Abstract:
Over the years, the business environments are increasingly becoming highly
integrated and more complex due to a sudden rise to the numerous business
functions and operations at the various work places. At the same time, the
management function is undoubtedly faced with the challenge of keeping track of
all the diverse organizational resources, numerous business activities, together
with monitoring the entire business processes and the huge order-turnover
processes. In light of the foregoing, this study explored the relationship between
Accounting Information Systems adoption and performance of Small Scale
Businesses in the Wa Municipality. Employing descriptive cross-sectional
research design, purposive sample of 96 were recruited for the study. The findings
revealed that services undertaken by the Small Scale Business men and women
were super market operation, table top trading, market trading, and boutique
services. Some challenges faced in seeking credit included their inability to meet
all requirements for financial assistance, untimely delivery of credit by financial
institutions and their inability to understand the terms and conditions of loans.
Consequently, it is recommended that financial institutions must reduce the
requirements needed to qualify someone for financial assistance as well as the
need for business men and women to employ qualified staff to manage their
accounting information systems. Also, financial institutions must be timely in
offering financial assistance to the business men and women.
