The impact of Accounting Information System on Internal Controls in Iraq

Abstract

Today’s advanced technology has made essential the use of accounting information systems for companies.The objective of AIS is to prepare relevant information for the managers at various levels. Providing information will help managers to discharge their accountabilities efficiently and effectively especially in the aspects of performance evaluation, control of recourses, making decisions, and planning.This paper aims to investigate the influence of AIS on internal controls in Iraq. We have asked 112 auditors twelve questions and all of them agreed to answer. We have used deceptive statistics and factor analysis methods.  The majority of participants agree that AIS has a positive contribution to internal controls as it contributes to planning, operation, reporting, and decision making. It controls data privacy and enhances compliance with laws and accounting standards.Our factor analysis results indicated that five questions, that underlined by the first factor, are questions 1,2,3,4 and question 10. We have interpreted those 5 questions as AIS contribution and quality check of information. We can conclude that AISs are crucial for organizations for their internal controls. The limitation of this study is that we have only asked auditors.A more complete study should include the opinion of ITs, managers, accountants, and economists. 

Keywords-Accounting Information System, quality check of information, Internal Controls