Exploring the Nexus: Computerized Accounting Systems, Firm Characteristics, and Financial Performance in Ghanaian SMEs

Purpose: The goal of this study is to understand better the complex interactions between CAS, firm characteristics, and financial performance in Ghanaian SMEs. It hopes that by investigating this nexus, it will gain a useful understanding of factors that impact success and sustainability of the SMEs.Design/Methodology/Approach: This study takes a quantitative approach with a sample size of 305 Ghanaian SMEs. This study collects data on CAS, firm characteristics, and financial performance through surveys, and then uses statistical analyses to uncover relationships and patterns in the dataset.Findings: In Ghanaian SMEs, there were significant positive correlations between Computerized accounting system adoption, firm characteristics, and financial performance. In the context of this study, this suggests that technological integration and strategic firm attributes improve financial outcomes.Conclusion: This study emphasises the role of CAS and firm characteristics in determining financial performance of Ghanaian SMEs. Positive associations revealed the significance of strategic technological adoption and organisational characteristics for long-term success.Originality/Value: This study contributes significantly by providing detailed insights into the interconnected dynamics of CAS, firm characteristics, and financial performance in Ghanaian SMEs. The findings have significant implications for academia, practitioners, and policymakers, contributing to a better understanding of the factors that influence SME success.