The Impact of Technological Development on the Accounting Systems of Public Institutions In Ghana
Zakaria Abubakari
, Samuel Namoog
public institutions, technology, accounting, systems, financial management
Abstract: The main purpose of this study is to investigates the impact of adoption of technology on the accounting systems of public institutions in Ghana. The study also assesses the extent of technological adoption and application in accounting systems of public institutions in Ghana. Finally, the study assesses the challenges faced by public institutions in the implementation of technology in their accounting systems. A descriptive study design was used to gather information from 127 respondents from selected public institutions in the Tamale Metropolis. Both purposive and stratified random sampling methods were used to select the respondents. Questionnaires were respectively administered to the respondents. The data was analyzed by means of descriptive and inferential statistics using the SPSS version 29. The Z-test statistics was used to test the hypothesis to establish significance. The study established that the level of adoption of technology in the public institutions is high. The study also revealed that the use of technology in the accounting system of public institutions has positive significant on the accounting systems of public institutions. Majority of the respondents revealed that the use of technology in the accounting systems of public institutions has, among others, contributed to improved decision making, enhanced accountability, strengthened effective budgeting, and aiding long-term financial planning. The use of technologies in public institutions has come with challenges. Include resistance to changes and modern ways of doing things, lack of financial resources for staff training, audit difficulties associated with use of technology, the complexity of accounting software packages and lack of political support for public financial management reforms. Since the adoption of technology has significant positive impact on the accounting systems of public institutions in Ghana, it is recommended that Government and donor organizations should support public Sector entities with computers and capacity of staff to enhance the implementation of government reforms.
"The Impact of Technological Development on the Accounting Systems of Public Institutions In Ghana", IJNRD - INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (www.IJNRD.org), ISSN:2456-4184, Vol.8, Issue 3, page no.b230-b250, March-2023, Available :https://ijnrd.org/papers/IJNRD2303130.pdf
Volume 8
Issue 3,
March-2023
Pages : b230-b250
Paper Reg. ID: IJNRD_186156
Published Paper Id: IJNRD2303130
Downloads: 000118836
Research Area: Information Technology
Country: Nanumba North Municipality, Northern Region, Ghana
ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publisher: IJNRD (IJ Publication) Janvi Wave
