The Impact of information technology on modern accounting systems. A case study of Telone Zimbabwe

Author

Shirichena, Rodney

Title

The Impact of information technology on modern accounting systems. A case study of Telone Zimbabwe

Abstract

This study examined the impact of information technology on modern accounting systems, using TelOne Finance Section as a case study from 2020-2024.The study aimed to identify the nature and forms of information technology at TelOne Finance, evaluate its impact on the accounting system, and identify solutions to improve its effectiveness and efficiency. The researcher conducted descriptive research on a sample of TelOne participants to derive conclusions based on primary data results.I used observation, questionnaires, and interviews to get our conclusions. The study found that information technology enhances the efficiency and effectiveness of modern accounting systems. It is important to invest in IT infrastructure and provide ongoing formal training for accounting staff to fully utilize its potential in the modern world. In today's environment, it has been recognized that IT has a significant impact on current accounting systems; hence, it is critical to any modern accounting system. The poll gathered original data from chosen TelOne members. The sample frame of 30 respondents was generated using both non-probability and probability-based (stratified random sampling) procedures. The study's main suggestion was that TelOne invest heavily in IT infrastructure and accounting staff training in order to fully realize the benefits of contemporary accounting systems

Date

June 2024

Publisher

BUSE

Keywords

Information technology

Modern accounting systems

TelOne Zimbabwe

Financial management

Supervisor

NIL