A Study on Computerized Accounting Practices of Small Business in Thanjavur District
Abstract
In a dynamic world, the availability and adoption of Information and Communication Technologies (ICTs) across the globe has altered the norm of the game and expectations of the new mode of economics activities. The norm of inter and transnational trading changed dramatically to admit the increasing number of financial transactions and trade-related activities that take place via the Internet and technologically assisted tools. The traditional view of small business record keeping suggest that it is a paper based and hand of to the accountant firm to prepare the annual tax return. Porter & Millar (1985) mentioned in this competitive advantage, over the years, information technology had played a major role, changing the nature of business who knows its effects. With the introduction of new technology and more user friendly software, computerized accounting system (CAS) appears to reduce the problems in book record keeping practice. Furthermore, with the new and rapid financial information, new updates and changes will be available for others in making decisions.
Accounting plays a critical role in the success or failure of contemporary business institutions. Accounting systems are responsible for recording, analyzing, monitoring and evaluating the financial condition of companies, preparation of documents necessary for tax purposes, providing information support to many others organizational functions. Accounting systems provide a source of information to owners and managers of SMEs operating in any industry for the use in measuring financial performance. There are 566 Small and medium enterprises in Tanjavoor. Most of the enterprises are very small and some are medium. Establishment of SMEs in research area is increasing day by day.
Downloads
References
2. Allison, I.K. (1999), Information systems professionals’ development: A work - based learning model.
3. Journal of Continuing Professional Development , 2(3), 86 -2.Al-Taweel, L. (2001),
4. Accounting Technology in Developing Countries:A case Study of Syria,
5. Unpublished PhD, Portsmouth University UK..Al-Gahtani, S. S., and King, M. (1999), Attitudes, satisfaction and usage: factors contributing to each in the acceptance of information technology.
6. Behaviour and Information Technology, 18(4), 277-297Aduwa-Ogiegbaen, S. E., and Iyamu, E. O. S. (2005),
7. Using Information and Communication Technology in Secondary Schools in Nigeria: Problems and Prospects. Educational Technology and Society, 8 (1), 104-112.
8. Amidu, E. and Abor, J. (2011), “E-Accounting Practices among Small and Medium Enterprises in Ghana”. Journal of Management Policy and Practice12(4) 2011.
9. Bandura, A. (1994). Self-efficacy. In V. S. Ramachaudran (Ed.), Encyclopedia of human behavior,4. New York:
10. Academic Press, pp. 71-81.Banerjee, J. and Lloyd, A. (1995), “Management Accountants and Information Technology”, Management
11. Accounting, 8(9) pp. 12-15.Blaylock, J. (2005), “A Paperless Office is a must today” Practical Accountant; Sept 2005, Supplement, Vol.38, p18-18, 1p
12. Boockholdt, J. (1999), Accounting Information Systems Transaction Processing and Control. The Mac-Graw-Hill companies, London.
13. J. C., and William, B. C. (1993), “The Impact of microcomputer systems on small business”.
14. Journal of Small Business Management. 31(3): 97-102.Coffee Act No. 9 (2001), Coffee Development Fund: Nairobi: Government of Kenya.
15. Collins, J. C. (1999), How to select the right accounting software. Journal of Accountancy, October, 67-77.
16. Cooper, D.R., and Schindler, P.S (2005), Business research methods, 8thedition, MC Graw-Hill, New Delphi, India
17. Cragg, P. B., and King, M. (1993), “Small-firm computing: motivators and inhibitor”. MIS Quarterly. March: 47-60.
18. Davis, F. (1989), “Perceived usefulness, perceived ease of use, and user acceptance of Information Technology”. MIS Quarterly.13(3): pp.319-340
Copyright (c) 2018 IJRDO - Journal of Business Management (ISSN: 2455-6661)
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Author(s) and co-author(s) jointly and severally represent and warrant that the Article is original with the author(s) and does not infringe any copyright or violate any other right of any third parties, and that the Article has not been published elsewhere. Author(s) agree to the terms that the IJRDO Journal will have the full right to remove the published article on any misconduct found in the published article.
