Influence of Company Size on Accounting Information for Decision-Making of Management

Horvat, Tatjana; Mojzer, Jožica

doi:10.2478/ngoe-2019-0007

Cited by 9 publications

(8 citation statements)

References 2 publications

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“…This paper encompasses the orthodox perspective of accounting information systems as a frame that meets two main functions: (a) to support decision-making and (b) to support management control (Zimmerman, 2011). Thus, just like the size of the company can be influenced by the utility that manager attributes to FI when making decisions (İbicioglu et al 2010;Salehi et al 2010), the utility that manager attributes to MCI may also depend on company context characteristics, namely its size (Cadez et al 2008;Horvat et al 2019). That is why Cadez and Guilding's (2018) study proved that there is no strategic accounting and management system universally appropriate, because it will always depend on the specific company characteristics.…”

Section: Theoretical Framework and Hypothesesmentioning

confidence: 99%

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The role of accounting information in decision-making and companies’ sustainability development: the Portuguese accountants’ perspective

Monteiro¹,

Cepêda²,

Silva³

et al. 2021

JESI

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The rise of the concept of sustainability reveals a pivotal shift in market thinking, thus pushing companies to reevaluate the method in conducting their decision-making processes. The main objective is to investigate the role of accounting information in decisionmaking from the point of view of Certified Accountants. Specifically, it aims to analyse the relationship between the companies' size, the usefulness of Financial Information (FI) and Management Control Information (MCI), and the company's economic performance. Supporting evidence is provided by analysis of an online questionnaire survey of professionally qualified accountants working in Portugal. We used structural equation modelling in the analysis of causal relationships between different constructs. The results show the size of the companies and their performances are directly related, so it is the larger companies that have the best economic performance. However, to improve the company's performance, it has been proven that the use of FI in decision-making is not sufficient, so the use of MCI is decisive for a good economic performance. This study highlights the importance of producing useful FI and MCI to assist decision-making and contribute to economic sustainability.

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Section: Theoretical Framework and Hypothesesmentioning

confidence: 99%

“…. According toHorvat and Mojzer (2019), large companies use FI and MCI more often than Micro, Small and Medium-Sized Enterprises (MSME). However, the…”

mentioning

confidence: 99%

The role of accounting information in decision-making and companies’ sustainability development: the Portuguese accountants’ perspective

Monteiro¹,

Cepêda²,

Silva³

et al. 2021

JESI

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show abstract

“…Furthermore, accounting information systems contribute to the overall functionality of accounting process by increasing the speed and accuracy of processing, and production of high quality financial report [63]. This is in addition to managers use of the systems to control business economic and financial resources [31] and its application to shore up the internal control system of organization at all times [12]. Thus the use of information communication technology has led to enhance organization performance and reliability of accounting information.…”

Section: Introductionmentioning

confidence: 99%

Accounting Software in Computerized Business Environment and Quality of Corporate Reporting

Olufemi¹,

Festus²,

Adekunle³

2021

JFA

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The basic objective of financial reporting is provision of information useful for assessing a company performance and prospect. Low quality financial reporting contains inaccurate, misleading information that may result in losses and reduced confidence in corporate governance mechanism. Emerging globalization requires business entities to develop means of processing financial information accurately and speedily for users decision making. Therefore, this study was conducted to find out the effect of accounting software on the quality of corporate reporting. The study adopted cross-sectional survey research design and used structured questionnaire to collect primary data. The research instrument was validated using Cronbach Alpha to test the reliability of the instrument which showed coefficient of 0.704 for accounting information system and 0.806 for corporate reporting. The data collected were analyzed using descriptive and inferential statistics. The result of multiple regression analysis of hypotheses 1 showed that accounting software has a positive significantly effect on the reliability of corporate reporting (R = 0.594, Adj. R 2 = 0.627, F (3, 485) = 208.685, p = 0.000 < 0.05) while the result of hypothesis II showed that accounting software has a positive significant effect on the accuracy of corporate reporting with a efficient of multiple correlation (R = 0.629, Adj. R 2 = 0.390, F (3, 485) = 80.180, p = 0.000 < 0.05). The study concluded that accounting software are effective in gathering and processing data and information to produce quality corporate reports. The study recommended that accounting software should be made more users friendly since it provides easier environment for businesses to manage financial reporting procedures and processing.

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“…Accounting assumes a major role in the success or failure of recent firms or organization (Amanamah, Morrison, & Asiedu, 2016). Computerized accounting system were intended to help in the management to control firms' economic-financial area (Horvat, & Mojzer, 2019;Shiraj, 2015). The computerized accounting provides better internal control report system for any given period of time (Arcega, Datinguinoo, Guerra, Guno, Mayuga, Villamena, & Manongsong, 2015).…”

Section: Introductionmentioning

confidence: 99%

Impact of Accounting Software among SMEs Accountants in Oman

Thottoli¹

2020

FMIR

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Financial losses, bankruptcy and closure of the company may be the result of incorrect choice of accounting software, inefficient modernization of such software depending on the specifics of the economic entity and ignorance of technical knowledge of staffs to work with the software product. The paper notes that for companies from member countries of the Gulf Cooperation Council, the technique of implementation and application of tax legislation and International Financial Reporting Standards (IFRS) differs significantly from other countries. The article emphasizes that in Oman, companies need to prepare financial statements in accordance with current applicable IFRS, as well as the Law on Commercial Companies 2019 and the guidelines and requirements for disclosure of capital market information. The purpose of this paper is to study and study the impact of the implementation of accounting software among small and medium enterprises (SMEs) in Oman. The study systematizes the features and issues of assessing the relationship between generalized accounting software (GAS) and its use by accountants working for SMEs. Twenty small and medium business accountants were selected as the target audience, taking into account their experience and basic knowledge of accounting in the context of ownership and use of GAS. The study confirms and theoretically proves that the use of GAS in the financial and economic activities of SMEs has a significant impact on the practice of accountants working in such enterprises, ie, there is a positive and significant relationship between GAS choice and use of GAS by SME accountants. The results of this study can be useful for the government, representatives of tax authorities, higher education institutions in the context of establishing adequate policies regarding the use of software for accounting by economic entities. Keywords: Generalized accounting software, accounting, accountant, small and medium enterprises, international financial reporting standards (IFRS), Oman.

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Influence of Company Size on Accounting Information for Decision-Making of Management

Cited by 9 publications

References 2 publications

The role of accounting information in decision-making and companies’ sustainability development: the Portuguese accountants’ perspective

The role of accounting information in decision-making and companies’ sustainability development: the Portuguese accountants’ perspective

Accounting Software in Computerized Business Environment and Quality of Corporate Reporting

Impact of Accounting Software among SMEs Accountants in Oman

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