Effect of information systems and accounting softwares on transparency of financial statement information (FSI)

Abstract

Anyone who wants to make a right decision needs information. This information has a very strong effect in financial market where managers and stock holders rely on this information in order to make important decisions. Usually a large amount of information not only can not help decision makers, but also make them confused and nervous. Information systems can be helpful to solve this problem.In this paper we examine if information systems and accounting soft wares effect the financial statement transparency. To do so, we asked 86 brokers from 110 brokerage active in Tehran Stock Exchange. Analyzing the results comes from the questionnaires shows that the information systems and accounting soft wares have a significant effect on three main characteristics of financial statement transparency which are being relative, reliability and comparability.