Research Article
BibTex RIS Cite

THE DEVELOPMENT OF ACCOUNTING INFORMATION SYSTEMS AND THE LIMITATIONS OF DOING SO IN THE DEVELOPING ECONOMIES OF THE WORLD

Year 2020, Volume: 6 Issue: 9, 10 - 19, 01.08.2020

Abstract

With globalization, developing nations have managed to acquire or adopt the accounting information system used by the developed nations across the globe. The process of adopting or developing accounting information systems by the developing nations is beneficial but also faces increased challenges. Therefore, the paper aims at identifying the development of accounting information systems, as well as, shortcomings in the establishment processes in the developing states. Thus, it provides a literature review on the feature distinguishing developing nations from the developed nations. It highlights the link between globalization and the creation of accounting information systems across the globe. Moreover, it provides an overview of the role carried out by the accounting system in meeting the development needs of a country. Lastly, it provides an overview of adoption and problems associated to the creation of accounting technologies in the developing nations.

References

  • ACCA. (2012). “The Role of Accountancy in Economic Development”. The Association of Chartered Certified Accountants: United Kingdom.
  • ANTWI, Kofi Gyasi. (2010). “The Adoption of International Financial Reporting Standards in Developing Countries-The Case of Ghana”. Master’s Thesis, University of Applied Sciences, Vaasa Ammatikorkeakoulu, 1-82.
  • BOOLAKY, Pran Krishansing, OMOTESO, Kamil, IBRAHIM, Masud Usman, and ADELOPO, Ismail. (2018). “The Development of Accounting Practices and the Adoption of IFRS in Selected MENA Countries”. Journal of Accounting in Emerging Economies. 8(3). 327-351.
  • ČERNE, Ksenija. (2009). “Influential Factors of Country's Accounting System Development”. Economic research-Ekonomska istraživanja. 22(2). 66-97.
  • ELSHARIF, Tarek Abdelhafid. (2019). “The Elements of Accounting Information Systems and the Impact of Their Use on the Relevance of Financial Information in Wahda Bank—Benghazi, Libya”. Open Journal of Business and Management. 7(3). 1429-1450.
  • HELLES, Salem Abdalla Salem. (1992). “The Evolution of Accounting in Developing Countries: The Study of Jordan”. Doctoral Dissertation, University of Hull. 1-591.
  • HOPPER, Trevor, LASSOU, Philippe, and SOOBAROYEN, Teeroven. (2017). “Globalisation, Accounting and Developing Countries”. Critical Perspectives on Accounting. 43, 125-148.
  • MASOUD, Najeb. (2016). “The Development of Accounting Regulation in the Libyan Region Countries in Africa”. Research Journal of Finance and Accounting. 7(12). 45-54.
  • OPLATKA, Izhar. (2004). “The Principalship in developing Countries: Context, Characteristics and Reality. Comparative Education. 40(3). 427-448.
  • SALEHI, Mahdi, ROSTAMI, Vahab, and MOGADAM, Abdolkarim. (2010). “Usefulness of Accounting Information System in Emerging Economy: Empirical Evidence of Iran”. International Journal of Economics and Finance. 2(2). 186-195.
  • SHAREIA, Bubaker. (2015). “Theories of Development”. International Journal of Language and Linguistics. 2(1). 78-90.
  • SHAREIA, Bubaker. (2016a). “Accounting Information Systems in Developing Countries”. Journal of Business and Economic Policy. 3(1). 46-57.
  • SHAREIA, Bubaker. (2016b). “The Present Role of Accounting Information System in Meeting the Development Need: The Case of Libya”. International Journal of Business, Humanities and Technology. 6(2). 17-28.
  • SKOET, Jakob, and. STAMOULIS, Kostas G. (2006). “The State of Food Insecurity in the World 2006: Eradicating World Hunger-Taking Stock Ten Years After the World Food Summit”. Food & Agriculture Organization of the United Nation, Italy.
  • SOCEA, Alexandra Daniela. (2011). “Accounting Information in the Context of Globalization”. The USV Annals of Economics and Public Administration. 10(3). 326-333.
  • TAUFU'I, Sione Leimoni. (1996). “The Role of Accounting in the Developing Economy of the Kingdom of Tonga”. Doctoral Dissertation, University of Wollongong.
  • THOMPSON, Samuel C. (2016). “Accounting for a Developing World: A Look at International Standards on Developing Countries”. Thesis Project, University of Tennessee.
  • UNEGBU, Angus O. (2014). “Theories of Accounting: Evolution & Developments, Income-Determination and Diversities in Use”. Research Journal of Finance and Accounting. 5(19). 1-16.
  • ZAKARIA, Wan Zuriati Wan, ILIAS, Norazlina, and WAHAB, Norlidawahi. (2017). “A Survey on the Impact of Accounting Information System on Tasks Efficiency: Evidence from Malaysian Public Sector Agencies”. International Review of Management and Marketing, 7(1). 183-190.
  • ZEHRI, Chokri, and ABDELBAKI, Asma. (2013). “Does Adoption of International Accounting Standards Promote Economic Growth in Developing Countries”. International Open Journal of Economics. 1(1). 1-13.
  • ZEHRI, Fatma, and CHOUAIBI, Jamel. (2013). “Adoption Determinants of the International Accounting Standards IAS/IFRS by the Developing Countries”. Journal of Economics Finance and Administrative Science. 18(35). 56-62.

MUHASEBE BİLGİ SİSTEMLERİNİN GELİŞİMİ VE DÜNYANIN GELİŞEN EKONOMİLERİNDE UYGULAMA SINIRLAMALARI

Year 2020, Volume: 6 Issue: 9, 10 - 19, 01.08.2020

Abstract

Küreselleşmeyle birlikte gelişmekte olan ülkeler, dünya genelinde gelişmiş uluslar tarafından kullanılan muhasebe bilgi sistemlerini kendilerine uyarlamayı başarmıştır. Gelişmekte olan ülkeler tarafından muhasebe bilgi sistemlerinin benimsenmesi veya geliştirilmesi faydalı olmakta ama aynı zamanda süreçte zorluklarla da karşı karşıya kalınmaktadır. Bu nedenle çalışma, muhasebe bilgi sistemlerinin gelişimini ve gelişmekte olan ülkelerdeki kuruluş süreçlerindeki eksiklikleri tespit etmeyi amaçlamaktadır. Böylece, gelişmekte olan ülkeleri gelişmiş ülkelerden ayıran özellikler hakkında bir literatür incelemesi sunmakta ve ayrıca küreselleşme ile dünya çapındaki muhasebe bilgi sistemlerinin oluşturulması arasındaki bağlantıyı vurgulamaktadır. Bunlara ek olarak, bir ülkenin kalkınma ihtiyaçlarını karşılamada muhasebe sisteminin oynadığı rol hakkında genel bir bakış sunmaktadır. Son olarak, gelişmekte olan ülkelerde muhasebe teknolojilerinin oluşturulmasıyla ilgili benimsenme ve sorunlara genel bir bakış ortaya koymaktadır.

References

  • ACCA. (2012). “The Role of Accountancy in Economic Development”. The Association of Chartered Certified Accountants: United Kingdom.
  • ANTWI, Kofi Gyasi. (2010). “The Adoption of International Financial Reporting Standards in Developing Countries-The Case of Ghana”. Master’s Thesis, University of Applied Sciences, Vaasa Ammatikorkeakoulu, 1-82.
  • BOOLAKY, Pran Krishansing, OMOTESO, Kamil, IBRAHIM, Masud Usman, and ADELOPO, Ismail. (2018). “The Development of Accounting Practices and the Adoption of IFRS in Selected MENA Countries”. Journal of Accounting in Emerging Economies. 8(3). 327-351.
  • ČERNE, Ksenija. (2009). “Influential Factors of Country's Accounting System Development”. Economic research-Ekonomska istraživanja. 22(2). 66-97.
  • ELSHARIF, Tarek Abdelhafid. (2019). “The Elements of Accounting Information Systems and the Impact of Their Use on the Relevance of Financial Information in Wahda Bank—Benghazi, Libya”. Open Journal of Business and Management. 7(3). 1429-1450.
  • HELLES, Salem Abdalla Salem. (1992). “The Evolution of Accounting in Developing Countries: The Study of Jordan”. Doctoral Dissertation, University of Hull. 1-591.
  • HOPPER, Trevor, LASSOU, Philippe, and SOOBAROYEN, Teeroven. (2017). “Globalisation, Accounting and Developing Countries”. Critical Perspectives on Accounting. 43, 125-148.
  • MASOUD, Najeb. (2016). “The Development of Accounting Regulation in the Libyan Region Countries in Africa”. Research Journal of Finance and Accounting. 7(12). 45-54.
  • OPLATKA, Izhar. (2004). “The Principalship in developing Countries: Context, Characteristics and Reality. Comparative Education. 40(3). 427-448.
  • SALEHI, Mahdi, ROSTAMI, Vahab, and MOGADAM, Abdolkarim. (2010). “Usefulness of Accounting Information System in Emerging Economy: Empirical Evidence of Iran”. International Journal of Economics and Finance. 2(2). 186-195.
  • SHAREIA, Bubaker. (2015). “Theories of Development”. International Journal of Language and Linguistics. 2(1). 78-90.
  • SHAREIA, Bubaker. (2016a). “Accounting Information Systems in Developing Countries”. Journal of Business and Economic Policy. 3(1). 46-57.
  • SHAREIA, Bubaker. (2016b). “The Present Role of Accounting Information System in Meeting the Development Need: The Case of Libya”. International Journal of Business, Humanities and Technology. 6(2). 17-28.
  • SKOET, Jakob, and. STAMOULIS, Kostas G. (2006). “The State of Food Insecurity in the World 2006: Eradicating World Hunger-Taking Stock Ten Years After the World Food Summit”. Food & Agriculture Organization of the United Nation, Italy.
  • SOCEA, Alexandra Daniela. (2011). “Accounting Information in the Context of Globalization”. The USV Annals of Economics and Public Administration. 10(3). 326-333.
  • TAUFU'I, Sione Leimoni. (1996). “The Role of Accounting in the Developing Economy of the Kingdom of Tonga”. Doctoral Dissertation, University of Wollongong.
  • THOMPSON, Samuel C. (2016). “Accounting for a Developing World: A Look at International Standards on Developing Countries”. Thesis Project, University of Tennessee.
  • UNEGBU, Angus O. (2014). “Theories of Accounting: Evolution & Developments, Income-Determination and Diversities in Use”. Research Journal of Finance and Accounting. 5(19). 1-16.
  • ZAKARIA, Wan Zuriati Wan, ILIAS, Norazlina, and WAHAB, Norlidawahi. (2017). “A Survey on the Impact of Accounting Information System on Tasks Efficiency: Evidence from Malaysian Public Sector Agencies”. International Review of Management and Marketing, 7(1). 183-190.
  • ZEHRI, Chokri, and ABDELBAKI, Asma. (2013). “Does Adoption of International Accounting Standards Promote Economic Growth in Developing Countries”. International Open Journal of Economics. 1(1). 1-13.
  • ZEHRI, Fatma, and CHOUAIBI, Jamel. (2013). “Adoption Determinants of the International Accounting Standards IAS/IFRS by the Developing Countries”. Journal of Economics Finance and Administrative Science. 18(35). 56-62.
There are 21 citations in total.

Details

Primary Language English
Subjects Business Administration
Journal Section Articles
Authors

Nida Türegün 0000-0002-1912-5095

Publication Date August 1, 2020
Acceptance Date June 29, 2020
Published in Issue Year 2020 Volume: 6 Issue: 9

Cite

APA Türegün, N. (2020). MUHASEBE BİLGİ SİSTEMLERİNİN GELİŞİMİ VE DÜNYANIN GELİŞEN EKONOMİLERİNDE UYGULAMA SINIRLAMALARI. Uluslararası Akademik Yönetim Bilimleri Dergisi, 6(9), 10-19.
Uluslararası Akademik Yönetim Bilimleri Dergisi
ISSN: 2149-1984
YÜKSEKBİLGİLİ EĞİTİM VE DANIŞMANLIK LTD. ŞTİ.