THE CHALLENGES IN IMPLEMENTATION OF ACCOUNTING SOFTWARE SYSTEM IN MALAYSIA

Authors

  • AZBARIYAH AZIZ Faculty of Business, International University Malaya-Wales (IUMW), Kuala Lumpur, Malaysia.
  • SITI MAZWITA MOHD ZAMRI Faculty of Business, International University Malaya-Wales (IUMW), Kuala Lumpur, Malaysia.
  • SAIDATUL AISHAH ARIFFIN Faculty of Business, International University Malaya-Wales (IUMW), Kuala Lumpur, Malaysia.

DOI:

https://doi.org/10.55197/qjssh.v3i5.158

Keywords:

SMEs, implementation of accounting software system, efficiency, accounting skills, training, Malaysia

Abstract

The purpose of this research is to study the challenges faced by organizations when implementing accounting software system in Malaysia. The focus of this research is on SMEs in Malaysia and the respondents are those involved in the implementation of accounting information systems in their companies. The small and medium enterprises (SMEs) are backbone for Malaysia’s economy. Hence, the SMEs’ successful business operations are significant to economic growth. The advantages of using business accounting software are the measurement of business results. The research uses questionnaires to collect data from the sample size of 102 managers and IT-staff in Malaysian SME whose companies implement accounting software system. The findings indicate that insufficient accounting skills and inadequate training present a significant impact on the implementation of accounting software system. Further, the lack of efficiency does not have any impact on the implementation of accounting software system in SMEs. Hence, it is concluded that insufficient accounting skills has a positive significant impact on the implementation of accounting software system. Finally, our research recommends to managers in conducting more training programs for their staffs who have insufficient capabilities and knowledge in their accounting and finance departments and to learn the basics in operating the accounting software system.

References

Amoako-Gyampah, K., Salam, A.F. (2004): An extension of the technology acceptance model in an ERP implementation environment. – Information & Management 41(6): 731-745.

Awosejo, O.J., Kekwaletswe, R.M., Pretorius, P., Zuva, T. (2013): The Effect of Accounting Information Systems in Accounting. – International Journal of Advanced Computer Research 3(3): 142-150.

Boulianne, E. (2014): Impact of Accounting Software Utilization on Students' Knowledge Acquisition. – Journal of Accounting & Organizational Change 10(1): 22-48.

Bredmar, K., Ask, U., Frisk, E. (2014): Accounting Information Systems Implementation and Management Accounting Change. – Business Systems Research 5(2): 125-138.

Hancock, P., Howieson, B., Kavanagh, M., Kent, J., Tempone, I., Segal, N. (2009): Accounting for the future: More than numbers. A collaborative investigation into the changing skill set for professional accounting graduates over the next ten years and strategies for embedding such skills into professional accounting programs. – Employment and Workplace Relations 1(1): 74p.

Heale, R., Twycross, A. (2015): Validity and Reliability in Quantitative Studies. – Evidence-Based Nursing 18(3): 66-67.

Mohd Fadzilah, N. (2017): The Impact of Accounting Software on Business Performance. – International Journal of Accounting & Business Management 5(1): 47-55.

Mohd Sam, M., Hoshino, Y., Tahir, M. (2012): The Adoption of Computerized Accounting System in Small Medium Enterprises in Melaka, Malaysia. – International Journal of Business and Management 7(18): 12-25.

Nyathi, K.A., Nyoni, T., Nyoni, M., Bonga, W.G. (2018): The Role of Accounting Information in the Success of Small & Medium Enterprises (SMEs) in Zimbabwe: A Case of Harare. – Journal of Business and Management 1(1): 1-15.

Olatunji, T.E. (2013): The Impact of Accounting System on the Performance of Small and Medium Scale Enterprises in Nigeria: A Survey of SME's In Oyo State-Nigeria. – International Journal of Business and Management Innovation 2(9): 13-17.

Pulakanam, V., Suraweera, T. (2010): Implementing Accounting Software in Small Businesses in New Zealand: An Exploratory Investigation. – Accountancy Business and the Public Interest 9(64): 98-124.

Shagari, S. (2017): The Role of Intra-Organizational Factors in Accounting Information System Effectiveness. – Management & Accounting Review 12(2): 131-155.

Truitt, D.L. (2011): The Effect of Training and Development on Employee Attitude as it Relates to Training and Work Proficiency. – SAGE Open 13p.

Ukandu, N.E., Ukpere, W. I. (2013): Effects of Poor Training and Development on the Work Performance of the Fast-Food Employees in Cape Town. – Mediterranean Journal of Social Sciences 4(14): 571-579.

Yano, R.S. (2003): Factors Considered in Selection and Implementation of Accounting Information Systems: A Case of Companies Quoted in Nairobi Stock Exchange. – University of Nairobi 88p.

Downloads

Published

2022-10-14

How to Cite

AZIZ, A., ZAMRI, S. M. M., & ARIFFIN, S. A. (2022). THE CHALLENGES IN IMPLEMENTATION OF ACCOUNTING SOFTWARE SYSTEM IN MALAYSIA. Quantum Journal of Social Sciences and Humanities, 3(5), 94–106. https://doi.org/10.55197/qjssh.v3i5.158

Issue

Section

Articles