ABSTRACT
Accounting information systems with their elements (people, procedures
and instructions, data, software, information technology infrastructure, and internal
control) are an essential factor in decision making in economic units, where the
use of accounting information systems and their fast development day after day have led to
a continuous and rapid change in the outputs of these systems, thus
contributing to the efficiency and effectiveness of the financial reports and
financial information contained therein, in terms of speed, objectivity,
detail, and suitability. Hence, what distinguishes this study is that the
accounting information systems have studied at the level of its six elements.
Thus, the objectives of this study are to clarify and determine the reality of
the use of accounting information systems at the level of these variables and
measure the impact of this use on the relevance of financial information in
Wahda bank. The results designate that there just three elements from
accounting information systems elements (namely People, Data, and Internal
Controls) impact positively on the relevance of financial information. Thus,
these three elements are the critical factors in explaining the effect on the
relevance of financial information in Wahda Bank—Benghazi, Libya. Therefore,
any increase in these elements will increase the relevance of financial
information. Therefore, the study suggested a set of recommendations, the most
important of which was to increase attention to accounting information systems
and to increase the concentration and awareness of the importance of
international accounting standards within Wahda bank.