Factors of accounting information technology adoption and ERP software selection affecting accounting efficiency of SMEs in central region industrial estates

Abstract

This study aimed to 1) study the factors of accounting information technology adoption influencing the accounting efficiency of SMEs in industrial estate in the central region; and 2) study the impact of ERP accounting software selection on the accounting efficiency of these enterprises. This research utilized quantitative approach. Data were collected via questionnaires from a sample of 305 accountants working in SMEs within industrial estate in the central region. The data were analyzed using statistical software, employing descriptive statistics (mean, standard deviation) to describe general characteristics. Furthermore, Pearson’s correlation coefficient was used to examine relationship between independent and dependent variables, while multiple regression was applied to test the research hypothesis. The results of the research found that the adoption of accounting information technology specifically in terms of accuracy, reliability, timeliness, and understandability-significantly influenced the accounting efficiency of SMEs within the industrial estate in central region, with statistical significance at the 01 and .05 levels. The selection of ERP accounting software evaluated through accuracy, reliability, timeliness, and understandability – significantly affects the accounting efficiency SMEs in central region industrial estates at the .01 and .05 significant levels.