Accounting Information Systems On Profitability Of Petroleum Companies In Uganda: A Case Study Of Hass Petroleum, Wandegeya Branch, Kampala

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ABSTRACT The study sought to examine accounting information systems on protthihility of petroleum companies in Uganda: a case study of Mass Petroleum, Wandegeya Branch, Kampala. The study objectives were; to determine the benefits of the accounting ii~forinarion system in Hass Petroleum, Wandegeya Branch Kampala-Uganda, to establish the challenges of fixing the use of the accounting information system in Plass Pthvkum, Wandegeya Branch Kampala$Jganda and to examine the relationsliz~ between accounting ii~formation systems and profitability in Hass Petroleum, Wandegeya Branch Kampala-Uganda. The study was based on a correlational research design. The qualitative approach was used to collect and analyze data on the study topic. This design was used because it brought out clearly the relationslu,, between the two variables. Quantitative approach was used in data collection and analysis and general Information on the subject matter was collectedfrom the djffrrent stakeholders involved in the study. The study population involved 58 participants where 4 top administrators of Hass Petroleum, 6 marketIng officers, 5 accounts andftnance department qfflcials and 43 clients. A sample size of 50 respondents was determined through purposive and random sampling methods. Data was collected am primary and secondary sources using questionnaires. After collecting data, the researcher organized a well-answered questionnaire, data was edited and sortedfor the next stage. The data was presented in tabular form, pie charts, and bar graphs with frequencies and percentages. It was found out that 4% of the respondents strongly disagreed, 14% of the respondents disagreed, 18% of the respondents were not sure, 44% agreed and the remaining 20% of the respondents strongly agreed that computerized financial information systems are faster and more efficient in processing data. This implies that the majority of the respondents were of the view that Accounting information systems simply work since they are faster and more efficient. The study concludes that computerized financial ii~forniation systems are faster and more efficient in processing data. The use of hardware such as scanners automatically generates accounting information without much ado, The information is available almost immediately. The study recommends that the Accounting Information System department is a sensitive area with any organization, it is necessary that employees should always be provided constant refresher training so as to clearly understand the use and operation of the system to increase on their skills and expertise in handling and managing information systems.

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APA

GERALD, A (2022). Accounting Information Systems On Profitability Of Petroleum Companies In Uganda: A Case Study Of Hass Petroleum, Wandegeya Branch, Kampala. Afribary. Retrieved from https://afribary.com/works/accounting-information-systems-on-profitability-of-petroleum-companies-in-uganda-a-case-study-of-hass-petroleum-wandegeya-branch-kampala

MLA 8th

GERALD, AINEBYONA "Accounting Information Systems On Profitability Of Petroleum Companies In Uganda: A Case Study Of Hass Petroleum, Wandegeya Branch, Kampala" Afribary. Afribary, 27 Jun. 2022, https://afribary.com/works/accounting-information-systems-on-profitability-of-petroleum-companies-in-uganda-a-case-study-of-hass-petroleum-wandegeya-branch-kampala. Accessed 08 Aug. 2022.

MLA7

GERALD, AINEBYONA . "Accounting Information Systems On Profitability Of Petroleum Companies In Uganda: A Case Study Of Hass Petroleum, Wandegeya Branch, Kampala". Afribary, Afribary, 27 Jun. 2022. Web. 08 Aug. 2022. < https://afribary.com/works/accounting-information-systems-on-profitability-of-petroleum-companies-in-uganda-a-case-study-of-hass-petroleum-wandegeya-branch-kampala >.

Chicago

GERALD, AINEBYONA . "Accounting Information Systems On Profitability Of Petroleum Companies In Uganda: A Case Study Of Hass Petroleum, Wandegeya Branch, Kampala" Afribary (2022). Accessed August 08, 2022. https://afribary.com/works/accounting-information-systems-on-profitability-of-petroleum-companies-in-uganda-a-case-study-of-hass-petroleum-wandegeya-branch-kampala