Business Continuity Plan in the COVID-19 Period and its Impact on the Quality of Accounting Information in Light of Risk Assessment and Management in Companies Listed on the Amman Stock Exchange

Abstract

The study aimed at assessing business continuity plan in the COVID-19 period and its impact on the quality of accounting information in light of risk assessment and management. The study population consisted of all companies listed on the Amman Stock Exchange (ASE), which numbered (178) in the year (2021). A random sample of (66) listed companies was selected, and it represents the population of the study. (425) questionnaires were distributed to survey the opinions of "information technology auditors"; those who work in these companies. (34%) of the retrieved questionnaires were analyzed. The study applied the descriptive approach and the deductive approach while being carried out where Path analysis with (AMOS), which is supported by (SPSS) was used to analyze the study data. The results of the study showed a positive impact of the business continuity plan (the effective policy of the business continuity plan, the business continuity plan team, documenting the business continuity plan, testing the business continuity plan, security of data, applications and devices) on the quality of accounting information. The results also showed a positive impact of the business continuity plan on the quality of accounting information in light of risk assessment
and risk management as mediating variables. Finally, the researchers recommend the continuity of updating, developing and improving the business continuity plan in all organizations, because of its importance on the quality of accounting information outputs.