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Accounting Packages and Quality of Firms Financial Report: the Sage Pastel Evolution Paradigm

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Abstract

The study examines the relationship between accounting packages and quality of firms financial statement in Nigeria 2018. The study employed a descriptive/survey research design which copies of questionnaire were issued to SMEs within Abia State to collect data for analysis. Spearman’s Rho Correlation was employed to ascertain the relationship between accounting packages and quality of firms’ financial reports. Findings from the study revealed that accounting packages have a significant relationship and effect on the quality of firms’ financial reports. Furthermore, Sage pastel evolution is the most preferred choice of accounting package among other modern accounting packages as a result of its business utility features and functions. Thereby it is recommended that firms should adopt the use of modern accounting packages (Sage Evolution) as a means improve their business performance and quality financial reporting.


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