The Extent of Information Technology (IT) Use in Accounting: A Case of Sarawak

The main objective of this study is to examine the extent of IT used in accounting based on Sarawak state. This study found that even majority of the respondents' claimed that they have adopted of computer-based accounting system for more than 9 years, but adoption of fully computerised or full...

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Main Authors: Goi, Chai, Ho, Poh-Ling, Choo, Samuel, Yong, S.
Other Authors: Islam, M.M.
Format: Conference Paper
Published: Global Academy of Business and Economic Research 2008
Online Access:http://hdl.handle.net/20.500.11937/28659
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author Goi, Chai
Ho, Poh-Ling
Choo, Samuel
Yong, S.
author2 Islam, M.M.
author_facet Islam, M.M.
Goi, Chai
Ho, Poh-Ling
Choo, Samuel
Yong, S.
author_sort Goi, Chai
building Curtin Institutional Repository
collection Online Access
description The main objective of this study is to examine the extent of IT used in accounting based on Sarawak state. This study found that even majority of the respondents' claimed that they have adopted of computer-based accounting system for more than 9 years, but adoption of fully computerised or fully computerised link to web applications still very low. The results indicate that the most popular method of implementing the accounting software is by utilising the ready-made packages and uses batches system to process their data. The average use of different accounting modules with the general ledger recorded the highest. The subsidiary ledgers, which include sales/Accounts Receivable, purchases/Accounts Payable, payroll and inventory management and control, are also frequently used by the sample firms. However, other computerised support functions are not commonly employed. The three highest reported problems in adopting computer-based accounting system are inadequate skills or expertise, limited functions of the accounting software, and poor vendor support. Finally, due to low adoption of fully computerised or fully computerised link to web applications, the correlation between the extent of IT used with the age of companies, location, number of employees and industry are not strong.
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spelling curtin-20.500.11937-286592017-01-30T13:06:29Z The Extent of Information Technology (IT) Use in Accounting: A Case of Sarawak Goi, Chai Ho, Poh-Ling Choo, Samuel Yong, S. Islam, M.M. The main objective of this study is to examine the extent of IT used in accounting based on Sarawak state. This study found that even majority of the respondents' claimed that they have adopted of computer-based accounting system for more than 9 years, but adoption of fully computerised or fully computerised link to web applications still very low. The results indicate that the most popular method of implementing the accounting software is by utilising the ready-made packages and uses batches system to process their data. The average use of different accounting modules with the general ledger recorded the highest. The subsidiary ledgers, which include sales/Accounts Receivable, purchases/Accounts Payable, payroll and inventory management and control, are also frequently used by the sample firms. However, other computerised support functions are not commonly employed. The three highest reported problems in adopting computer-based accounting system are inadequate skills or expertise, limited functions of the accounting software, and poor vendor support. Finally, due to low adoption of fully computerised or fully computerised link to web applications, the correlation between the extent of IT used with the age of companies, location, number of employees and industry are not strong. 2008 Conference Paper http://hdl.handle.net/20.500.11937/28659 Global Academy of Business and Economic Research restricted
spellingShingle Goi, Chai
Ho, Poh-Ling
Choo, Samuel
Yong, S.
The Extent of Information Technology (IT) Use in Accounting: A Case of Sarawak
title The Extent of Information Technology (IT) Use in Accounting: A Case of Sarawak
title_full The Extent of Information Technology (IT) Use in Accounting: A Case of Sarawak
title_fullStr The Extent of Information Technology (IT) Use in Accounting: A Case of Sarawak
title_full_unstemmed The Extent of Information Technology (IT) Use in Accounting: A Case of Sarawak
title_short The Extent of Information Technology (IT) Use in Accounting: A Case of Sarawak
title_sort extent of information technology (it) use in accounting: a case of sarawak
url http://hdl.handle.net/20.500.11937/28659