The extent of use of information and communication technology (ICT) on accounting practices: a case of selected public institutions in Tanzania

This study assessed the impact of the adoption of Information and Communication Technology (ICT) in accounting practices in the selected public Ministries, Departments, and Agencies (MDAs) in Tanzania. The data were collected using a structured questionnaire, which was self-administered by the respondents. Frequencies together with corresponding percentages were generated. Moreover, correlation analysis of some continuous variables of particular focus in the study was carried in order to ascertain the magnitude of association between them. The findings indicate that most of the MDAs have adopted ICT in accounting practices. The findings indicate further that the adoption of ICT in accounting practices has both positive and negative impacts. The positive impacts, include, simplification of accounting tasks, timely preparation of financial reports and accuracy of financial reporting. On the other hand, the negative impacts, include, risk of fraud and requirement of additional training for users and additional costs for purchase of equipment. Based on the findings, the study concludes that use of ICT in accounting practices is paramount in all public MDAs. In order to minimize the negative impacts such as the risk of fraud, efficient mechanisms are needed. This will ensure that any fraudulent attempts are prevented.