Statement | Mean | SD | Rank | |
1 | My firm has implemented an ERP system or its equivalents./Audited firms have implemented ERP system or its equivalents. | 3.87 | 0.824 | 11 |
2 | ERP system has good functions and features which serve corporate governance and satisfy firms’ needs. | 3.57 | 0.878 | 18 |
3 | ERP system improves the data accuracy and reduces the risk of duplicate information. | 3.91 | 0.803 | 9 |
4 | ERP system reflects the entire organization and successfully depict and integrate the data structures of the entire organization. | 3.96 | 0.751 | 7 |
5 | Successful ERP implementation reduces the time required to complete individual tasks and duties. | 4.13 | 0.741 | 2 |
6 | Successful ERP implementation improved the access to information and facilitate information availability. | 4.06 | 0.987 | 4 |
7 | Successful ERP implementation enhances information flow for internal managers and outside stakeholders. | 3.77 | 1.026 | 15 |
8 | Successful ERP implementation helped to bridge the information gaps between all users inside and outside the firm and reduce the conflicts. | 3.79 | 0.858 | 14 |
9 | ERP system in my firm/audited firms plays an important role to activate corporate governance. | 3.74 | 0.820 | 16 |
10 | ERP system in my firm/audited firms helped in controlling the business and achieving governance objectives. | 3.81 | 0.798 | 12 |
11 | ERP system reduces the entity’s costs. | 4.19 | 0.741 | 1 |
12 | The top management and audit committee are involved in the implementation of ERP. | 3.81 | 0.900 | 12 |
13 | The top management and audit committee involvement are important in the successful of implementation of ERP project. | 4.06 | 0.704 | 4 |
14 | ERP system supports audit committee and top management to improve firm’s performance through corporate governance. | 3.98 | 0.642 | 6 |
15 | ERP system emphasizes the significance of corporate governance practices and adherence to regulations to improve firm’s performance. | 3.94 | 0.673 | 8 |
16 | ERP system is efficiently and effectively providing management with a true picture of the risks the organization faces. | 3.74 | 0.736 | 16 |
17 | ERP system ensures that the critical information coming to the board complementary, accurate and timely in order to deliver high -quality decision- making. | 3.91 | 0.717 | 9 |
18 | The implementation of ERP system in my firm/audited firms was successful project. | 4.11 | 0.729 | 3 |
Average | 3.91 | 0.796 |
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