THE INFLUENCE OF ACCOUNTING SOFTWARE IN ACHIEVING THE INTERNATIONALACCOUNTING STANDARD BOARDS QUALITATIVE CHARACTERISTICS OF FINANCIAL INFORMATION

Purpose:Financial reporting quality and interpretation is instrumental in the provision of stewardship and complaiance with applicable standards and regulations. Therefore, the main purpose of this study was to ascertain the influence of accounting software in the achievement of the InternationalAccounting Standard Boards (IASB) Qualitative Characteristics of Financial Information. It provides empirical evidence from public universities in Northern Ghana. Research methodology:The study used quantitative method. Data gathered through questionnaire from a sample of one hundred and twentypublic universities staff, who use accounting software in the processing of financial statements. Statistical package for social science (SPSS) 16.0used for the data analysis. Results:The findings concluded thatfour variablesnamel: efficiency, ease of use, data quality, and accuracy have significant influence on IASBs qualitative charactericticsof financial information, while reliability have no influence on IASBs qualitative characterictics of financial information. The regression result confirmed that, on aggregate, accounting software have significant impact on IASBs qualitative characterictics of financial information. Limitations: The study limited by the study useof few characteristics of accounting software namely efficiency, reliability, ease of use, data quality, and accuracy and a limited number of public universities. Future research would be interested in using wider characteristics of accounting software and wider number of universities. Contribution:The findings in this study are expected to help management to invest more in technological financial tools and accounting software that can help them to fulfill their responsibility of preparation and fair presentation of financial statements to for efficient operation, financial managemt and comply with applicable frameworks, regulations, and standards.