The effect of the quality of accounting information system on the efficiency of financial and investment markets

This review focuses on the impact of accounting information system quality on the efficiency of financial and investment markets. We will show evidence of the impact of the accounting information system on the decision making of financial investors. Accounting information systems are designed and implemented based on accepted accounting standards, and users of this information must update themselves with accounting standards. In financial markets such as the stock exchange market where stocks are traded, the stock price reflects the accounting information system related to the traded goods and stocks; as a result, the accounting information will show its quality over time. A lot of research has been done in the field of accounting.