An Investigation on the Effects of Accounting Information Systems (AIS) on the Financial Performance of SMEs in Zimbabwe. The case of Major Family Savings (MFS) in Mutare.
- Author
- Kwaramba, Lennox
- Title
- An Investigation on the Effects of Accounting Information Systems (AIS) on the Financial Performance of SMEs in Zimbabwe. The case of Major Family Savings (MFS) in Mutare.
- Abstract
-
The study focused on the an investigation on the effects of accounting information system (AIS) on the Financial perfomance of SMEs in Zimbabwe. The Case of Major Family Savings (MFS) in Mutare . The researcher aimed at analysing the relationship between AIS and performance of SMEs in Zimbabwe also a comparison of SMEs that have adopted AIS and the ones that have not. The type of accounting system that a firm has influences the nature of reporting and performance thus the main aim of the study will be to investigate the impact of accounting system on organisational performance focusing mainly on the case of Major Family Savings (MFS) in Mutare. In assessing the extent to which MFS have impacted on economy through recipients lives so as to ascertain with certainty whether standards of living improved by alleviating poverty and the financial services offered by MFS were also assessed. Additionally, the research also focused on determining the challenges faced by MFS and the relationship between the two. Suggestion by some scholars proposes that accounting information system has a positive on the Financial Performances of the SMEs and significant impact on economic development while other scholars observed that the accounting information System has no significant impact. The SME sector has been referred to as the "informal sector" in Zimbabwe because most of these are not registered. Most informal businesses in Zimbabwe have aim of fulfilling narrow goals or objectives. A number of informal businesses in Zimbabwe arose during the hyper-inflationary era (2007 – 2008), and were aimed at ensuring survival, or pursuing maximum wealth within the shortest possible time. Informal businesses are key players in the Zimbabwean economy. According to Kachembere (2011) “the informal businesses sector in Zimbabwe now accounts for about 90% of the country's employable population. Official statistics show that the SME sector in Zimbabwe contributes over 60 percent to the Gross Domestic Product (GDP)”
- Date
- 2022
- Publisher
- BUSE
- Keywords
- Accounting Information Systems
- Financial Performance
- Supervisor
- Mr. Chiriseri
- Item sets
- Department of Accountancy