The Impact of Electronic Accounting Information Systems on Improving the Timing of Financial Statement Preparation and the Accuracy of Profit Measurement: A Case Study of United Investment Bank for the Period 2020–2024

The purpose of this study is to examine how electronic accounting information systems enhance profit assessment accuracy and financial statement preparation timing from 2020 to 2024 at United Investment Bank. This is important because there is a growing amount of financial data as well as rapidly advancing technology, which requires accurate and timely financial information to make banking decisions. In this study, we used a descriptive-analytical and applied research methodology; data were collected using questionnaires and field interviews from employees in both the IT and finance departments at the bank, along with financial data for the period of the study, and the hypotheses were tested using appropriate statistical methods (correlation coefficients and linear regression analysis). The findings showed that electronic accounting information systems had a statistically significant positive effect on the time to prepare financial statements and significantly increased the accuracy in measuring profit. They also found that factors such as the quality of databases, system integration, and human resources efficiency are related to the efficiency of the system. The results indicate that more resources should be allocated for the development of electronic accounting information systems and for training employees in order to enhance both the timeliness and accuracy of financial reports, thereby increasing the confidence of investors and decision-makers in the bank's financial data.