The Reflection of Applying New Developed Approaches in Accounting Information System on Investment and Credit Decisions in commercial banks in Aqaba Special Economic Zone

Abstract

This study aimed at investigating the applicability of applying commercial banks in Aqaba to the modern methods of accounting information systems in its accounting and usefulness of such data when making decisions related to the interests of the banks and their customers credit and investment interests and achieve client satisfaction, and if there are differences between those banks in the application of those regulations and the degree of utilization. Study sample consisted of (10) commercial banks in the Aqaba Special economic zone, which have been selected based on the level of cooperation we got from the 17 banks. The study found that the use of modern methods of accounting information systems in banks in the Aqaba Special economic zone have an impact on administrative decisions of the managers. The prepared budget based on modern accounting systems do not provide expected and accurate information to help the credit protection of the bank