The Determinates Of Selecting Accounting Software: A Proposed Model

Abstract

Selecting the appropriate accounting software has become an important issue for many organizations. Selecting the wrong accounting software would be a great disaster, it might lead to major financial losses, and possibly even bankruptcy. Certain crucial factors such as users’ current and future needs, business type, business size, features and attributes of accounting software, information technology infrastructure and environment, and vendor reliability should be taken into consideration before obtaining the software. The objective of this paper is to investigate, analyze and evaluate the main factors an organization should consider in its decision to select the appropriate accounting software. The paper introduces an integrated theoretical framework of the main factors affecting the selection of an appropriate accounting software package for an organization. The paper proceeds to introduce a proposed mathematical model of the determinants of selecting accounting software. The proposed model would help an organization to select the most appropriate accounting software that would satisfy its current and future needs for information and financial and non-financial reports.