Effects of Computerised Accounting to Performance of Financial Institutions

Only available on StudyMode
  • Download(s) : 1191
  • Published : April 25, 2013
Open Document
Text Preview
Table of Contents
DEDICATIONi
ACKNOWLEDGEMENTii
LIST OF FIGURESv
LIST OF ABBREVIATIONSvi
ABSTRACTviii
Chapter 1. INTRODUCTION1
1.1. Background of the study1
1.2. Research focus2
1.3. Overall Research Aim and Individual Research Objectives2
1.3.1. Overall research aim2
1.3.2. Individual research Objectives3
1.4. Research questions3
1.5. Justification of study3
1.6. COMPANY BACKGROUND4
1.6.1. History of Rwanda Development Bank (BRD)4
1.6.2. Vision, Mission and values8
1.6.3. Objectives and strategy9
1.6.4. Company structure10
Chapter 2. REVIEW OF LITERATURE12
2.1. DEFINITIONS OF KEY TERMS12
2.2. OBJECTIVES AND LIMITATION OF ACCOUNTING17
2.2.1. Objectives of Accounting:17
2.2.2. Limitations of Accounting:18
2.3. The accounting cycle19
2.4. FUNCTIONS OF ACCOUNTING19
2.5. INTERESTED PARTIES IN ACCOUNTING INFORMATION20
2.6. COMPUTER ROLES IN MODERN ACCOUNTING21
2.7. THE MAIN ADVANTAGES OF COMPUTERIZED ACCOUNTING SYSTEM22
2.8. BASIC REQUIREMENTS OF COMPUTERIZED ACCOUNTING SYSTEM23
2.9. Data Processing Equipment24
2.10. EFFECT OF COMPUTERIZED ACCOUNTING ON FINANCIAL REPORTING24
2.11. LIMITATIONS OF A COMPUTER AND COMPUTERIZED ACCOUNTING25
2.12. COMPONENTS OF COMPUTERISED ACCOUNTING SOFTWARE26
2 .13. UNDERSTANDING ACCOUNTING SOFTWARE MODULES27
2.13.1. ACCOUNTING SOFTWARE MODULES AND THEIR FUNCTIONS30
Chapter 3. RESEARCH METHODOLOGY AND STATEMENT OF FINDINGS35
3.1. RESEARCH METHODOLOGY35
3.1.1. Sample Size35
3.1.2. Research Design35
3.1.3. Sample size and sampling techniques35
3.1.4. Source and Methods of Data collection36
3.1.5. Data analysis and Interpretation37
3.1.6. Limitations of the study39
3.2. STATEMENT OF FINDINGS40
Chapter 4. RESULT AND DISCUSSION53
4.1. Availability of computer skills of investigated staff53
4.2. Keeping of financial statements and budget records using accounting software in the organization53
4.3. Why the company starts using accounting software after five years the company begins?54
4.4. Major Factors considered while choosing the suitable accounting system55
4.5. The main consideration when designing the accounting system in the company55
4.6. How computerization of data is helping organization to perform work effectively56
4.7. Particular constraints encountered in the use of computer in BRD57
4.8. The extent in which computerized accounting system can overcome the challenges faced by BRD Accountants in financial reporting57
4.9. Suggestions from accounting staff of BRD58
Chapter 5. SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATIONS59
5.1.SUMMARY OF FINDINGS59
5.2.Conclusions60
5.3.RECOMMENDATIONS61
5.4.SUGGESTION FOR FUTURE RESEARCH62
REFERENCES63
APPENDICES QUESTIONNAIRE GUIDE67
QUESTIONNAIRE GUIDE68

LIST OF TABLES

Table 1: .Designation of Respondent42
Table 2: Availability of computer skills42
Table 3: working duration in the organization43
Table 4: Keeping of financial statement and budget record in the organization44
Table 5: Accounting software used in the organization44
Table 6: Starting time of using the accounting software45
Table 7: Major Consideration for the choosing the suitable accounting system46
Table 8: Factors considered when designing the accounting system47
Table 9: Important person who play a big role in effectiveness of accounting system47
Table 10: How computerization of data is helping organization to perform work effectively48
Table 11: Chart of accounts that are used in computerized accounting system of the company50
Table 12: The advantages of user designed chart of accounts50
Table 13: Particular constraints encountered in the use of computer51
Table 14: Agreement of researchers on the overcoming of challenges faced by financial institutions in financial reporting51
Table 15: Extent at which computerized accounting can overcome the...
tracking img