COMPUTERIZED ACCOUNTING AND QUALITY FINANCIAL REPORTING OF UGANDA REVENUE AUTHORITY, MBARARA MUNICIPALITY

Julius Asingwire 55 PAGES (11367 WORDS) Dissertation
Subscribe to access this Work and thousands more at $15.19 for 30 days

This research report is about computerized accounting and quality financial reporting 

of Uganda revenue Authority, Mbarara Municipality. The current rapid development 

of information technology has had a dramatic influence on accounting information 

system leading to the computerization of accounting system in most business firms for 

the need to enjoy computer related benefits over manual systems. Though they have 

not totally solved all the accounting needs since complaints are still arising in user 

departments. This study aimed at critically finding out whether financial institutions 

will embrace the technological revolution and will be operating with computerized 

accounting systems in order to deliver much improved, efficient and fast services to 

their stake holders particularly on financial reporting. Other specific objectives were 

to identify the computerized accounting systems being used, to explain the quality of 

financial reports generated, and to assess the influence of computerized accounting 

systems on financial reporting. The study was guided by research questions such as 

what computerized accounting system is used in the institution, what are the qualities 

of financial reports generated by the accounting system used?, what are the positive 

and negative effects of using a computerized accounting system on financial 

reporting?. Various literature were reviewed to build a stronger base for the study 

variables. The main instrument of data collection was an interview guide. Quantitative 

and qualitative data was analyzed using tables and percentages. The sample for the 

study consisted of 25 respondents selected through stratified sampling technique. The 

study found out that computerized accounting systems contribute to production of 

quality financial statements on conditions that well trained employees, efficient and 

well selected software types are used. The study recommends that in order to ensure 

that business organizations have quality financial reports; they should invest on 

computerized accounting systems to improve the speed, timeliness, accuracy and 

relevance of the financial reports of their organizations. The management should 

ensure that they have well trained and developed manpower based on merit in order to 

enhance the quality of work in the organizations.

Subscribe to access this Work and thousands more at $15.19 for 30 days
Overall Rating

0

5 Star
(0)
4 Star
(0)
3 Star
(0)
2 Star
(0)
1 Star
(0)
APA

Julius, A (2018). COMPUTERIZED ACCOUNTING AND QUALITY FINANCIAL REPORTING OF UGANDA REVENUE AUTHORITY, MBARARA MUNICIPALITY. Afribary.com: Retrieved December 11, 2018, from https://afribary.com/works/computerized-accounting-and-quality-financial-reporting-of-uganda-revenue-authority-mbarara-municipality

MLA 8th

Asingwire, Julius. "COMPUTERIZED ACCOUNTING AND QUALITY FINANCIAL REPORTING OF UGANDA REVENUE AUTHORITY, MBARARA MUNICIPALITY" Afribary.com. Afribary.com, 28 Nov. 2018, https://afribary.com/works/computerized-accounting-and-quality-financial-reporting-of-uganda-revenue-authority-mbarara-municipality . Accessed 11 Dec. 2018.

MLA7

Asingwire, Julius. "COMPUTERIZED ACCOUNTING AND QUALITY FINANCIAL REPORTING OF UGANDA REVENUE AUTHORITY, MBARARA MUNICIPALITY". Afribary.com, Afribary.com, 28 Nov. 2018. Web. 11 Dec. 2018. < https://afribary.com/works/computerized-accounting-and-quality-financial-reporting-of-uganda-revenue-authority-mbarara-municipality >.

Chicago

Asingwire, Julius. "COMPUTERIZED ACCOUNTING AND QUALITY FINANCIAL REPORTING OF UGANDA REVENUE AUTHORITY, MBARARA MUNICIPALITY" Afribary.com (2018). Accessed December 11, 2018. https://afribary.com/works/computerized-accounting-and-quality-financial-reporting-of-uganda-revenue-authority-mbarara-municipality