Accounting information systems on profitability of petroleum companies in Uganda. a case study of HASS petroleum, Wandegeya branch, Kampala:
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Date
2019-06
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Publisher
Kampala International University, College of Economics and Management.
Abstract
The study sough to examine accounting mg timid systems on thirstily petroleum
companies in Uganda: a case study of Bass Petroleum, Wandegeya Branch, Kampala. The
study objectives were,’ to determine the benefits of accounting information system in Floss
Petroleum, Wandegeya Branch Kampala-Uganda, to establish the challenges facing the use of
accounting information system in Bass Petroleum, Wandegeya Branch Kampala-l%mda and
to examine the relationships between accounting il!formation systems and profitability in Bass
Petroleum, Wandegeya Branch Kampala-Uganda. The study was based on a cor relational
research design. The qualitative approach was used to collect and analyze data on the study
topic. This design was used because It brought out clearly the relationship between the two
variables. Quantitative approach was used in data collection and analysis and general
information on the subject matter was collected from the different stakeholders involved in the
study. The study population involved 58 participants where 4 top administrators of Bass
Petroleum, 6 marketing officers, 5 accounts and finance department and 43 clients. A
sample size of 50 respondents was determined through possessive and random sampling
methods. Data was collected from primary and secondary sources using questionnaires. Afire
collecting data, the researcher organized well-answered questionnaire, data was edited and
sorted for the next stage. The data was presented in tabular form, pie charts and bar graphs
with frequencies and percentages. It was found out that 4% of the respondents strongly
disagreed, 14% of the respondents disagreed, 18% of the respondents were not sure, 44%
agreed and the remaining 20% of the respondents strongly agreed that computerized-financial
information systems are faster and more efficient to processing data. This Implies that majority
qf the respondents were of the view that Accounting information systems simply work since
they arefaster and more efficient. The study concludes that computerizedfinancial information
systems arefaster and more efficient in processing data. The use ofhardware such as scanners
automatically generates accounting information without much ado. The b~/brmation is
available almost immediately. The study recommends that Accounting Information System
department is a sensitive area with any organization, it is necessary that employees should
always be provided constant refresher training so as to clearly understand the use and
operation qf the system to increase on their skills and expertise in handling and managing
information systems.
Description
a research report submitted to the college of economics and management in partial fulfillment of requirements for the award of bachelor’s degree in business administration in finance and accounting of Kampala international university.
Keywords
Accounting information systems, petroleum companies