Obstacles and Implementation of Accounting Software System in Small Medium Enterprises (SMEs): Case of South Asian Perspective

9 Pages Posted: 23 May 2015

See all articles by Mohammad Mazibar Rahman

Mohammad Mazibar Rahman

Hajee Mohammad Danesh Science & Technology University

Md. Main Uddin Ahammed

Hajee Mohammad Danesh Science & Technology University

Md. Abdur Rouf

Hajee Mohammad Danesh Science & Technology University

Mohammad Main Uddin

Hajee Mohammad Danesh Science & Technology University

Date Written: May 23, 2015

Abstract

Small and medium enterprises (SMEs) have long been considered as the principle driving force of Bangladesh’s economy. Along with stimulating private ownership and entrepreneurial skills, SMEs are flexible and can adapt quickly to changing market demand and supply. The aim of this study was to show that how the factors of barrier affected practicing of accounting software system in SMEs of Bangladesh. However, to get an exclusive finding, total 300 firms were randomly selected as a respondent and surveyed to get the specific answers of the specific questionnaire. Finally, the result of this study suggested the proper application and use of accounting software system ensured strong responsibility and accountability of the business enterprise and it also assisted the owner and policy makers of the firm’s to better understanding about their performance and improvement. With employing accounting software technology, small and medium business enterprises can reduce its operating cost and increase its profitability and competitive advantages.

Keywords: Accounting Software (AC), Small Medium enterprises (SMEs), Barrier and Implementation

JEL Classification: M41

Suggested Citation

Rahman, Mohammad Mazibar and Ahammed, Md. Main Uddin and Rouf, Md. Abdur and Uddin, Mohammad Main, Obstacles and Implementation of Accounting Software System in Small Medium Enterprises (SMEs): Case of South Asian Perspective (May 23, 2015). Available at SSRN: https://ssrn.com/abstract=2609658 or http://dx.doi.org/10.2139/ssrn.2609658

Mohammad Mazibar Rahman (Contact Author)

Hajee Mohammad Danesh Science & Technology University ( email )

Dinajpur, 5200
Bangladesh
8801722486836 (Phone)

Md. Main Uddin Ahammed

Hajee Mohammad Danesh Science & Technology University ( email )

Department of Finance & Banking
Dinajpur, 5200
Bangladesh

Md. Abdur Rouf

Hajee Mohammad Danesh Science & Technology University ( email )

Department of Marketing
Dinajpur, 5200
Bangladesh

Mohammad Main Uddin

Hajee Mohammad Danesh Science & Technology University ( email )

Dinajpur, 5200
Bangladesh

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