Impact of Accounting Software among SMEs Accountants in Oman
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Date
2020
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Sumy State University
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Abstract
Financial losses, bankruptcy and closure of the company may be the result of incorrect choice of accounting software, inefficient modernization of such software depending on the specifics of the economic entity and ignorance of technical knowledge of staffs to work with the software product. The paper notes that for companies from member countries of the Gulf Cooperation Council, the technique of implementation and application of tax legislation and International Financial Reporting Standards (IFRS) differs significantly from other countries.
Keywords
бухгалтерський облік, бухгалтерский учет, accounting, бухгалтер, accountant, малі та середні підприємства, малые и средние предприятия, small and medium enterprises, міжнародні стандарти фінансової звітності (МСФЗ), международные стандарты финансовой отчетности (МСФО), international financial reporting standards (IFRS), Оман, Oman
Citation
Muneerali M.T. (2020). Impact of Accounting Software among SMEs Accountants in Oman. Financial Markets, Institutions and Risks, 4(2), 25-33. https://doi.org/10.21272/fmir.4(2).25-33.2020.
