The Ability of Accounting Information Systems to support Profitability and Growth (Industrial Sector-Jordan Companies)

Abstract

All organizations Seeking to achieve its strategic objectives in an effective and efficient in order to reach the main objective of any organization is profitability and growth and thus maximize the market value and increase the wealth of the owners and the various ways that can lead to improved performance and increase their profits under the age characterized by competition and technological development and knowledge to become data and information in the event they are used efficiently and effectively one of the most important assets of the company where the decision-making process using data and accurate information has become one of the most activities of the company importance and in order to reach sound decisions, whether operational or investment or financing short-or long-term than that would achieve the above mentioned objectives of the company. This study came to discuss the issue of financial growth and profitability in industrial companies contributes in the Hashemite Kingdom of Jordan using two indicators: return on equity, return on assets, as measures of the performance of companies on a regular basis. The two ratios were calculated each one according to mathematical equations that follow standards (FASB).The study found that the results were contrary to many previous studies in this framework, and therefore, the results of this study cannot be generalized, and therefore cannot say that the accounting information systems do not affect the performance of the companies, as the companies in Jordan continues to suffer from a lot of problems in the application of accounting systems.

Key words: AIS Accounting Information System, ROA Return on Assets, ROE Return on Equity, FASB, Profitability, Growth, Industrial Sector.