Description
INTRODUCTION
Background of the Study 1
Statement of the Problem 4
Objective of the Study 4
Research Questions 5
Hypotheses of the Study 6
Significance of the Study 7
Scope and Limitation of the Study 8
Definition of Terms 9
CHAPTER TWO:
REVIEW OF RELATED LITERATURE
Conceptual Framework 10
What is Accounting System? 15
Methods for Computerization in Accounting 17
Types and Principles of Computerized
Accounting System 20
What Is computer and Computer Trends 26
Types and Why We Use Computer System 28
Accounting Packages. 37
Application of Computer in Accounting System29
Merits and Demerits of Computerized
Accounting System and its Differences
with Manual Accounting System 41
Problems and Control of Computerized
Accounting System 49
The Effect of Computerized Accounting System
on the performance of Banking Industry in
Nigeria 47
A Brief History Origin of Banking under study 49
CHAPTER THREE:
RESEARCH DESIGN AND METHODOLOGY
Research Design 52
Sources of Data 53
Research Instrument 55
Reliability/Validity of Research Instrument 55
Population of the Study 56
Sample Size/Technique 57
Administration of Research Instrument 61
Method of Data Analysis 61
Decision Criterion for Validation of Hypothesis 62
CHAPTER FOUR:
DATA PRESENTATION AND ANALYSIS
Presentation of Data 63
Testing of Hypotheses 80
CHAPTER FIVE:
SUMMARY OF FINDINGS, CONCLUSION
AND RECOMMENDATIONS
Summary of Findings 93
Conclusion 95
Recommendations 96
Bibliography 100
Appendix I -Request for Supply of Information 102
Appendix II – Questionnaire 103
LIST OF TABLES
TABLE 4.1.0 – To what extent is the operations of your
bank computerized. 70
TABLE 4.1.1 – Does your bank have a specific computer
(Data base) department/ section unit? 71
TABLE 4.1.2 – Does computerization aid quick customer
service decision making process
and accountability in your bank? 72
TABLE 4.1.3 – Computerized accounting system is an
effective means of keeping proper
accounting records. 73
Table 4.1.4 – Computerized Accounting system help to
gain inherent advantage while minimizing
risks involved in the daily banking
operations 74
Table 4.1.5 – There is a relationship between the application
of the computer and manual system in
the accounting system of the baking
industry. 75
TABLE 4.1.6 – The effect of computerized accounting
system enhances higher turnover
and profitability in banks. 76
TABLE 4.1.7- There is co-ordination and quality performance
in banking operations through the use of
computerized accounting system. 77
TABLE 4.1.8- There is an effect of using computer
to keep accounting records. 78
Table 4.1.9 – Computerized accounting system aids
in the examination of banks statements of
financial position to ensure agreement with
source documents. 79
CHAPTER ONE
INTRODUCTION
BACKGROUND OF THE STUDY
Today’s modern technology brought into use the computer,
this technology is the application of science to gathering,
recording, processing and communicating of business information
by means of electronic media. Most commonest tool for
application is the computer and it involves all the transaction
processing system management information system various
business support system etc. The computer is a central force in
the advancement of various organization. The historical
development of computer started with Hollerith punched card of
1880,Goerge Alken calculator and Charles Babbage’ creation of
the difference engine.
The computer can be defined as a tool or device which is
able to accept facts (data) and figure in a prescribed form, apply
prescribed processes to data and supply result of the processes
in a specified format as a meaningful information. There are also
different types of information depending on the make or type of
their functions. The revolution in technology to the computer
complements or in the other hand, substitute for ten elements
which are: – paper, personal memos, charts, reports, calculators,
terminals letter.
Hartzell (2006) defines computer as an electronic machine
for processing information automatically and very quickly. The
important of computers is the ability to handle vast amount of
information and to do other processes with accuracy and speed
which cannot be manually undertaken have been recognized and
appreciated by financial institutions, hence the trend in the
computerized of banking operations.
Tanembaum (2010) sees computer as a machine that can
solve problems for people by carrying out instructions given to it.
The American Accounting Association defines accounting as the
process of identifying, measuring and communicating economic
information to permit informed judgement and decision by users
of the information. Accounting is also the establishment,
maintenance, collection and analysis of financial position of an
organization and any changes that have occurred or may occur
overtime.
Omolehinwe (2009) defines accounting as the collection
and recording of financial data about an organization whether in
the private or in the public sector and analyzing the data so
collected to suit the decision that needs to be taken and reporting
the relevant information in a summary form to the user in a form
that is meaningful to him or her.
Chionye (2003) defines accounting system as the art of
identifying, recording, classifying measuring and interpreting in a
significant manner the financial transaction of an organization for
decision making. Summarizing from time to time the information
contained in the record, for its significant presentation and
interpretation to interested parties as an aid to decision making.
Accounting system is also defined as a consistent way of
organizing, recording, summarizing and reporting financial
transactions.
Computerization is the