An empirical investigation of the adequacy of security controls of computerized accounting information systems (CAIS) in the listed companies in Zambia
Frank Munthali, Victor Muchemwa, William Phiri, Euphrasia Ng’andwe
The rapid development of IT, availability of user-friendly accounting software and the increased competition have forced companies to adapt CAIS in order to remain competitive whereas threats to CAIS are unavoidable in the dynamic environment. In this scenario, security controls of CAIS are vital to any organization. This study examined the existence and adequacy of implemented computerized accounting information system (CAIS) security controls to prevent, detect and correct security breaches in listed companies in Zambia. An empirical survey using a self-administered questionnaire was carried out to achieve the objective. The results of the study spotlight a number of inadequately implemented CAIS security controls and significant differences among listed companies regarding the adequacy of implemented CAIS security controls. Based on the findings, some recommendations are given to strengthen the breaches in the present CAIS security controls in the listed companies. Findings of this study will help accountants, auditors, managers, and IT users to better understand and secure their CAIS in order to achieve success of their visions.
Frank Munthali, Victor Muchemwa, William Phiri, Euphrasia Ng’andwe. An empirical investigation of the adequacy of security controls of computerized accounting information systems (CAIS) in the listed companies in Zambia. International Journal of Advanced Engineering and Technology, Volume 4, Issue 2, 2020, Pages 01-07