Publication Details
Issue: Vol 7, No 11 (2024)
Pages: 1073-1091
ISSN: 2576-5973

Abstract

The research aims to assess the actual impact of information technology applications in improving the efficiency, effectiveness and development of financial accounting processes in banks, as the researcher relied on the descriptive analytical approach and the formulation of a set of hypotheses was the most important statistically significant impact of the use of information technology applications on the development of financial accounting, which was statistically tested according to the statistical package (SPSS).As for the selected sample of bank workers, the researcher relied in collecting data on the questionnaire form, which consisted of 36 questions, which were divided into demographic data (4) questions, and objective data (32) questions, which were divided into two axes, the first axis dealt with information technology and consisted of five dimensions included each dimension (4) questions, and the second axis specialized in the development of financial accounting processes and be of three dimensions included each dimension (4) questions, and the researcher reached several conclusions, the most important of which was that the technology Information is an important tool to bridge the digital divide and facilitate the exchange of information at any time and anywhere and support knowledge sharing between members of business organizations and easy access to information and knowledge anywhere in the world at about the same moment, as for the recommendations, the most important of which was to raise the effectiveness and efficiency of information technology infrastructure in banks and provide them with modern devices and equipment necessary for digital transformation in the banking accounting business

Keywords
Information technology Financial Accounting Accounting Processes and IT Applications