Bachelor of Business Administration - Main Campus

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Browsing Bachelor of Business Administration - Main Campus by Author "Anna Ankunda"

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    Effect of Computerized Accounting Systems on Financial Performance of Public Companies in Developing Countries. A Case Study of Uganda Clays Limited
    (Uganda Christian University, 2024-09-13) Anna Ankunda
    This study explores the impact of Computerized Accounting Systems (CAS) on the financial performance of public companies in Uganda, using Uganda Clays Limited as a case study. In an era where digital transformation is reshaping financial management practices worldwide, this research seeks to investigate the effect of computerized data processing on the accuracy and efficiency of financial information, data storage on the accessibility and integrity of financial data, and the effectiveness of computerized data retrieval in facilitating timely decision making and financial analysis. The research employed a mixed-methods approach that integrates both quantitative and qualitative data, the study offers a comprehensive analysis of the role of CAS in promoting effective financial performance of uganda clays limited. Data was collected through structured questionairres from 44 respondents who were managers, assistants, senior staff and financial officers. These categories of respondants were selected using simple random sampling. The findings reveal that CAS significantly improves financial accuracy and efficiency by automating routine accounting tasks, minimizing human error, and enhancing data processing capabilities. The study demonstrates that the adoption of computerized data storage systems provides robust security measures that protect financial data from unauthorized access and loss while also ensuring rapid retrieval and analysis. These advantages not only streamline operational processes but also foster a culture of transparency and accountability, which is critical in maintaining stakeholder confidence and regulatory compliance. The study concludes that the strategic adoption of CAS is a vital investment for public companies seeking to modernize financial operations and achieve sustainable growth. The research underscores the importance of continuous adaptation and innovation in leveraging the full potential of digital technologies to enhance financial performance. It offers practical recommendations for Uganda Clays Limited and other public entities to optimize the use of CAS, highlighting the transformative impact of these systems on corporate governance, operational efficiency, and financial excellence.