The role of digital technologies in enhancing the quality of financial reports for government units A field study at the University of Fallujah

Authors

  • م.م. مالك احمد عواد

    malek.a.aowad@uofallujah.edu.iq

    جامعة الفلوجة - رئاسة الجامعة

Abstract

This study aims to assess the impact of digital systems, including electronic payment systems and accounting systems, on the accuracy of financial information and the transparency of financial reports in government units. The statistical results showed no significant relationship between the use of electronic payment systems and the accuracy of the financial information provided, indicating that these systems do not have a substantial effect on data quality. Additionally, the analyses revealed that electronic accounting systems did not significantly contribute to enhancing the transparency of financial reports, which can be attributed to the lack of integration of these systems with existing administrative processes.

Furthermore, the results did not demonstrate a significant relationship between the use of digital technologies and the speed of financial report preparation, suggesting that the technologies employed may not contribute to accelerating the preparation process as expected. Also, digital technologies did not show a notable impact on the level of satisfaction of report users, highlighting the need to improve the quality of the information provided. Based on theoretical literature, it is recommended to enhance the integration between traditional and digital accounting systems to increase the effectiveness of report preparation. Additionally, investing in employee training to raise awareness of the importance of financial data is advisable, as this could improve information quality and enhance user trust in financial reports.

Published

2024-12-18
hit counter

How to Cite

عواد م. م. ا. (2024). The role of digital technologies in enhancing the quality of financial reports for government units A field study at the University of Fallujah. Journal of Business Economics for Applied Research, 6(2), 1387–1368. Retrieved from https://uofbejar.net/index.php/new/article/view/324