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
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