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PAMANTASAN NG LUNGSOD NG MAYNILA COLLEGE OF ACCOUNTANCY AND FINANCE BACHELOR OF SCIENCE IN ACCOUNTANCY A Comparative Analysis of Automated and Manual Accounting System of Micro, Small and Medium Enterprises involved in Wholesale / Retail Industry in Divisoria, Binondo In Partial Fulfillment of the Course Requirements in Methods of Research and Accounting Thesis Presented to: Prof. Josephine P. Yopo, CPA, MBA Presented By: Cabral, Jonnalene Charlone D. Carlos, Jon Venydick L. Ferreras, Elison Brax Gorospe, Maria Christine B. Usison, Ricah Ella A. BSA IV-2 December 14, 2015
CHAPTER 1 INTRODUCTION 1.0 Introduction This chapter contains the background, purpose, objectives, questions, hypothesis, significance and scope of the study. 1.1 Background of the study Micro, Small and Medium Enterprises (MSMEs) sector is considered as one of the major economic growth driver of all countries at any rate of development. For instance, about 80% of the labor force in Japan and 50% of workers in Germany are employed in the MSME sector, while here in the Philippines, As per shown in the most recent survey of Department of Trade and Industry, MSMEs contributes almost 64.97% of the total jobs generated by all types of business establishments in all sectors and which also accounts for almost 99.6 % of total registered enterprises. But like in any other industry, the MSME sector is not without challenges. Apart from adding value to the national economy, MSMEs also strive towards sustainability. Through enhancing their profitability, efficient utilization of available resources and reliable decision making based on correct and accurate information in a timely manner, has increased the importance of accounting information systems. The effectiveness and efficiency of accounting information system deployed is known to be one of the economic factors which are critical to the overall sustainability of MSMEs. According to preceding researches, accounting information systems that provide relevant, reliable and recent information to an organization’s management will allow such an organization to be more sustainable (Allah, et al., 2013, pp. 262). Thus, it is believed that accounting information systems adopted inside an organization should add value, ultimately resulting in the organization to become more sustainable. In the Philippine setting, scholarly works about the adoption of accounting information system are scanty and thus motivated the researchers to pursue this study in MSMEs particularly in Manila City. 1.2 Statement of the Problem
This study aims to determine the efficiency and effectiveness of automated accounting system as compared to manual accounting system gathered solely on company’s perception of its accounting performance. Specifically, the following questions will be answered: Do the MSMEs in Manila view automated accounting system as a significant factor in being competitive with other companies in the same industry?

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