Accounting Information System on the Operations of Rural Banks in Ghana.

• Main Authors: Samuel Ameyaw, Stephen Adu, Frank Mensah
• Format: Article
• Language: English
• Published: Africa Development and Resources Research Institute (ADRRI) 2015-08-01
• Series: Journal of Arts and Social Sciences
• Online Access: https://journals.adrri.org/index.php/adrrijass/article/view/192

Rural banks like any other businesses place important role by ensuring effective accounting information system necessary to provide the required information to the end users, therefore, the evaluation of the impact of accounting information system on the operations of rural banks in Ghana. Most rural banks are faced with the problem of keeping initial source documents, handling the correct accounting data to functions responsible for transformation of such data for end users to make right decision. The analysis of the data confirmed through questionnaire and interview found that the use of both manual and automated system has effectively affected the operations of these rural banks through provision of accounting reports, however, its implementation was no without challenges and this has impeded the smooth application of these systems. The study also found that most rural banks are faced with the problem of qualified personnel to handle appropriate level of accounting data. A research strategy adopted was a case study on selected rural banks in Ashanti region and these were analysed qualitatively and quantitatively using simple percentages and tables. The researcher uses convenient sampling technique to enable him reduces the possibility of research limitations, and came out with conclusion, and recommended as appropriate.