An Investigation On The Impacts Of Accounting Information Systems (Ais) On Financial Reporting- A Case Of Love For Africa

Abstract

The inception of AIS has assisted various organizations globally, thus through the enhancing profitability, relevance of organizations in various industries, improved decision making process of business among other benefits. However from available literature, scant evidence actually point to the extent to which the AIS has contributed to the financial reporting aspect of business. This research therefore focused on this aspect thus investigating the impacts of AIS to the financial reporting aspect with particular focus to Love for Africa. The study adopted a mixed approach in the gathering of the necessary data required for the attainment of the research objectives, the major instruments in use being the questionnaires and interviews. The findings obtained from the research were presented in graphical formats which included tables, pie charts and graphs. An in-depth analysis was also conducted using the regression analysis. Ultimately the findings obtained and recommendations made were also outlined at the end of the research project and these included cost, operational efficiency and efficiency in the financial reporting aspect within Love for Africa, however there were notable challenges encountered in the use of the AIS these included, inadequate security measures over the AIS and regular system reviews was noted to be a cause for concern within the organization. In conclusion suitable recommendations were provided, and these included constant review of systems, improvement in security measures among others.