Assessment of the Effectiveness of Computerized Accounting Information Systems(CAIS) in Measuring and Controlling Economic Activities of an Enterprise Timely: The Case of Ethiopian Industrial Inputs Development Enterprise(EIIDE)

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Date

2017-05

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Addis Ababa University

Abstract

This paper presents an empirical study of assessments of effectiveness of CAIS in measuring and controlling economic activities of an enterprise. The purpose of this study is to know benefits of computerised accounting information systems of EIIDE; to assess the effectiveness of using computerised accounting information systems in EIIDE; to identify the challenges as well as problems associated with the use of these computerised accounting information systems. Primary and secondary data were used in this study. The primary sources include the use of questionnaires and personal interview while the secondary data were include text books, article and other important write-up in various journals. A survey method of data collection was used and the collected data were analysed qualitatively and quantitatively through descriptive statistical mean and cross tabulation analysis using SPSS version20 computer software. Generally, based on all the intended variables (Perceived usefulness, Infrastructure, HR Capability, Ease of use, Internal Controlling System, Flexibility, Completeness, Security and comprehensive) effect, the findings imply that CAIS of EIIDE is moderately effective in measuring and controlling the economic activities of the enterprise.Pertaining to the research questions, the results revealed that CAIS moderately helped the EIIDE to improve internal controlling systems that reflected as segregation of accounting duties, facilitate accounting duties and follow up, process large amounts of financial information, strengthen the responsibility and accountability and also improved the reliability of financial reports of the Enterprise. But the EIIDE did not get the necessary benefits (showing and generating real time financial position) that it has to get from CAIS. The challenges that hinder the enterprise to get the necessary benefits of CAIS are no adequate and necessary IT infrastructures, No strong enough internal controlling system, no competent enough HR skills (IT specialists and the users) and incompleteness of the system with the necessary accounting modules .To mitigate the above challenges and get full necessary benefits of CAIS the EIIDE recommended to invest on development IT fields by forming a committee of all the beneficiary directorate workers, Skill upping the HR competency of those users and administrators of the system through training accordingly and there should be alert enough about the upcoming IT security breach problems and its effects on the enterprise regularly. Prospect is kept open for further research regarding cost wise effectiveness and efficiency of CAIS of the enterprise. Keywords: accounting system, information system, computerized accounting information system, IT infrastructure

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Keywords

Accounting system; information system; computerized accounting information system; IT Infrastructure.

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