THE IMPACT OF COMPUTERIZED ACCOUNTING INFORMATION SYSTEM ON MANAGEMENT PERFORMANCE IN PUBLIC SECTOR IN COIMBATORE DISTRICT: PROBLEMS AND PROSPECTS

J.Senthil Kumar; Dr.L.Jagadeesan

Volume : VII, Issue : XII, December - 2018

THE IMPACT OF COMPUTERIZED ACCOUNTING INFORMATION SYSTEM ON MANAGEMENT PERFORMANCE IN PUBLIC SECTOR IN COIMBATORE DISTRICT: PROBLEMS AND PROSPECTS

J. Senthil Kumar, Dr. L. Jagadeesan

Abstract :

Accounting is the art of recording, classifying and summarizing in a significant manner and in terms of money, transactions and events that are, in part at least, of a financial character and interpreting the results thereof for consumptions. Information and Communications Technology (ICT) is an extended term for information technology (IT) that stresses the role of unified communications and the integration of telecommunications, computers and the necessary software, middleware, storage and audio-visual systems, which enable users to access, store, transmit and manipulate information. The impacts of computerized accounting information system (CAIS) on the executives� officers of public sector, departments or agencies were considered in terms of accounting framework and operating procedure in the public sectors in Coimbatore. The study pinpoints some of the problems associated with the implementation of CAIS such as high costs of implementations of hardware and software, costs of maintaining the system and it require special skills. Others are reduction of employee, inadequate security and having quality of backup and print accessories. The further revealed the prospects of implementing CAIS such as to lower operating costs, improve efficiency, increased functionality, better external reporting, improved accuracy and faster processing of data in the system. The paper concludes that the impacts of computerized accounting information system on the executives� officers of public sectors, departments or agencies considered only accounting framework and operating procedure in the public sectors in Coimbatore District. And also the study recommends that Governments should implement substantial security measures such as policies, guidelines, standards, and procedures to protect IT infrastructure through the use of physical, logical, environmental and administrative controls. Management must educate and continue to put employees on strict awareness of their confidentiality duty, as special skills is mostly capable of defeating physical security controls in the working environment.