The Accounting Information System of Freight Forwarding Business in Metro Manila

Abstract

The study intended to determine the level of effectiveness of the Accounting Information System (AIS) of the selected freight forwarding business in Metro Manila. A descriptive method of research was employed to the study in determining the effectiveness of AIS. Respondents were composed of 152 accounting and finance personnel of ten (10) selected freight forwarding business for the evaluation of the system. Based on the findings, the level of effectiveness of the AIS in terms of accuracy, comparability, completeness, efficiency, reliability, timeliness, and validity were effective. The study also noted several significant differences, the assessments of the respondents varies depending on the kind of accounting information system that the business were using. Further, educational attainment also has an effect on how respondents’ assessed the AIS. Researcher recommended that the freight forwarding business shall employ experienced individuals and IT accountants who will develop and update the modules and work flow of the system. Furthermore, Freight Forwarding shall consider purchasing user-friendly accounting information system that will eventually helped in improving work schedules and financial data management. Finally, researchers may include technical issues and aspects of the system and the possibility in accessing the AIS in the web.