Managers’ extent of Utilization of computerized Accounting Practices for the Success of Small and Medium Scale Enterprises in Delta State

Abstract

The study determined managers’ extent of utilization of computerized accounting practices for the success of small and medium scale enterprises in Delta State. One research question was raised, and one null hypothesis was tested at 0.05 level of significance using descriptive survey research design. Convenience sampling technique was used to select 200 SMEs managers from each of the three senatorial districts in Delta State. A self-developed and validated questionnaire with a reliability coefficient of 0.86 obtained with Cronbach alpha formula was used for data collection. The researcher administered the instrument with the help of four research assistants to the respondents. Mean and standard deviation were used to answer the research question and determine the homogeneity or otherwise of the respondents, while the t-test was used to test the null hypothesis. Findings of the study disclosed that computerized accounting practices are lowly utilized by managers for the success of SMEs in Delta State. Also, managers do not differ significantly in their mean ratings on the extent of utilization of computerized accounting practices for the success of SME sin Delta State based on their years of business experience. The study concluded that computerized accounting practices are lowly adopted by managers for the success of SMEs in Delta State. It was recommended that managers of SMEs should undertake technical seminars and workshops to improve their awareness and knowledge of computerized accounting practices. This would encourage them to make use of computerized accounting practices in their business to have a better view of the profitability of their business in Delta State.