Value of rapid information and accounting practices; evidence from ghana
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Date
2023
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KNUST
Abstract
This study evaluates the value of rapid information and accounting practices in Ghana. However, three goals serve the foundation of the study; examining the consequence of rapid information on accountants' financial transaction reports, considering the difficulties in adopting rapid information in the accounting profession in Ghana and examining importance of rapid information in making timely, accurate and reliable decision. The research tool used for this study is a-5 point Likert scale designed questionnaire, provided to selected members of the targeted population. The study utilises the structural equation modelling method of partial least squares (PLS-SEM) in analyzing the research data using Statistical Package for Social Sciences (SPSS) version 26.Findings from the path coefficient analysis presented showed a strong positive correlation between rapid information system adoption, rapid information competency and rapid information confidence and accounting practice. The study recommends that accounting firms should incorporate training programs that focus on using technological tools relevant to accounting tasks. This could include workshops on data analytics, accounting software, and cloud-based platforms, helping accountants improve their ability to handle information effectively
Description
A thesis submitted to the department of accounting & finance. School of business - Kwame Nkrumah University of Science And Technology (KNUST) in partial fulfilment of the requirement for the degree of Master of Science in Accounting & Finance