The Use of Information Technology in Improving the Quality of Financial Report in Micro, Small and Medium Enterprises

DOI

10.2991/aer.k.210825.039How to use a DOI?

Keywords

Use of Information Technology, Digital Transformation, Quality of Financial Reporting, Micro Small and Medium Enterprises

Abstract

Micro, small and medium enterprises have an important role in the economy of a country. Although the role of micro, small and medium enterprises has been recognized nationally, these enterprises face many challenges and obstacles, especially in producing quality financial report. For this reason, this study was conducted to investigate the use of information technology in improving the quality of financial report for micro, small and medium enterprises. To achieve this goal, this study developed a structural questionnaire, which then randomly distributed to 98 micro, small, and medium enterprises in Jambi City. This study found that most businessman in micro, small and medium enterprises agree that micro, small medium enterprises need a computerized system to help record transactions to create financial reports and the importance of financial report in decision making. However, this research shows that there are still micro, small and medium entrepreneurs who do not use computers in their operational activities and still use manual systems. The results showed that many micro, small and medium enterprises have used technology to improve the quality of financial report. The use of information technology as part of digital transformation such as paperless accounting or digitalized documents that was previously done manually. In addition, micro, small and medium enterprises also use internet-based and desktop applications to improve financial reporting.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Wiralestari
AU  - Rita Friyani
AU  - Riski Hernando
PY  - 2021
DA  - 2021/08/26
TI  - The Use of Information Technology in Improving the Quality of Financial Report in Micro, Small and Medium Enterprises
BT  - Proceedings of the 3rd Green Development International Conference (GDIC 2020)
PB  - Atlantis Press
SP  - 214
EP  - 220
SN  - 2352-5401
UR  - https://doi.org/10.2991/aer.k.210825.039
DO  - 10.2991/aer.k.210825.039
ID  - 2021
ER  -