Accounting and Finance

88 views 7:45 am 0 Comments September 29, 2023

Technology has changed how people and businesses operate globally along with technological, economic, social, and cultural political advancements and challenges. Accounting information has become a vital information and technology tool for financial controls and performance management evaluation (Kurniawan & Diptyana, 2011).

Accounting software was designed in the era of technology and information systems to aid with financial operations, more so in the period of Covid-19, where technology became the sole saviour of some semblance of continuation of activities working and studying from home became possible that had been unthought of (Aziz et al., 2021).

Progress has been made, such as using accounting data strategically. Small and medium-sized businesses (SMEs) are an integral part of any society, contributing considerably to economic development (Ahmed et al., 2021). According to Ismael et al., small and medium-sized businesses (SMEs) contribute significantly to industry employment (2021). According to Ali et al. (2021), developing nations must have a sector to support growth and social development. The research emphasized that the SME sector has emerged as a significant element and a substantial portion of the private sector in emerging countries.

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