The Impact of Computerised Accounting Information Systems on Financial Performance: The Saudi Context

Abstract

Small and medium-sized enterprises (SMEs) have played an essential role in contributing to national income, productivity and employment. Therefore, this research aims to study the importance of computerised accounting information systems for Saudi SMEs and the impact of such systems on financial performance. A survey was developed and sent to 197 Saudi SMEs that had adopted one of the computerised accounting information systems. Around 118 valid responses were received. The data was analysed, and the results indicated the impact of using computerised accounting information systems at both individual and organisational levels. The study indicated that the users were satisfied with the systems. The study also found a positive effect of computerised accounting information systems on Saudi SMEs' financial performance. In addition, the study showed no difference in the impact between a small and medium entity. To conclude, the study recommends that Saudi SMEs adopt one of the computerised accounting information systems because of their impact on the organisation’s performance. KEYWORDS Company profitability, electronic system, financial statement, organisation performance, systems maturity, user satisfaction