The Applicability of AIS Practices within Modern Business Environment – Case Study of Amman Stock Exchange

Abstract

Current study aimed at examining the applicability of Accounting Information Systems within modern business environment in Amman stock exchange between the variables of Software (Industrial application structure, Business application structure, Cloud computing structure) and Hardware (Stand-alone structure design, Multi-user structure design, Network structure design, Cloud computing structure design). In order to be able to highlight extent of applicability researcher has chosen quantitative approach through applying the study tool (questionnaire) on accounting managers within (102) companies in Amman Stock Exchange. After application process total of (65) accounting managers responded to questionnaire with a response rate of 63.72% which was statistically acceptable. Results of study indicated a high level of applicability of AIS within Amman Stock Exchange companies attributed to high awareness of accounting managers regarding AIS. In addition to that, it appeared through the analysis that the applicability degree is more influenced by software equipment more than the hardware which explains that high awareness of individuals.  In light of such results; study recommends companies in Amman stock exchange should continue embracing AISs in their business practices to increase their speed of processing tasks, use data entered into the system to compile reports, and make correction easily where necessary.