The Role of Mobile Accounting Applications on financial performance of SMEs
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Date
2024-09-13
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Uganda Christian University
Abstract
Small and medium sized enterprises play a crucial role in fostering economic growth, particularly in developing nations like Uganda,where they account for a significant portion of employment and GDP.However,many SMES face challenges in managing their financial performance due to reliance on outdated and manual accounting methods.This study investigates the contribution of mobile accounting applications,such as Tally, Quick books,and Microsoft Excel,to the financial performance improvement of SMEs in Mukono.This research study seeks to establish how these tools contribute to operational efficiency, financial transparency,and business performance.By adopting a Technology Acceptance Model
(TAM) framework,the study investigates the perceived ease of use and usefulness of these applications,as well as the barriers to their adoption.The study covers the period from 2015 to 2023 providing insights into the impact of mobile accounting tools on financial management practices within Mukono 's SMEs.The findings of this research will offer valuable recommendations for SMEs, policy makers,and technology developers on how to improve financial practices and foster greater economic inclusion through the use of mobile accounting applications
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Undergraduate research