ABSTRACT
This study focused on internal control system in a computerized accounting environment. The objectives of the study were to; examine the effect of computerized accounting system on the effective performance of internal control unit in first bank Plc. To evaluate the extent of application of computerized accounting system in first bank Nigeria Plc. To determine the influence of internal control system in a computerized accounting environment and to identify the factors militating against internal control system in a computerized accounting system. To achieve these objectives, primary source of data was through the use of a well structured questionnaire. The questionnaire was distributed among sixty staff of first bank Nigerian plc. The empirical result of the study showed that there is significant effect of computerized accounting system on the effective performance of internal control unit in first bank Plc. Also that First bank Nigerian PLC do apply computerized accounting system in internal control unit. Finally there is significant influence of internal control system in a computerized accounting environment. We therefore concludes that the effect of computerized accounting system on the effective performance of internal control unit in first bank Plc include; It promote automation of computerized accounting system, computerized accounting system enhance accounting accuracy, computerized accounting system aid data access, computerized accounting system encourage accounting reliability, scalability can be achieved through computerized accounting system. Also that computerized accounting system is applied in first bank Nigeria Plc. Ba bvh se on the analysis I recommend the following: The organization should make funding’s available for the staff. The right information system should be provided to the staff. Control systems policies and procedures should be accommodating and finally, the staffs should be provided with strong internal control system and also the leadership should try and be more effective.
TABLE OF CONTENTS
Cover page
Approval page i
Certification ii
Dedication iii
Acknowledgement iv
Table of contents v
List of tables viii
Abstract ix
CHAPTER ONE
INTRODUCTION
1.1
Background to the Study 1
1.2
Statement of the Problem 2
1.3 Objectives
of the Study 3
1.4 Research
Questions 4
1.5 Research
Hypotheses 4
1.6 Significance of
the Study 5
1.7 Scope/Limitations of the
Study 6
1.8 Definitions of Terms 6
CHAPTER TWO
LITERATURE
REVIEW
2.1.1 Internal Control= 7
2.1.2 Objectives of Internal Control System 8
2.1.3 Types of Internal Control System 9
2.1.3.1 Administrative Controls 9
2.1.3.2 Accounting
Controls 9
2.1.4 Components of Internal Control Measure 10
2.1.5 Measure
of Internal Control Strategies 10
2.1.6 Computerized
Accounting Systems 12
2.2 THEORETICAL
FRAMEWORK
2.2.2 Stakeholder’s Theory 14
2.2.3 Stewardship Theory 15
2.2.4 Institutional Theory 15
2.2.5 The Theory of the Firm 16
2.2.2
Contingency Theory 17
2.3 Empirical Review 17
2.4
Summary of Review of Related
Literature 19
2.5
Gap in Literature Review 20
CHAPTER THREE
METHODOLOGY
3.1 Research Design 21
3.2 Sources of Data 21
3.3 Population of the Study 21
3.4 Sample Size Determination 21
3.5 Validity
of the Instruments/ Reliability of the Instruments 22
3.6 Method
of Data Analysis 22
3.7
Data Analysis Techniques 22
CHAPTER 4
DATA PRESENTATION,
ANALYSIS AND INTERPRETATION
4.2 Data Presentation 26
4.3
Test of Hypotheses 31
4.4 Discussion of Results 35
CHAPTER 5
SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATIONS
5.1 Summary 37
5.2
Conclusion 37
5.3 Recommendations 38
REFERENCES 39
APPENDIX
EZEOHA, N (2021). Internal Control System In A Computerized Accounting Environment. Mouau.afribary.org: Retrieved Oct 31, 2024, from https://repository.mouau.edu.ng/work/view/internal-control-system-in-a-computerized-accounting-environment-7-2
NWADIKE, EZEOHA. "Internal Control System In A Computerized Accounting Environment" Mouau.afribary.org. Mouau.afribary.org, 19 May. 2021, https://repository.mouau.edu.ng/work/view/internal-control-system-in-a-computerized-accounting-environment-7-2. Accessed 31 Oct. 2024.
NWADIKE, EZEOHA. "Internal Control System In A Computerized Accounting Environment". Mouau.afribary.org, Mouau.afribary.org, 19 May. 2021. Web. 31 Oct. 2024. < https://repository.mouau.edu.ng/work/view/internal-control-system-in-a-computerized-accounting-environment-7-2 >.
NWADIKE, EZEOHA. "Internal Control System In A Computerized Accounting Environment" Mouau.afribary.org (2021). Accessed 31 Oct. 2024. https://repository.mouau.edu.ng/work/view/internal-control-system-in-a-computerized-accounting-environment-7-2