THE EFFECT OF USING ACCOUNTING INFORMATION SYSTEMS TO IMPROVE THE VALUE CHAIN IN BUSINESS ORGANIZATIONS – EMPIRICAL STUDY (Published)
The study aims to introduce the conceptual framework of the value chain as an analytical method for business organizations, and the analysis of the role of accounting information systems and the effect of their use in improving the value chain of the business organizations. The two researchers developed a study tool (questionnaire) based on the theoretical framework and previous studies. 64 questionnaires have been distributed to a sample of the study population, which consists of employees in the finance department of public shareholding industrial companies in the Kingdom of Bahrain. 50 questionnaires have been adopted and 14 were excluded due to their incompatibility with the analysis. Using the appropriate statistical analysis tools for the study data (arithmetic mean, standard deviation, and testing of T-test One Sample) the researchers found a deficiency in the level of the availability of the basic components of accounting systems and the level of the quality of accounting information required to improve the value chain of business organizations in public shareholding industrial companies in the Kingdom of Bahrain in general. According to the results of the analysis the researchers recommended the need to work on improving the level of the basic components of accounting systems to improve the quality of accounting information, in order to improve the value chain of public shareholding industrial companies in the Kingdom of Bahrain; specifically in regards to the existence of clear and specific work procedures in the accounting system, the level of the effectiveness of internal control measures, clear definition of responsibilities and authority, and management’s attention in training and continuing education programs for employees.
Keywords: Accounting, Decision Making, Information, System, Value Chain
The Impact of Information Disclosure on Goodwill Impairment in Merger and Acquisition Decision in Nigerian Banks (Published)
The need for quality accounting information is to bring investors’ in an economy. Investors require financial position of business asset to be prepared in line with the international accounting standards. Goodwill as an asset requires quality reporting in accordance to the Nigerian GAAP. Provision of goodwill impairment in Nigerian banks has been provided on SAS26 for Financial information. Questionnaires were administered to the bank staff and preparers of financial statements for banks. 10 banks were selected for the study. Chi-square was used as a statistical tool from the data analysis. Form the study it was found that financial reporting in Nigerian universal banks recognized goodwill impairment in a low term for merger and acquisitions. The quality of accounting information disclosure in respect of goodwill has been low. Nigerian universal banks should ensure there is enough information in respect of goodwill impairment before taking merger and acquisition decision as this will foster quality decision. Also Nigerian universal banks should providing adequate and accurate information in foot notes of financial statement in respect of goodwill impairment
Keywords: : Goodwill impairment, Financial Statement, Information, Nigerian GAAP, SAS 26