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Published November 30, 2024 | Version CC-BY-NC-ND 4.0
Journal article Open

Effects of Computerised Accounting Procedures on the Quality of Financial Reporting of Crop Boards in Kilimanjaro

Creators

  • 1. Department of Economic and Business Studies (DEBS), Mwenge Catholic University (MWECAU), Moshi, Tanzania.

Contributors

Contact person:

  • 1. Department of Economic and Business Studies (DEBS), Mwenge Catholic University (MWECAU), Moshi, Tanzania.
  • 2. Department of Economics and Business Studies, Mwenge Catholic University (MWECAU), Moshi, Tanzania.
  • 3. Deppartment of Economics and Business Studies, Mwenge Catholic University (MWECAU), Moshi, Tanzania.

Description

Abstract: In today's technological world, the use of computerized accounting procedures has become increasingly prevalent across various organizations. Computerized accounting procedures have been employed by organizations for financial record keeping and reporting. Financial reports are an essential source of information needed for different decision makers and other stakeholders. Therefore, this study aimed to establish the effects of computerised accounting procedures on the quality of financial reporting of crop boards in Kilimanjaro region, Tanzania. The study was grounded by Resource-Based View (RBV) developed by Barney in the 1990s. The study applied a descriptive research design under quantitative research approach. Eight (8) crop boards in Moshi Municipality were targeted comprising of Forty (40) staff dealing with accounting and finance. Sample size was obtained through Sample Size Calculation for Finite Population. Data was collected through questionnaires. Face and content validity was used to ensure the validity of the research instruments, and then the instruments were piloted Three (3) accounts and finance employees at Tanzania Coffee board to clarify any ambiguities and checked for consistency of the data to be collected. Reliability was ensured through Cronbach’s alpha test which was run through Statistical Package for Social Sciences (SPSS) and obtained a coefficient of 0.81 which is reliable. Data was analysed through the aid of SPSS and then presented in form of tables, frequencies, percentages and means. Ethical considerations and ethics ethical values were adhered throughout the research process. The study found that computerized accounting procedures had effects on the quality of financial reports of Crop boards in Kilimanjaro region, Tanzania. Basing on the findings it was concluded that the computerized accounting procedures have a positive effect on the quality of financial reporting of Crop Boards in Kilimanjaro. Further, it was concluded that computerized accounting procedures were effective in facilitating decision making and improving the overall quality of financial reporting. This study recommended that Crop Boards in Kilimanjaro should continue using computerized accounting procedures and enhance the system for improved efficiency, accuracy, and accessibility of financial data. Further, it is recommended that Crop Boards should provide training and skill development programs to their accountants. Also, this study provides area for further studies, recommending that further studies could be conducted on the influence of Computerized accounting systems on the Financial Decision Making.

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Additional details

Identifiers

DOI
10.54105/ijef.B2584.04021124
EISSN
2582-9378

Dates

Accepted
2024-11-15
Manuscript received on 01 August 2024 | Revised Manuscript received on 23 August 2024 | Manuscript Accepted on 15 November 2024 | Manuscript published on 30 November 2024.

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