husam salam jasim The impact of accounting information systems on enhancing the quality of financial reports: A field study on some Iraqi banks

Abstract

This study aims at disclosing the relationship between the quality of financial reports (QFR) and accounting information systems (AIS). It also studies the impact of implementing AIS on the QFR. Data were gathered via a questionnaire administrated with  217 employees in some Iraqi banks. Results reported that AIS are one of the most important information systems and the most important structure within the institution due to its connection to all levels within it.  AIS are also considered as fundamental factor in the success or failure of these banks. AIS have the ability to collect, tabulate, and analyze a huge amount of data and prepare them as financial information in the form of reports for all parties within the organizational structure of the bank, helping them make appropriate decisions. Therefore, it is recommended that bank management should adapt to developments in systems and government regulations, and work on designing electronic systems in the bank that are compatible with financial legislation and instructions.