E- Accounting Practices of Manufacturing Firms in Bangladesh

Abstract

Technology plays a key role in today’s business environment. E-accounting practice is a newly emerging concept in the field of accounting. In accounting documents and records exist in digital form as a substitute for a paper. The purpose of this study is to investigate the E-accounting practices of manufacturing firms in Bangladesh. The population of the study consisted of all listed companies have been operating in Dhaka Stock Exchange Ltd (DSE). Questionnaires were distributed among them through email; the researcher designed the questionnaire to target employees who worked at these companies. The hypotheses of the study were tested using the appropriate statistical methods, which are demographic data, descriptive and reliability statistics, a correlation matrix, and regression analysis were used for the analysis. The software used was the IBM Statistical Package for Social Science (SPSS) version 25. The results of this study indicate that implementation of e-accounting practice at these companies caused to effect on properly implementing keeping document in digital form. Results also show that measures of practical e-accounting practices items are more closely associated with record keeping documents and will effect on using e-accounting systems in these companies. It is recommended that the national regulators in collaboration with the accounting bodies should organize accounting training programmes for top level managers of manufacturing firms on proper e- accounting practices.