11.The Effectiveness of the Accounting Information System

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— Nowadays Enterprise Resource Planning System (ERP) plays a vital role in the business environment. It could be considered as a competitive advantage for firms. On t h e other hand, t h e quality of accounting information is a critical issue for the decision makers. In this study, we investigate whether ERP Systems Implementation has effects on the relevance of accounting information by measuring timeliness, feedback value, and predictive value of accounting information. The analysis shows that ERP System's existence has a positive effect on the relevance of accounting information. This finding has been achieved by distributing questionnaires to the decision makers in 115 firms consisting of 90 ERP system adopters and 35 non-adopters.

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This study aimed to examine the effect of enterprise resource planning systems on the management control systems, the quality of accounting information, financial performance and nonfinancial performance. In addition, this study also examines the effect of enterprise resource planning system on the performance of financial and non-financial performance with management control system as an intervening variable. The data were collected by distributing questionnaires by purposive sampling to the respondents. While respondents are middle managers, with a total of 54 respondents. Data were analyzed using SEM to help SmartPLS version 1.0. The results of this study revealed that the enterprise resource planning system effect on management control system, the quality of accounting information, performance of financial and nonfinancial performance. Be expected this research may help other researchers who use the same topic in completing these findings in the field of accounting for the progress and research in the future as reference material and material consideration or comparison in doing research. For further research is expected to lead to the improvement of adding a variable external factors such as accounting information systems, management information systems, etc., which of these variables can affect the performance.

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With ever changing global scenario in business sector, uses of ERP (Enterprise resource Planning) to cut down on accounting cost have gained a rapid growth. Not only large enterprises, but medium as well as small enterprises have gone on the path of ERP implementations. Using an ERP in your accounting, not only cuts down the time consumption in maintaining accounting records, but also helps in managerial accounting and decision making with ready to use real time data on click of a button. This paper has been analyzed on impact of ERP implementations on the management accounting process on different kinds of industries. Previous study talks about many references to factors underlining successful ERP implementations with reference to plummeting management accounting decision making burden. Multiple regression analysis has been done on the basis of factors and methods of management accounting extracted from review of literature. The focus of this paper is to give a scenario for further research with respect to impact on management accounting as a result of ERP implementations.

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