Scenario of AIS Practices on Private Commercial Banks in Bangladesh: An Exploratory Study (original) (raw)
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International journal of applied economics, finance and accounting, 2024
Accounting Information Systems (AIS) are becoming widespread among Bangladeshi banks. The purpose of this study is to assess how automated AIS affects Bangladeshi commercial banks. Purposeful sampling and a randomized block design were used to disseminate questionnaires to 400 respondents from Chattogram, Bangladesh, a commercial port city. Five-point Likert scale close-ended questions assess eight aspects of AIS usage and benefits: infrastructure, technological resources, understanding ability, operational comparability, relevance, reliability, decision-making, and organizational performance. Descriptive analysis, Kolmogorov-Smirnov test, Shapiro-Wilk test, factor analysis with Kaiser-Meyer-Olkin test, Cronbach's alpha, one-sample Wilcoxon Signed Rank Test, Kendall's tau-b Correlation Coefficient, Mann-Whitney test, Kruskal-WallisH test, and structural equation model were performed using MS Excel 2016, IBM SPSS Statistics 26, and IBM SPSS. The model was validated using convergent and discriminant validity tests. The study found that technological resources, operational comparability, relevance, and dependability influence AIS-based decision-making, while infrastructure and understandability do not. Private banks and AIS-trained personnel make more AIS-based decisions than public banks and non-AIS-trained workers. Regular and frequent decisionmakers use AIS more than sporadic decision-makers. There is no effect of gender or job experience on AIS-based decision-making. Finally, AIS-based decision-making improved organizational performance. Therefore, the study results may assist Bangladeshi commercial banks in adopting AIS.
International Journal of Scientific and Research Publications, 2022
This study aims to determine the impact of accounting information systems on organizational performance. This study analyses the data collected from 30 banks listed under the Dhaka stock exchange (DSE). This paper employs regression analysis using SPSS 23 to investigate causal relationships between the variables. The empirical findings from a survey of 200 experienced employees from senior management of private commercial banks in Bangladesh confirmed a strong relationship between accounting information systems and organizational performance. Previous literature confirmed that there exists no well-structured accounting system and the impact of computerized AIS is not significant in private commercial banks of Bangladesh. This study will help policymakers understand the contribution of efficient AIS to an organization's performance. By using accounting information systems, organizations can protect data, reduce misappropriation of assets, and produce helpful information to achieve organizational goals and objectives, thereby enhancing the company's performance. The study recommends that banks and organizations adopt the use of AIS because adequate accounting information is essential for every effective decision-making process, and adequate information is possible if the accounting information system runs efficiently.
Barrier of accounting information system practices in commercial bank of Ethiopia
Accounting Information Systems are critical to the production of quality accounting information on a timely basis and an important mechanism for organizations' effective management, a decision-making tool for controlling and coordinating the activities of an organization. This study was focused on the barriers of accounting information system practice in commercial bank of Ethiopia Bale Robe branches. The key importance of this study was to determining the barriers on accruing entering customers' records, billing customers, collecting customer payments, paying employees' issues for integration of accounting information systems in their daily operations. Primary data were obtained through interviews and questionnaires to judgmentally selected employees from the branch. The findings of this study indicate that lack of skilled man power in AIS applications (mean 4.41), poor infrastructure and information quality (mean 4.31) and limited network availability or system disconnection (4.31) were as rated high barriers for AIS practice. Additionally, high mean values given to lack of recent technological advancement (4.29), in appropriate and unauthorized computer access (4.25), poor pertinent information for decision making (4.24), service quality and errors during recording of data's (4.20). poor computer security and cyber-attack (4.20), limited available resource in E-banking (4.16), lack of sophisticated machine & System quality (4.07) and low motivate employees for work performance (4.07) were rated as high barriers for AIS practice. While, lack of effective training for employees (3.89) was rated as not high barrier for AIS practice in the bank. Finally, study conclude that AIS become one of the most critical system to the capturing, processing, storing and distribution information, AIS must focus on critical factor to minimize the failure effects by create or collect, design, develop, and operate for bank and consumers in their work activities and managing the entire quality of commercial bank of Ethiopia in AIS practices. Accounting information system practice, Barriers of accounting information system, Commercial Bank of Ethiopia.
Open Journal of Business and Management, 2019
Accounting information systems with their elements (people, procedures and instructions, data, software, information technology infrastructure, and internal control) are an essential factor in decision making in economic units, where the use of accounting information systems and their fast development day after day have led to a continuous and rapid change in the outputs of these systems, thus contributing to the efficiency and effectiveness of the financial reports and financial information contained therein, in terms of speed, objectivity, detail, and suitability. Hence, what distinguishes this study is that the accounting information systems have studied at the level of its six elements. Thus, the objectives of this study are to clarify and determine the reality of the use of accounting information systems at the level of these variables and measure the impact of this use on the relevance of financial information in Wahda bank. The results designate that there just three elements from accounting information systems elements (namely People, Data, and Internal Controls) impact positively on the relevance of financial information. Thus, these three elements are the critical factors in explaining the effect on the relevance of financial information in Wahda Bank-Benghazi, Libya. Therefore, any increase in these elements will increase the relevance of financial information. Therefore, the study suggested a set of recommendations, the most important of which was to increase attention to accounting information systems and to increase the concentration and awareness of the importance of international accounting standards within Wahda bank.
The present study is an attempt to investigate the effect of Accounting Information System (AIS) success factors on organizational performance. Four types of AIS success factors namely service quality, information quality, data quality and system quality have been used in this study as the determinants performance. Data were collected with a structured questionnaire survey from 273 respondents in Jordanian banking sector. The collected data were analysed with PLS SEM technique. The findings revealed that service quality, information quality and system quality are the significant AIS success factors for increasing organizational performance. It can be inferred from this study that organizations involved in banking sectors can increase their performance by adopting and implementing AIS success factors. And while the adopting of AIS not fully utilize do not help firms with a highly organization performance.
An effective system of accounting information is a ladder to the banks' profitability and success. An effective accounting information system is accountable for giving an accurate assortment of information such as regular financial tasks and decision alternatives for various stakeholders. However, banks in the recent transactional environment facing enormous hindrances due to an effective and sustainable accounting information system. As it is clear an effective AIS is crucial to any bank's long-run triumph The purpose of this study was to investigate the factors that affect the effectiveness of AIS practice in the commercial bank of Ethiopia in the Wolkite branch. The explanatory research design was used for the primary and secondary sources and judgmental sampling used the judgmental sampling technique. The finding of this study showed that the effectiveness of the AIS was positive and significant. Therefore, the researchers recommended the branch should offer satisfactory training to the active office members as to the operation and effectiveness of the AIS due to increasing qualifications.
2019
The study is aimed to identify the scenario of practicing the Accounting Information System (AIS) by Benarashi,Jamdani, Reshmi, Shari, Lungi and Gamcha producing Handloom industry of Bangladesh. A qualitative researchdesign was employed and a non-probability sampling design in the form of a convenience sampling method wasemployed to gather the data. Data were drawn from both primary and secondary sources. Primary data was drawn from30 small-scale Shari-Lungi producers, 5 each from Pabna, Sirajgonj, Tangail , Dhaka , Narayangonj, and Narshingdi ofBangladesh by administering semi-structured questionnaires through personal interviews. There are many perceivedfactors affecting their adoption of accounting information system practices and their effects on their business operationsin the area. Among such factors include; lack of adequate knowledge and training, willful misconduct, and negligencefrom owners as well as controlling authority part. It is also revealed that, all levels of empl...
The Influence Of Accounting Information Systems On The Company's Effectiveness
Adopting AIS can serve as platform upon which organisations can introduce and implement organisational change management programs vital for improving their performance. This is because AIS can be used for numerous purposes and provides detailed information about the organisation (Mamić Sačer & Oluić, 2013). As such, financial information and organisational activities can be provided about ineffectiveness and inefficiency affecting the organisation (Rosa & Purfini, 2019). Meanwhile, banks Kurdistan Region of Iraq stand to benefit a lot from using and innovative their AIS. Such will be vital for enhancing their effectiveness as strategies are taken to enhance their performance (Iskandar, 2015). With the prevalence of the financial crisis in Kurdistan Region of Iraq, banks can use AIS to determine ways needed to manage poorly performing assets, activities and branches. However, much needs to be done to examine how AIS will be able to aid banks Kurdistan Region of Iraq to enhance their effectiveness. This is because related studies drew ideas from different sectors (Soudani, 2012) companies (Nzomo, 2013) and countries (Mamić Sačer & Oluić, 2013). Hence, this study contributes to existing studies by drawing information from banks in Kurdistan Region of Iraq.
Social Science Research Network, 2014
The present study examines the qualitative characteristics of accounting information produced by Accounting Information Systems of the selected mobile telecommunication companies. Accounting Information Systems provide accounting information through financial statement which supports to all levels of management such as operational level, middle level and top level management in taking effective decisions. Accounting Information Systems is considered as an important subsystem by all organizations for supporting their business operations. Every business organization has different users such as internal and external. Internal users consist of different levels of management and the employees and external users are shareholders, creditors, prospective investors, government etc. Every business organization has systems for providing financial information to the various interested users. The information produced by the Accounting Information Systems of the selected mobile telecommunication companies is made available to all users so that they can use the financial information for necessary decision making. Decision makers generally use some information which helps them to arrive at a correct decision. Different information is used by different decision makers. The study shows that the qualitative characteristic of accounting information produced by Accounting Information Systems is moderately satisfactory. Every company should ensure the qualitative characteristics of accounting information produced by Accounting Information Systems for decision making process and to achieve their specific goals.