Abstract
the primary aim of this study is to
check the effectiveness and efficiency of financial control in computerized
environment i.e. First Bank of Nigeria Plc to ascertain whether computer has
since adoption enhance profitability and effectiveness in managing the banking
and other financial sectors or industries. This evaluation is targeted at
exploring how the use of computer in the solving of accounting issues has
yielded positive result in both the banking and other finance circle, thus
using First Bank of Nigeria plc as a case study.
TABLE OF CONTENT
Title
page
i
Approval
page
ii
Declaration
iii
Dedication
iv
Acknowledgement
v
Abstract
viii
Table of
content
ix
CHAPTER ONE: (1)
INTRODUCTION
- Background
of the study 1
- Statement
of the problem 2
- Objectives
of the study 4
- Significance
of the study 4
- Statement
of hypothesis 5
- Scope
and limitation of the study 6
- Historical
background of First Bank of
Nigeria
Plc.
7
- Definitions
of terms 10
CHAPTER TWO: (2)
LITERATURE REVIEW
- Introduction
14
- What
is computer 15
2.2.1
How does the computer
works
16
2.2.2
Basic element of the
computer
18
2.3 Accounting
system
20
2.4 Computerized
Accounting
System
21
2.4.1
Advantages of Computerized
Accounting
System
23
2.4.2
Disadvantages of Computerized
Accounting Systems
24
- Limitation
of computerized
Accounting
System
26
CHAPTER THREE
RESEARCH METHODOLOGY
- Introduction
28
- Population
and sample size 29
- Sampling
techniques 30
- Sources
and method of data collection
32
- Method
of data collection 33
- Method
of data analysis 36
- Justification
for the choice 37
CHAPETER FOUR
DATA PRESENTATION, ANALYSIS AND
INTERPRETATION
- Introduction
38
- Computerized
accounting system and its application in First Bank of Nigeria Plc.
38
- Functional
financial effectiveness in a computerized accounting
system
42
- Limitation
of financial effectiveness in a computerized accounting system in First
Bank of Nigeria Plc. 46
- Data
presentation and analysis 47
- Interpretation
of data 52
- Hypothesis
testing 54
CHAPTER FIVE
SUMMARY CONCLUSION AND RECOMMENDATION
- Summary
57
- Conclusion
58
- Limitation
of the study 60
- Recommendations
62
Bibliography
64
Appendix
66
CHAPTER ONE
INTRODUCTION
- BACKGROUND
OF THE STUDY
In the ancient days, human activities
were relatively easy. The difficulties posed by nature then, were considerably
simple and demanded solution of relative simplicity.
The compounded problems of man and his
way to solve them necessitated the inventors of machine i.e. computer. Since
the invention of the first machine, the world has experienced a tremendous
degree of advancement in technology and one for the machine invented for
solving complicated problems in the computer.
With increasing frequency, it is
recognized that an understanding of the computer how it influence accounting
operations and it is benefits to every accounting student and intend to work
this world of advancing technology cannot be over emphasized.
Due to the recent intends in
accounting operations and the complexity of these operations with the number of
task to be performed constantly on the increase, to day’s accountants are left
with no option other than to always device ways by which these increasing tasks
could be processed, more speedily and accurately so that there will be no loss
of information.
With the advent of computer many
organizations have computerized their accounting system. An example for such
organization with computerized accounting system is First Bank of Nigeria Plc.
- STATEMENTOF
THE PROBLEM
The computer is known for its speed
and accuracy in processing information, such speed and accuracy have been
achieved manually or by any other device.
It is expected that a computerized
baking system will facilitate the speed and accuracy of processing transaction
of financial nature and also reduces customer wasting time.
This has been achieved by virtue of
technology, other countries where customers service and general financial
management have been computerized whether it can be established is yet to be
confirmed.
The fact of the matter which the
researcher intends to study is:
- Of
what relevance is computerization accounting system.
- Has
there been a tremendous change in financial management and the entire
system, since the establishment of computerization accounting
system.
- Though
benefits are abound, could there be limitation of computerization an
organization accounting system? What could be done to change the present
situation.
- Whether
the computerization has improved the level of fraud and other
misappropriation of fund in the organization.
- OBJECTIVE
OF THE STUDY
The need to minimized fraud and
improve service to customers is one of the primary important today, due to the
increasing number of new generation banks therefore, the main objectives of
this study is to asses:
- The
effectiveness of financial control in a computerized environment
- Whether
computerization has minimized the level of fraud and error in banking
sectors.
- Whether
computerization has improved the profitability performance of the
organization.
- Whether
it has increase speed in attending to customers needs and finally, effort
will be made to recommend feasible banking organization.
SIGNIFICANCE OF THE STUDY
In spite of numerous decrees,
enactment and there have been increase in the number of reported case of all
kinds of misappropriation of customers funds and properties in the public
sectors. And this study will bring enlightenment and be of great benefit to the
entire country at large, and the significance is as follows:
- The
computer will be serve as an eye opener for organizations both private and
public sectors, who have the intention of computerizing its accounting
system, but yet to know the benefits attached to it.
- Through
this study, useful suggestion will be given out to the management on how
to improve in their financial report.
- Performance
of financial management and accountability with the view of improving it
in future will be assessed that can be of benefit to the government and
will serve as springboard for future used.
TOPIC: EVALUATION OF EFFECTIVE FINANCIAL MANAGEMENT IN A COMPUTERIZED ACCOUNTING SYSTEM
Chapters: 1 - 5
Delivery: Email
Delivery: Email
Number of Pages: 55
Price: 3000 NGN
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