Please use this identifier to cite or link to this item: http://repository.kln.ac.lk/handle/123456789/16482
Title: Computerized Accounting System Usage of Small & Medium Scale Enterprises in Sri Lanka
Authors: Weerasinghe, H.D.S.S.
Perera, H.A.P.L.
Keywords: Small & Medium Scale Enterprises
Computerized accounting systems
Sri Lanka
Issue Date: 2016
Publisher: Department of Accountancy, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka
Citation: Weerasinghe, H.D.S.S. and Perera, H.A.P.L. 2016. Computerized Accounting System Usage of Small & Medium Scale Enterprises in Sri Lanka. In Proceedings of the Undergraduates Research Conference - 2016, 11th January 2017, Department of Accountancy, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka.
Abstract: Most of the researches were found that, Small and Medium Enterprises (SMEs) play a significant role in almost all economies. For developing countries it is more critical than developed countries. As a developing country SMEs are identified as one of the most important elements in the economy by Sri Lankan government. Accounting system is a main component of an organization which determine the existence if the organization though evaluating the performance. In present most of the businesses are using Computerized Accounting System ot enhance the effectiveness and efficiency of accounting process. This research analyzed the Computerized Accounting System Usage by Small & Medium Scale Enterprises in Sri Lanka with reference to Colombo district. 100 SMEs were selected to obtain data and data collected through a questionnaire from SMEs in Colombo District. Out of the 100 samples selected 75 responses were received. The received data were analyzed using frequency analysis and cross tab analysis in descriptive statistics. It is found that majority of the SMEs are using computerized accounting systems but not the best software available in the market. Also there is a relationship in computerized accounting systems and the level of education of business owner and the accountant, number of accounting staff and the organizational structure. It is recommended to guide and carrying out trainings for SMEs by the government to adopt Computerized the SMEs with the technology and the boost the performance of the SMEs in Sri Lanka.
URI: http://repository.kln.ac.lk/handle/123456789/16482
ISSN: 2550- 2611
Appears in Collections:2nd ICARE Student's Conference - 2016

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