Many organizations have wholeheartedly embraced computerized accounting systems in order to expand their corporate operations. In recent years, service businesses, particularly the banking industry, have experienced considerable development as a result of the use of computerized accounting systems. This study assesses the linkage between the financial performance of Kenyan businesses and the setting for computerized accounting. A few of the themes that have been taken into account are data controls, detective controls, preventive controls, and corrective controls. In contrast to clerks using manual procedures, the study found that a computerized accounting system (CAS) will not issue invoices incorrectly, hence eliminating errors. Business organizations are becoming more and more competitive in the market as a result of the implementation of CAS.
Albertazzi, U., & Gambacorta, L. (2010). Bank profitability and taxation. Journal of Banking & Finance, 34(11), 2801-2810. doi:https://doi.org/10.1016/j.jbankfin.2010.06.003
Alper, E., Clements, B. J., Hobdari, N. A., & Porcel, R. M. (2019). Do Interest Rate Controls Work? Evidence from Kenya. IMF. Retrieved from https://www.imf.org/en/Publications/WP/Issues/2019/05/31/Do-Interest-Rate-Controls-Work-Evidence-from-Kenya-46877
Baldacci, E., Gupta, S., & Mulas-Granados, C. (2009). How effective is fiscal policy response in systemic banking crises? SSRN. Retrieved from https://ssrn.com/abstract=1442263
Blinder, A. S. (2008). Keynesian economics. The concise encyclopedia of economics. Retrieved from https://studynotesunisa.co.za/wp-content/uploads/2018/12/Scanned-notes-6.pdf
Chauvet, L., & Ferry, M. (2021). Taxation, infrastructure, and firm performance in developing countries. Public Choice, 187(3), 455-480. doi:https://doi.org/10.1007/s11127-020-00788-4
Constâncio, V. (2020). The return of fiscal policy and the euro area fiscal rule. Comparative Economic Studies, 62(3), 358-372. doi:https://doi.org/10.1057/s41294-020-00122-3
Dinç, I. S. (2005). Politicians and banks: Political influences on government-owned banks in emerging markets. Journal of financial economics, 77(2), 453-479. doi:https://doi.org/10.1016/j.jfineco.2004.06.011
Du, L. (2015). Positive correlation between government expenditure and real interest rate: Testing Ramsey Model based on American and Chinese data. Procedia Economics and Finance, 30, 202-212. doi:https://doi.org/10.1016/S2212-5671(15)01287-3
Eboso, J. M. (2018). Government Expenditure and Public Sector Corruption in Kenya. University of Nairobi. Retrieved from http://220.127.116.11/handle/11295/157018
Guguyu, D. (2022, March 9). CBK lifts freeze on bank lending rates after IMF notice. Business Daily. Retrieved from https://www.businessdailyafrica.com/bd/economy/cbk-lifts-freeze-on-loan-prices-after-imf-notice-3741594
Kamau, C. G., Mutiso, A. N., & Ngui, D. M. (2012). Tax avoidance and evasion as a factor influencing ‘Creative Accounting practice’among Companies in Kenya. Journal of Business Studies Quarterly, 4(2), 77–84. doi: https://doi.org/10.5281/zenodo.6850559
Kenga, D. S., Kamau, C. G., & Amayo, S. A. (2022). Effect of Corona-virus Disease 2019 (COVID-19) and Inflation Rate on the Foreign Exchange Rate in Kenya. Asian Journal of Economics, Business and Accounting, 22(14), 12-24. doi:https://doi.org/10.9734/ajeba/2022/v22i1430620
Kipkemoi, S., Atambo, W., & Mogwambo, V. A. (2016). Effects of Fiscal Policy on the Profitability of Commercial Banks in Kenya: A Case Study of Kenya Commercial Bank. International Journal of Social Sciences and Information Technology, II(IX), 1323-1336. Retrieved from https://www.ijssit.com/main/wp-content/uploads/2016/10/EFFECTS-OF-FISCAL-POLICY-ON-THE-PROFITABILITY-OF-COMMERCIAL-BANKS-IN-KENYA.pdf
Kithandi, C. K. (2022). Monetary Policy and Financial Performance of Commercial Banks in Kenya. The International Journal of Business and Management, 10(6), 40-46. doi:DOI: https://doi.org/10.24940/theijbm/2022/v10/i6/BM2206-007
Kulundu et al. (2020). Fiscal Policies in Kenya: Effects on Poverty and Inequalities.
Larch, M., & Martins, J. N. (2009). Fiscal policy making in the European Union: an assessment of current practice and challenges. Routledge.
Maigua, C., & Mouni, G. (2016). Influence of interest rates determinants on the performance of commercial banks in Kenya. International journal of academic research in accounting, finance and management sciences, 2, 121-133. Retrieved from https://ideas.repec.org/a/hur/ijaraf/v6y2016i2p121-133.html
Mathias, S. M. (2021). Impact of Covid-19 Pandemic on Performance of Kenyan Banks. University of Nairobi. Retrieved from http://erepository.uonbi.ac.ke/handle/11295/160473
Muhindi, K. A., & Ngaba, D. (2018). Effect of firm size on financial performance on banks: Case of commercial banks in Kenya. International Academic Journal of Economics and Finance, 3(1), 175-190. Retrieved from http://www.iajournals.org/articles/iajef_v3_i1_175_190.pdf
O'Neill, A. (2022). Kenya: Budget balance between 2017 to 2027 in relation to GDP. Retrieved from Statista: https://www.statista.com/statistics/451121/kenya-budget-balance-in-relation-to-gdp/
Owino, E. (2021). Domestic financial flows in Kenya before and during Covid-19. Development Initiatives. Retrieved from https://devinit.org/resources/domestic-financial-flows-kenya-covid-19/
Pattanayak, S. (2016). Expenditure Control: Key Features, Stages, and Actors. International Monetary Fund. Retrieved from https://www.imf.org/external/pubs/ft/tnm/2016/tnm1602a.pdf
Thiongo, P. K. (2018). Effect of Loan Portfolio Growth on Financial Performance of Commercial Banks in Kenya. Technical University of Mombasa. Retrieved from http://18.104.22.168:8080/handle/123456789/13428
Wanyonyi, D. J., Kamau, C. G., & Sasaka, P. S. (2019). Effect of Loanable Funds and Director’s Skills on Financial Performance of Non Deposit Taking SACCOS in Mombasa County. International Journal of Sciences: Basic and Applied Research, 48(4), 108-124. Retrieved from https://core.ac.uk/outputs/249336790
World Bank. (2010). Fiscal Policies and Institutions for Shared Growth in Kenya: Lessons. Retrieved from https://openknowledge.worldbank.org/handle/10986/12980
Published on 01/01/2022
Volume 1 Issue 1, 2023
Licence: CC BY-NC-SA license
Are you one of the authors of this document?