An evaluation of the impact of e-commerce on the quality of financial reports: a case of Soledd finance

We are living in a dynamic world characterized by spontaneous changes happening in the twinkle of the eye brought about mainly by advances in technology. This research was set out to evaluate the impact of e-commerce on the quality of financial reporting (A case of Soledd Finance). The research was...

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Main Author: Sachikonye, Kudzai
Language:English
Published: Midlands State University 2018
Subjects:
Online Access:http://hdl.handle.net/11408/3204
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author Sachikonye, Kudzai
author_facet Sachikonye, Kudzai
author_sort Sachikonye, Kudzai
collection DSpace
description We are living in a dynamic world characterized by spontaneous changes happening in the twinkle of the eye brought about mainly by advances in technology. This research was set out to evaluate the impact of e-commerce on the quality of financial reporting (A case of Soledd Finance). The research was mainly prompted by the observations that the researcher witnessed during industrial attachment experiences within an e-commerce firm. The choice to focus on this study was due to the challenges being faced by the firm in financial reporting which were prompted by a shift from the traditional business to electronic one. The firm is failing to meet reporting deadlines, and experiences longer audit periods, reconciliation difficulties and also material variances in financial statements. A review of literature with information pertaining to changes that have occurred to the financial reporting process under e-commerce was carried out extensively. The findings highlighted that financial reporting in e-commerce is mainly affected by information technology risks and the non-integration of modules. Data was gathered using questionnaires and interviews; both primary and secondary sources were used and analyzed in order to give the researcher a better understanding. The study recommended that Soledd Finance must introduce an accounting system which can easily integrate modules while not altering the activities of the firm and also invest in risk management strategies.
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spelling ir-11408-32042022-06-27T13:49:04Z An evaluation of the impact of e-commerce on the quality of financial reports: a case of Soledd finance Sachikonye, Kudzai E-commerce Financial reporting We are living in a dynamic world characterized by spontaneous changes happening in the twinkle of the eye brought about mainly by advances in technology. This research was set out to evaluate the impact of e-commerce on the quality of financial reporting (A case of Soledd Finance). The research was mainly prompted by the observations that the researcher witnessed during industrial attachment experiences within an e-commerce firm. The choice to focus on this study was due to the challenges being faced by the firm in financial reporting which were prompted by a shift from the traditional business to electronic one. The firm is failing to meet reporting deadlines, and experiences longer audit periods, reconciliation difficulties and also material variances in financial statements. A review of literature with information pertaining to changes that have occurred to the financial reporting process under e-commerce was carried out extensively. The findings highlighted that financial reporting in e-commerce is mainly affected by information technology risks and the non-integration of modules. Data was gathered using questionnaires and interviews; both primary and secondary sources were used and analyzed in order to give the researcher a better understanding. The study recommended that Soledd Finance must introduce an accounting system which can easily integrate modules while not altering the activities of the firm and also invest in risk management strategies. 2018-09-24T10:23:08Z 2018-09-24T10:23:08Z 2017 http://hdl.handle.net/11408/3204 en open Midlands State University
spellingShingle E-commerce
Financial reporting
Sachikonye, Kudzai
An evaluation of the impact of e-commerce on the quality of financial reports: a case of Soledd finance
title An evaluation of the impact of e-commerce on the quality of financial reports: a case of Soledd finance
title_full An evaluation of the impact of e-commerce on the quality of financial reports: a case of Soledd finance
title_fullStr An evaluation of the impact of e-commerce on the quality of financial reports: a case of Soledd finance
title_full_unstemmed An evaluation of the impact of e-commerce on the quality of financial reports: a case of Soledd finance
title_short An evaluation of the impact of e-commerce on the quality of financial reports: a case of Soledd finance
title_sort evaluation of the impact of e-commerce on the quality of financial reports: a case of soledd finance
topic E-commerce
Financial reporting
url http://hdl.handle.net/11408/3204
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