The Influence of Technology on Accounting Practices in India: A Survey of Accounting Software Utilization by Micro Enterprises in Delhi

Author:

Gupta RenuORCID

Abstract

This research paper investigates the impact of technology adoption on accounting practices within micro enterprises in Delhi, India. The primary objectives of this study were to identify the factors influencing the selection of accounting software, examine the relationship between technology adoption and perceived improvements in financial efficiency, and uncover the specific challenges faced by micro enterprises in integrating technology into their accounting processes. To achieve these objectives, a comprehensive survey was conducted among a diverse sample of micro enterprises in Delhi. The survey assessed the criteria used by these businesses to choose accounting software, their level of confidence in data security, and their satisfaction with the software's functionality. It also explored the challenges encountered during software adoption and identified the features that micro enterprises deemed essential for software improvement. The key findings of this research indicate that micro enterprises in Delhi prioritize cost-effectiveness and functionality when selecting accounting software. While technology adoption positively impacts confidence in data security and satisfaction levels, it does not consistently lead to perceived improvements in financial efficiency. Challenges in software adoption are closely related to the nature of the business, emphasizing the need for tailored approaches. Desired software improvements include enhanced tax compliance features, cloud-based access, improved reporting tools, and scalability. The implications of this study extend beyond Delhi's micro enterprises, offering insights for policymakers, business owners, and the accounting profession. Policymakers can use these findings to design initiatives that support digital transformation in small businesses. Business owners can make informed decisions when selecting accounting software, and accountants can adapt their skills to the evolving landscape of technology integration in finance. 

Publisher

AMO Publisher

同舟云学术

1.学者识别学者识别

2.学术分析学术分析

3.人才评估人才评估

"同舟云学术"是以全球学者为主线,采集、加工和组织学术论文而形成的新型学术文献查询和分析系统,可以对全球学者进行文献检索和人才价值评估。用户可以通过关注某些学科领域的顶尖人物而持续追踪该领域的学科进展和研究前沿。经过近期的数据扩容,当前同舟云学术共收录了国内外主流学术期刊6万余种,收集的期刊论文及会议论文总量共计约1.5亿篇,并以每天添加12000余篇中外论文的速度递增。我们也可以为用户提供个性化、定制化的学者数据。欢迎来电咨询!咨询电话:010-8811{复制后删除}0370

www.globalauthorid.com

TOP

Copyright © 2019-2024 北京同舟云网络信息技术有限公司
京公网安备11010802033243号  京ICP备18003416号-3