The effectiveness of the Financial and Accounting Computerized Information Systems in the Jordanian Banking Sector: An Empirical Study

Abstract

This study aims at evaluating the effectiveness of the financial and accounting computerized information systems in the Jordanian banking sector in 2011, from different aspects. To achieve these objectives, two techniques for gathering data are used: the questionnaire which represents the primary sources. Books, periodicals and various published studies, represent the secondary sources. The researcher has distributed (164) questionnaires to the users (Accountants and Managers) of the Jordanian commercial banks listed in Amman stock exchange (ASE), (140) were received back and analyzed which represent (85.36%) from the Total population. The SPSS package was used for statistical analysis through using frequencies, percentages, means and standard deviations, correlations. The financial and accounting computerized systems are highly effective to achieve their goals, easy to be used, faster and adaptive to different needs and environments. These systems are characterized by being internally integrated and also with other systems in the way that they meet the need of all parties, inside and outside the commercial banks. These systems also are characterized by the presence of monitoring rules that support its efficiency and enhance the trust of users. Finally, the researcher summarized several recommendations according to the conclusions.