Abstract:
Purpose: This study investigates the impact of Accounting Information Systems
(AIS) on decision-making and financial processes, with a focus on financial reporting,
budgeting, and internal controls. It aims to evaluate how AIS influences key areas
such as cash flow management, investment decisions, cost control, and risk
management, while addressing implementation challenges like data security, system
integration, and user training.
Design/methodology/approach: The study employed a structured survey
administered to 100 finance and accounting professionals from diverse organizations
that have implemented AIS. Data were collected through a detailed questionnaire and
analyzed using SPSS software. The analysis included descriptive statistics,
correlation analysis, and regression techniques to test the hypothesis of a positive
correlation between AIS adoption and enhanced financial performance.
Findings: The results indicate that AIS significantly improves the reliability,
relevance, and transparency of financial information, contributing to more effective
and timely decision-making. The study also identifies critical success factors, such as
robust training programs for users and ensuring seamless integration of AIS with
other organizational systems.
Practical implications: Organizations adopting AIS are likely to experience better
financial performance, improved operational efficiency, and a competitive advantage
in strategic decision-making. Addressing challenges like data security and user
readiness is crucial for maximizing AIS benefits
Originality value: This research provides empirical evidence of the positive
correlation between AIS adoption and financial performance enhancements in Sri
Lanka's organizational context. It also highlights implementation best practices to
ensure successful AIS adoption and sustained benefits
