The Contribution of Infrastructure and Investment to Supporting the Adoption of Modern Accounting Systems in Libyan Companies: An Exploratory Study from the Perspective of Accounting Faculty Members at Libyan Universities.

Abstract

This study examined the contribution of technical infrastructure and investment to adopting modern accounting systems in Libyan companies from the perspective of accounting faculty members at Libyan universities. A descriptive-analytical approach was used, and data were collected through a questionnaire from 40 faculty members and analyzed using SPSS.
The findings showed that technical infrastructure and information technology investment were available at a moderate level, whereas awareness of the importance and benefits of modern accounting systems was high. Multiple regression analysis indicated that technical infrastructure and investment were statistically significant and explained 37.6% of the variance in adoption, with an F-value of 11.12 at a significance level of 0.000. Investment was the most influential variable, highlighting the need to allocate adequate financial resources for updating hardware and software, developing infrastructure, and training employees.
The results also revealed a potential implementation gap between respondents’ strong awareness of the benefits of modern accounting systems and their assessment of the technical, investment, and operational readiness of Libyan companies. The study recommended increasing investment in accounting technologies, regularly updating infrastructure, providing continuous training, strengthening university–industry collaboration, and establishing knowledge repositories to support accounting education and professional practice.