objectives is the major barrier to ICT adoption. Further, most SMEs outsource majority of their accounting services. danya kluwer wolters apac In addition, accounting controllers think employing an ERP system leads to modifications in the role of accountants (Chen et al., 2012). Idota, H., Bunno, T. and Tsuji, M. (2020), Impact of ICT on innovation: the case of Japanese SMEs, Disruptive Technology: Concepts, Methodologies, Tools, and Applications, IGI Global, pp. (2015), Obstacles and implementation of accounting software system in small medium enterprises (SMEs): case of south Asian perspective, Abdur and Uddin, Mohammad Main, Obstacles and Implementation of Accounting Software System in Small Medium Enterprises (SMEs): Case of South Asian Perspective, (May 23, 2015), Vol. Ashrafi, R. and Murtaza, M. (2013), ICT adoption in SME in an Arab GCC country: Oman, Small and Medium Enterprises: Concepts, Methodologies, Tools, and Applications, IGI Global, pp. (2019c), Examining the impact of informaiton communication technology on auditing professionals: a quantitative study l, Journal of Advanced Research in Dynamical and Control Systems, Vol. Hernandez, A.A. (2020), Exploring the factors to green IT adoption of SMEs in the Philippines, Start-Ups and SMEs: Concepts, Methodologies, Tools, and Applications, IGI Global, pp. Tax authorities should encourage SMEs to use accounting software for recording business transactions to tackle with corporate tax and VAT. 22-48. 97-122. Rudzani, S. and Manda, D.C. (2016), An assessment of the challenges of adopting and implementing IFRS for SMEs in South Africa, Problems and Perspectives in Management, Vol. The study reveals a number of implications. As there are no specific studies that examine the knowledge and use of accounting software among SMEs in Oman, there is no clarity regarding the accounting practices that accountants follow in an ICT-enabled or accounting software environment. 14 No. Lack of use and knowledge of accounting software leads to continued manual accounting that may be very hard for business owners, especially SMEs, to monitor financial health of their businesses. 1 No. (2005), Critical information and communication technology (ICT) skills for professional accountants, Meditari Accountancy Research, Vol.

The rationale for selecting the respondents was their experience and basic knowledge in accounting and accounting software and their practical knowledge and its applications within the selected SMEs in Oman. Chen, H.J., Yan Huang, S., Chiu, A.A. and Pai, F.C. Organization with less than 10 employees is considered as a micro organization or enterprise.

Further, this study can be extended to categorize SMEs into partnership, LLP and sole proprietorship and evaluate the effectiveness and efficiency of using accounting software or ERP with traditional method of recording accounting transactions. 13 No. (2012), The ERP system impact on the role of accountants, Industrial Management and Data Systems, Vol. 11 Nos 1-2, pp. 90-98. 13 No. As per the limited knowledge of the researcher, there are no previous qualitative study that used and empirically examined the relationship between knowledge and use of accounting software among accounting professionals of SMEs in Oman. The respondents indicated that these determining aspects, which have been stated, have played a very serious role in determining selection and use of accounting software structure for accounting in various SMEs in Oman, thus enhancing the accounting practices.

Sitemap 20

need for accounting software research papers