Information Systems and Accounting Practices in Ghanaian Public Institutions
Accounting & Taxation, v. 6 (1) p. 121-132
12 Pages Posted: 12 Dec 2014
Date Written: 2014
This study examines the effects of Information and Communication Technology on accounting practices in public institutions in Ghana. Data was collected from public institutions in Ghana using a questionnaire. The study revealed positive effects of Information and Communication Technology, such as timely delivery of financial statements, producing error free financial statements and the creation of avenue to access financial information. However, lack of Information Technology expertise, suitability and cost of accounting software and data security were seen as a major challenge to the adoption and use of Information and Communication Technology in public institutions. Though Information and Communication Technology has the potential to improve the efficiency and effectiveness of public sector accounting in Ghana, it must be backed by constant employee training and regular software upgrades to meet international accounting standards.
Keywords: Public Institutions, Accounting Information Systems, Information and Communication Technology
JEL Classification: M15, M41, M48
Suggested Citation: Suggested Citation