THE EFFECT OF COMPUTERISED ACCOUNTING SYSTEMS ON THE QUALITY OF FINANCIAL REPORTING IN CORPORATE UTILITIES
| dc.contributor.author | Kasaija Abia | |
| dc.date.accessioned | 2024-12-13T07:45:41Z | |
| dc.date.available | 2024-12-13T07:45:41Z | |
| dc.date.issued | 2024-09-10 | |
| dc.description.abstract | This is a theoretical research paper that explored the effect of computerized accounting systems on quality financial reports made at the Umeme Kampala branch. The specific objectives of this study were; to examine the effect of transaction processing systems on the quality of financial reporting in Umeme, to examine the effect of computerized reporting systems on the quality of financial reporting in Umeme and to examine the effect of systems security on financial reporting in Umeme. The researcher implemented the correlational design with a combined-method approach, whereby quantitative data were combined with qualitative data. The entire population was 56, out of which a sample size of 49 was obtained by using simple random sampling. Consequently, computerized accounting systems relate moderately positively with qualities of financial reports, meaning results regarding financial report qualities are all accounted by transaction processing systems. The results showed a moderate positive relationship between the systems security and the quality of the financial reports. This was a total outcome on the quality of the financial reports explained by the systems security. The findings of this study have established that there is significant positive relation between computerized accounting systems and the quality of financial reports. The timeliness, comparability, understandability and also reliability have been reviewed in past literature in this study. The realization of integrating the e-billing system with SAP S/4 HANA and PRINCE2 systems was that an upgrade should be done to reduce errors generated by manually transferring data from one system to another. The accounting system has improvements and versions that are regularly updated to suit the relevance of the system in a contemporary environment. This is achieved by continued training of the staff by the authorized dealers of the packages, hence remaining well equipped with the knowledge and experience of the system. Best practice will require that system audit logs be periodically reviewed for potential security incidents and security breaches. Therefore, internal audit reviews should give more emphasis to appraisal and checking of the strength of instituted controls within computerized accounting systems especially the audit logs at Umeme, and the removal of obsolete systems. | |
| dc.identifier.uri | https://hdl.handle.net/20.500.12311/2516 | |
| dc.language.iso | en | |
| dc.publisher | Uganda Christian University | |
| dc.title | THE EFFECT OF COMPUTERISED ACCOUNTING SYSTEMS ON THE QUALITY OF FINANCIAL REPORTING IN CORPORATE UTILITIES | |
| dc.type | Other |