The Role of Computerized Accounting Information in Product Pricing and Cost Measurement in Jordanian Industrial Corporations

Abstract

The study aims to identify the role of accounting information systems applied in measuring costs and pricing of industrial products, and learn about the impact of the role of the successful pricing strategies employed in Jordanian Industrial Corporations.

This study shows the impact of accounting systems in Jordanian industrial companies over pricing mechanisms and strategies of industrial products and measuring production costs which, in addition to identifying the most important benefits information from use of these systems, and to take the right decisions in industrial product pricing to win highly competitive industrial companies and enable them to ascend and achieve higher profitability. this study defined that The accounting system helps determine the cost of inventory by linking the procurement system with the accounting system to give the average cost in addition to the purchase price at the beginning of the year and the end of the purchase price of this helps to compare the increase in purchase prices , Pricing of industrial products in industrial companies through accounting information systems preclude an extra cost ,and Many industrial companies on accounting information systems in pricing their products heavily industrial. This study arrive to the following recommendations : The Jordanian industrial companies that have accounting information system is to contribute to the process of communication between the different departments and with the public, facilitating the planning process for cost elements , The Jordanian industrial companies that have accounting information system is to provide information capable of correcting past events , and The Jordanian industrial companies that have accounting information system is to provide information about the size of standard expenses and compare them with the actual resulting censored.