Select Currency
Translate this page

THE EFFECTS OF INFORMATION AND COMMUNICATION TECHNOLOGY (ICT) ON ACCOUNTING SYSTEM. (A CASE STUDY OF ACCESS BANK PLC)

Format: MS WORD  |  Chapter: 1-5  |  Pages: 58  |  1606 Users found this project useful  |  Price NGN5,000

  DOWNLOAD THE FULL PROJECT

CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
Information and communication technology is important for the survival of any organization most especially in accounting profession. This is why the entire world now turned to technology to provide solution to economic and other identified problems. Information involves data processing system. It is the output of any data that has been assembled into a useful form, interpreted, understood by and useful to the recipient of the report. Communication can be said to be the process through which information is passed within an organization. Accounting is often said to be language of business, it is used in the business world to describe the transactions entered into by all kinds of organizations. Accounting terms and ideas are therefore used by people associated with business; we speak of liabilities, inventory, assets, cost, expenses, capital and profit to mention a few. Accounting is the process of recording, strong, classifying, summarizing and interpreting day to day business transaction. Accounting applications were among the first commercial used computer. It was their importance in the accounting operation that caused data processing department in an organization to be initially responsible for accounting and financial management through data processing department which are concerned with more than just accounting. As a result, organization now used accounting programs rather than any single type of program. Report should be prepared and information delivered to individuals and agencies outsides the organization. For this reason, virtually everyone associated with management of business must have at least a rudimentary knowledge of business accounting. These include: accountants, managers and other clerical and supportive staff. Thus, it goes without mentioning that those who use communication and information technology (lCT) must have the knowledge of accounting process in order to maximize ICT effectiveness.
HISTORICAL BACKGROUND OF ACCESS BANK PLC
Access bank PIc came into existence in March 1989 as a product of the partnership between some visionary and dynamic Nigerian business men, to provide innovative and customer focus products and services that will satisfy the public growing needs for sophisticated banking service since its inception, a wide array of products and services covering investment banking, retail and fund management. The bank is managed by some set of dynamic, versatile and result oriented team and easily won national claim by emerging as the most profitable merchant bank just after five years after it take-off. Over the years, the bank has grown to symbolize innovation service excellence and professionalize with a diversified group structure spanning the various areas of the financial service business. Access bank Plc has made substantial investment in information technology with all its branches effectively linked with one another and to the head Office through the Very Small Aperture Terminal (VSAT), which enhance on line real time capabilities. This has made banking easy for the banks teeming customer across the country. It obtains commercial bank in July 1999 and later obtained a universal banking license to avail many more business as regards customers of its unique products and services as well as tap into other market opportunities in other Nigeria economy. Following a resolution of the board in October 2001, the bank changed to a public limited company in June 2002 and followed it up with Initial Public Offering (IPO) in July same year. The capitalization of the bank was further boosted with N3.58 billion being proceed from the IPO and by mid-2004 the bank share holder fund had grown to NI0 billion before the new minimum capital base of N25 billion was set by the regulators. 
Consequently the bank returned to the capital market and raised new fund of staling N22.4 billion thereby grown its shareholders fund to N34.7 billion. The bank shares are listed on the Nigeria stock exchange (NSE). Since its debut in the commercial banking field, Access Bank Pic has pursued aggressive branch network expansion programme. It offers a full range of customers product covering a wide spectrum of the market and these include the Access Diamond Fund (lDF) Access valuable yield accounts (IVY) Access
premium saving account (IPSA) to mention but few. The bank is a direct agent for western union money transfer and partner of master card. As socially responsible organization, it has maintained a long standing policy of corporate responsibility to communities in which it operates and has made impact in the areas of public health and education.
1.2 STATEMENT OF PROBLEMS 
The advent of information and communication technology (lCT) has great influence on accounting system as well as the profession. The management aim of ensuring accuracy, validity and reliability of accounting records cannot be so much obtained if mechanized system is not in used especially in the case of organization with large Multinational networks. The problems of inadequate and incomplete records resulting from frauds and other irregularities not discovered that would have enhance proper planning and effective decision making coupled with inability of a mutual system to meet up with the level of organization's expansion (in a very large establishment). Hence, the effects of information and communication technology shall be examined in this study irrespective of the above problems Hence, relevance of information and communication technology to accounting profession shall be thoroughly examined in this study in respect of the above problems.
1.3 RESEARCH QUESTIONS
The main research questions to be addressed in the course of the study are:- 
1. What is the relevance of ICT to accounting profession?
2. Does ICT assist organization in decision making?
3. How can organization use ICT to bring out efficiency and effectiveness?
4. Is there any relationship between ICT and accounting profession?
5. Can accounting profession survive without ICT?
6. What are the I CT packages used in accounting
7. Can any organization achieve its goal without ICT?
1.4 SCOPE AND LIMITATION OF STUDY 
The scope of the research work is limited to the analysis of the effects of information and communication technology an accounting system. The period to be covered by the analysis will be limited to the available information which is constrained by the availability of finance, transportation, time, secretariat barrier as well as relevant information. 
1.5 PURPOSE OF STUDY 
This study is primary directed towards the effectiveness and relevance of information and communication technology (lCT) on accounting system since majority of accounting entries now has software. It aims to explore have information and communication technology (lCT) have changed many aspects of accounting and financial reporting as well as the extent to which (ICT) has offer new and exciting opportunities to accounting professionals.
1.6 SIGNIFICANCE OF STUDY 
Information and communication technology IS a crucial thing to accounting profession which cannot be taken with levity. It possesses a great advantage on the profession and the entire world. Therefore, the assessment of its effects to accounting system is essential for the following reasons:
1. To enhance management appraisal of operation and performance through the use of computer for accounting packages.
2. To appraise the level of organization growth through the information collated and saved on the computer.
3. To assess the relevance of let to organization decision making. 
4. To assess the impact of let on auditing practice and other accounting services 
5. To assess the effect of technological change on accountant personal quality.
1. 7 HYPOTHESIS
Ho: ICT does not assist organization in decision making
Hi: ICT assists organization in decision making
Ho: There is no relationship between let and accounting profession
Hi: There is relationship between ICT and accounting profession
Ho: let does not influence effectiveness and efficiency within an organization. 
HI: ICT influence effectiveness and efficiency within an organization. 
1.8 DEFINITION OF TERMS
COMPUTER: This is an electronic device which is capable of solving complex problem quickly and accurately.
HARDWARE: These are actual physical components that constitute a computer
INTERNENT: This is a global heterogeneous network of computer system that share a common protocol 
SYSTEM: This is an assembly of part where the part or components are connected together in an organized way. 
E-GOVERNMENT: This is a situation where the government agencies, parastatals and ministries are connected online and are accessible through internet.
E-UNIVERSITIES: Universities In the country and various countries of the world are new on internet providing and coaching to students.
E-BUSINESS: This is a situation where business transactions are conducted on internet. It thrives on reliable technology and good business practice 
INTERNET: it means an international computer network made up of numerous networks. It is a large network of computer pooled together by miles of cables
INTRANET: It is a private network which belongs to an organization that uses internet protocol. It can only be accessible by members of the organization.

  DOWNLOAD THE FULL PROJECT

THE EFFECTS OF INFORMATION AND COMMUNICATION TECHNOLOGY (ICT) ON ACCOUNTING SYSTEM. (A CASE STUDY OF ACCESS BANK PLC)

Not The Topic You Are Looking For?



For Quick Help Chat with Us Now!

+234 813 292 6373

+233 55 397 8005


HOW TO GET THE COMPLETE PROJECT ON THE EFFECTS OF INFORMATION AND COMMUNICATION TECHNOLOGY (ICT) ON ACCOUNTING SYSTEM. (A CASE STUDY OF ACCESS BANK PLC) INSTANTLY

  • Click on the Download Button above.
  • Select any option to get the complete project immediately.
  • Chat with Our Instant Help Desk on +234 813 292 6373 for further assistance.
  • All projects on our website are well researched by professionals with high level of professionalism.

Here's what our amazing customers are saying

Musa From Ahmadu Bello University
Thank you iprojectmaster for saving my life, please keep it up and may God continue to bless you people.
Excellent
Adam Alhassan Yakubu
UDS
Excellent work and delivery , I promise to share my testimonies everyone in need of this kind of work. You're the best
Excellent
Dau Mohammed Kabiru
Kaduna State College of Education Gidan Waya
This is my first time..Your service is superb. But because I was pressed for time, I became jittery when I did not receive feedbackd. I will do more business with you and I will recommend you to my friends. Thank you.
Very Good
Abraham Ogbanje
NATIONAL OPEN UNIVERSITY OF NIGERIA
At first I was afraid.. But I discovered they are legit. I will bring more patronize
Very Good
Emmanuel Essential
Kogi state University
I actually took the risk,you know first time stuff But i was suprised i received as requested. I love you guys 🌟 🌟 🌟 🌟
Very Good
Oluchi From Michael Opara University
If you are a student and you have not used iprojectmaster materials, you are missing big time! iprojectmaster is the BEST
Excellent
Joseph M. Yohanna
Thanks a lot, am really grateful and will surely tell my friends about your website.
Excellent
Samuel From Ajayi Crowther University
You guys just made life easier for students. Thanks alot iprojectmaster.com
Excellent
Stancy M
Abia State University, Uturu
I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much iprojectmaster, infact, I owe my graduating well today to you guys...
Excellent
Ibrahim Muhammad Muhammad
Usmanu danfodiyo university, sokoto
It's a site that give researcher student's to gain access work,easier,affordable and understandable. I appreciate the iproject master teams for making my project work fast and available .I will surely,recommend this site to my friends.thanks a lot..!
Excellent

FREQUENTLY ASKED QUESTIONS

How do I get this complete project on THE EFFECTS OF INFORMATION AND COMMUNICATION TECHNOLOGY (ICT) ON ACCOUNTING SYSTEM. (A CASE STUDY OF ACCESS BANK PLC)?

Simply click on the Download button above and follow the procedure stated.

I have a fresh topic that is not on your website. How do I go about it?

How fast can I get this complete project on THE EFFECTS OF INFORMATION AND COMMUNICATION TECHNOLOGY (ICT) ON ACCOUNTING SYSTEM. (A CASE STUDY OF ACCESS BANK PLC)?

Within 15 minutes if you want this exact project topic without adjustment

Is it a complete research project or just materials?

It is a Complete Research Project i.e Chapters 1-5, Abstract, Table of Contents, Full References, Questionnaires / Secondary Data

What if I want to change the case study for THE EFFECTS OF INFORMATION AND COMMUNICATION TECHNOLOGY (ICT) ON ACCOUNTING SYSTEM. (A CASE STUDY OF ACCESS BANK PLC), What do i do?

Chat with Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

How will I get my complete project?

Your Complete Project Material will be sent to your Email Address in Ms Word document format

Can I get my Complete Project through WhatsApp?

Yes! We can send your Complete Research Project to your WhatsApp Number

What if my Project Supervisor made some changes to a topic i picked from your website?

Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

Do you assist students with Assignment and Project Proposal?

Yes! Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

What if i do not have any project topic idea at all?

Smiles! We've Got You Covered. Chat with us on WhatsApp Now to Get Instant Help: +234 813 292 6373

How can i trust this site?

We are well aware of fraudulent activities that have been happening on the internet. It is regrettable, but hopefully declining. However, we wish to reinstate to our esteemed clients that we are genuine and duly registered with the Corporate Affairs Commission as "PRIMEDGE TECHNOLOGY". This site runs on Secure Sockets Layer (SSL), therefore all transactions on this site are HIGHLY secure and safe!