Purpose: The study aimed to examine or understand the factors influencing the implementation of computerized accounting systems (CAS) in small and medium-sized firms in Somalia. That to find solutions to problems that affect report quality, increase trust in decision-making, and improve report quality. It was also anticipated that improving financial statement quality would speed up the preparation of financial statements. Design, Methodology, and Approach: The primary data for this study was collected using a quantitative research method and an online survey. The target population was SMEs Firms in Mogadishu; Data was collected from 110 respondents who worked in small and medium-sized firms’ finance, accounting, and business overall. And the sampling methods were stratified.
The study created the opportunity for enhancing the role of CAS implementation in small and medium-sized businesses. Regression analysis was carried out using SPSS version 25. Findings: The study revealed that management commitment, human capital efficiency, business user competency, and cost capabilities play a significant role in implementing CAS in SMEs of the Bakara Market. In addition, CAS also made report preparation easier, increased confidence in decision-making, and improved report quality. Originality/Value: While research has been conducted to investigate the factors influencing the implementation of CAS in SMEs, most of these studies have discovered that computerized accounting systems increase the accuracy of financial statements and speed up their generation. The importance, timing, and comprehension of information, according to the findings, all play a role in the use and implementation of a computerized accounting system. This is one of the few studies on the factors influencing the installation of computerized accounting systems in Somalia’s small and medium-sized businesses.
Research by Ali Ibrahim Mohamed 1, Ainon Ramli2. Read here the full article.