ABSTRACT

The main objective of the study is to ascertain the effect of computerization of accounting system on the performance of corporate firms. was adopted. To achieve the objective of the study, survey descriptive design The study population is 38 persons, which is made up of the staff of the bank. The sample size is 38. The researcher made use of primary methods of data collection which included questionnaire. This was designed and distributed to the 38 staff of Access bank and the 38 distributed questionnaires were completed and returned. The formulated hypotheses were tested using the One Sample T-Test. The findings of the study shows that Computerized accounting system is in operation in virtually all commercial banks in Nigeria and its adoption is in line with the CBN stipulation for globalization, growth and performance efficiency. It also shows that computerized accounting system is known to virtually all staff of commercial banks in Nigeria and is considered a mechanism of necessity, importance and relevance. Furthermore it reveals that the major challenges to computerized accounting system are cost and literacy level, thus, only literate persons and financially buoyant individuals can afford computerization of their accounting system. Based on these, the researcher recommended that bank staff irrespective of department should be subjected to literacy training on Computer and its application, and computerization should be adopted to ease and encourage payment and receipts electronically to The research topic of this study is facilitate more transactions.