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