THE IMPACT OF COMPUTER SYSTEM ON ACCOUNTING AND AUDITING (A CRITICAL REVIEW)

Format: MS WORD | Chapter: 1-5 | Pages: 78 | 1034 Users found this project useful | Price NGN5,000

THE IMPACT OF COMPUTER SYSTEM ON ACCOUNTING AND AUDITING (A CRITICAL REVIEW)

CHAPTER ONE

INTRODUCTION

1.1 BACKGROUND OF STUDY

Accounting is the art of measuring, communicating and interpreting financial activity. Everybody works with accounting concepts and information in their daily activities whether preparing a household budget, balancing check book, preparing income tax return or running on association or an organization. Accounting, too, is a means of social communication in which changes and improvements are continually being made in order to communicate business information on more efficiently. That is as society has be come increasingly interested in measuring the profitability of business organizations, accounting concepts and technies hence been changing to make such measurements more meaningful and more reliable. The purpose of accounting is to provide financial information about an economic entity, in order to provide useful financial information about a business enterprise. The basic function of an accounting system is to create a systematic record of the everyday business transaction in terms of moving. Published financial statements or reports have meaning to uses of accounting information is so far as an independent audit has given an unqualified report quit. Ti perform this, the auditor makes a careful study of the accounting system and gathers evidence both form within the business and form the outside sources. This evidence enables the independent audition to express his professional opinion as to the fairness and reliability of the financial statement. Since auditing complements accounting, the quality of the information deduced from the accounting procedural methods is being checked from time to time by auditing. Auditing is an independent examination of the books of accounts and source document of a business to enable the auditor satisfy himself whether the accounts so prepared exhibit a true and fair view of the financial position of the entity according to the best of the information and explanations of which he can avail himself and whether such statements conform to the necessary legal provisions.

1.2 STATEMENT OF THE PROBLEM

The introduction of computer has not really made accounting job to become easier and quicker to perform. Another problem is, the computer operations has not been utilized in an organization by accountants. In some cases, the computer has not really reduced or added to the work load of an accountant in an organization. In general the accountants find it difficult to make sure that data submitted for decision –making process in adequate and timely as well as accurate.

1.3 PURPOSE OF THE STUDY

The following objective were formulated by the researcher areas follows:

- To identify problems in changing from manual accounting process to a computer based accounting.

To find out the difference between the manual and the computerized accounting system.

To discuss the types of computer relevant for accounting purposes.

To find out the introduction of computer in accounting system in this country.

1.4 SCOPE OF THE STUDY

The scope of this study shall be restricted to only one type of computer which is the digital computer.

1.5 RESEARCH QUESTIONS

The following research questions were formulated by the researcher:

What are the responses of accountants in this country to introduction of computer in accounting system?

What are the problems encountered in the process of changing from manual accounting process to a computer based accounting?

What are the difference between the manual and computerized accounting system.

What are the problems encountered by auditors when auditing in a computerized environment?

What types of computer is relevant for accounting purposes?

1.6 SIGNIFICANCE OF THE STUDY

The main significant of this research work is in the following ways:

It will help the accountants to familiarize themselves with the uses and operations of computer.

It examines how accountants are taking the challenges posed to them by the introduction of computer.

The study will also help readers of this project to have a useful idea of computerized accounting system and recommend areas for further research in the field of computer as related to accountancy.

It will help the accountant to advice their client or employer on the use of computer, because of this, an accountant must have a good knowledge of computer and its operations.

1.7 LIMITATION OF STUDY

A study of this nature shall be limited to two specialized areas of accountancy Financial Accounting and Auditing . Financial accounting involves a lot of historical and transaction record-keeping while auditing involves the examination of these records which are kept either manually or in computer system.

1.8 DEFINITIONS OF TERMS

some of the technical terms that would be used on the study are explained below:

ACCESS TIME: The internal nature taken to communicate with the memory of the digital computer.

BINARY DIGIT: A digit in the binary scale of notation; it is either O or I. APPLICATION: A program (or suite of programs)

PROGRAM/SYSTEM: which process data for a particular business function. HARDWARE: Any electric, electronic or mechanic equipment in an EDD installation.

DOWNLOAD THE COMPLETE PROJECT

Project information

Project Price

NGN5,000
Number of Pages

78
Number of Chapters

1-5
Additional Content

Abstract,table of content and questionnaire

THE IMPACT OF COMPUTER SYSTEM ON ACCOUNTING AND AUDITING (A CRITICAL REVIEW)

Not The Topic You Are Looking For?

For Quick Help Chat with Us Now!

+234 813 292 6373

+233 55 397 8005

Search for your project topic

HOW TO GET THE COMPLETE PROJECT ON THE IMPACT OF COMPUTER SYSTEM ON ACCOUNTING AND AUDITING (A CRITICAL REVIEW) 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

Abdulrahman Jibrin

Nti Abaji

Nice one work prompt delivery tanx

Very Good

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

Peace From Unilag

I cried not knowing how to go about my project but the day i searched online and saw iprojectmaster, i called and got my full project in less than 15minutes, i was shocked!

Excellent

Samuel From Ajayi Crowther University

You guys just made life easier for students. Thanks alot iprojectmaster.com

Excellent

Abdul Mateen Iddrisu

UDS

At first I taught is a site full of fraudsters until I saw my project in my Gmail after my payment.. THANK YOU IPROJECTMASTER and May God the almighty bless u guys abundantly

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

Abubakar Iliyasu Hashim

Federal college of education pankshin affiliated to university of jos

I am highly impressed with your unquantifiable efforts for the leaners, more grace to your elbow.I will inform my colleagues about your website.

Very Good

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

Abdulrazak Bello Marsha

Usman Dan fodio University

It was quite a better guide for project and paper presentation purpoting. Many thanks.

Average

Uduak From Uniuyo

IProjectMaster is the best project site for students. Their works are unique and free of plagiarism!

Excellent

View All Reviews

FREQUENTLY ASKED QUESTIONS

How do I get this complete project on THE IMPACT OF COMPUTER SYSTEM ON ACCOUNTING AND AUDITING (A CRITICAL REVIEW)? 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 IMPACT OF COMPUTER SYSTEM ON ACCOUNTING AND AUDITING (A CRITICAL REVIEW)? 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 IMPACT OF COMPUTER SYSTEM ON ACCOUNTING AND AUDITING (A CRITICAL REVIEW), 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!