The Moderating Role of IFRSs Alignment on the Relationship between Modernization Influences and Effective Digital-Resources Accounting Information System

Abstract

This paper is set to examine the Moderating role of IFRSs Alignment on the Relationship between Modernization Influences and Effective Digital-Resources Accounting Information System. The data were collected from 55 entities, with a total of 381 respondents. Descriptive and partial least square path modelling were used for data analysis with the aid of SmartPLS3.0. It was found that the direct relationship between Technological Advancement (TA) and Currency Innovation (CI) was positive and significant with Digital-Resources Accounting Information System (DRAIS). The relationship between Economic Transformation (ET) and DRAIS was insignificant. The addition of the IFRSs alignment as a moderator has strengthened the relationship between currency Innovation and DRAIS. Furthermore, it does not moderate the relationship of both Technological Advancement as well as Economic Transformation with DRAIS. The findings imply that the IFRSs’ alignment plays a major role in provision of direction on the relationship between modernization influences with DRAIS. The IFRSs provide framework in preparing a wide and acceptable DRAIS. These findings highlight the importance of technological advancement and currency innovation in driving effective digital accounting systems, while also underscoring the need for IFRSs alignment to strengthen the impact of modernization efforts, particularly in the context of currency innovation.