Impact of computerization of accounting system of commercial banks ( A case study of union bank plc ) Department: Accountancy By: philip123 Project ID: 137 Rating: (2.7) votes: 333Rate this project12345 Price:₦1000 Get the Complete MaterialAbstractThe role played by computer is the existence growth and efficient operation of modern firm is numerous. Thus, this research was geared towards examining the impact of computerization on the accounting system of banks with a particular reference to Fidelity Bank Nigeria Plc. Baring this in mind, efforts were made to find out how and in what terms computerization has been able to improve the operations of Banks. The research has identified some problem associated with the rise of manual system previously used by the bank in its daily operations. Some errors that are likely to occur in computer operations were identified. However, result show that there is an increase in the rate of application of computers. It was also discovered that the present cost of computers is relatively high but very rewarding. Computerization also brought about accuracy and great speed in the data processing system in banks. Computerization also enhances system of rendering reliant on computers since they are found to be very effective. To optimize the use of computers in data processing, several recommendations were made. ...Preview Download Preview +Other Accountancy project topics and materials you might be interested in»The Impact of Accounting Ratio in Decision Making ( A Case Study of Nigeria Breweries Plc Enugu) »The impact of budget and budgetary control in tertiary institutions ( A Case study of imo state university )»Internal control as a tool for improving profitability»The role of financial institutions in the development of Nigeria economy»Impact of computerization of accounting system of commercial banks ( A case study of union bank plc )»The Impact of product development on banks performance ( A Case study of first bank plc )»Role of good accounting system in the management of private enterprise in Nigeria ( A Case Study of Nwaogo pam paper mills limited )»Effects of standard costing on the profitability of manufacturing companies (a case study of nigerian breweries plc, Ama, Udi local government of Enugu state) »The role of accounting system in measuring organizational performance of transport company ( A Case study of ABC Transport )»Auditing in Nigeria companies, problems and prospects»The effects of computerized accounting system on the performance of banking industry in Nigeria»Effective internal control as an aid to management efficiency ( Case Study of Nigeria Bottling Company Owerri )»Effect of misrepresentation of information in a financial statement»The impact of development finance institutions (DFIS) in economic development of Nigeria»An appraisal of fraud prevention measures in Nigerian banking sector ( Case study of access bank plc owerri )