Assesing the Effectiveness of Computerized Accounting System
ABSTRACT
The study aimed at assessing the effectiveness of computerized accounting systems in organizations (the general objective of the study). It employed a case study design and Ministry of Finance and Economic Affairs was chosen as the case of the study. Various literatures were consulted to get the theoretical and empirical thoughts of stupendous authors about the topic under study to help the researcher craft and refine her methodology.
Questionnaires, documentation and interviews were the key methods of data collection. The researcher used a sample of 30 respondents from MoFEA’s Management and Staff to collect data because it was expensive both in terms of time and resources to collect data from every employee of the ministry. Primary and secondary data were collected and analyzed using both qualitative and quantitative data analysis techniques.
Afterwards, the researcher presented the findings collected from respondents and concluded that, computerized accounting system at MoFEA is to a great extent effective because most of the purposes for which it was established are being met, the ministry now produces accurate, up-to-date and timely reports. The researcher went further and said, although the system used is effective, it is underutilized because some of the accounting works are still done manually. The researcher recommends the following be done by the ministry in order to boost the status and quality of the system and the outputs from that system. These include, staff training to make more people at the ministry be able to work with the system, authorization to allow more staff members to use the system and set the appropriate budget to cover all needs of the ministry.
TABLE OF CONTENTS
DECLARATION ii
COPYRIGHT iii
ACKNOWLEDGEMENT iv
DEDICATION v
ABBREVIATIONS vi
ABSTRACT vii
LIST OF TABLES xi
LIST OF FIGURES xii
CHAPTER ONE 1
INTRODUCTION, OBJECTIVES AND PROBLEM DEFINITION 1
1.1 Background Information 1
1.2 Objectives of
The study aimed at assessing the effectiveness of computerized accounting systems in organizations (the general objective of the study). It employed a case study design and Ministry of Finance and Economic Affairs was chosen as the case of the study. Various literatures were consulted to get the theoretical and empirical thoughts of stupendous authors about the topic under study to help the researcher craft and refine her methodology.
Questionnaires, documentation and interviews were the key methods of data collection. The researcher used a sample of 30 respondents from MoFEA’s Management and Staff to collect data because it was expensive both in terms of time and resources to collect data from every employee of the ministry. Primary and secondary data were collected and analyzed using both qualitative and quantitative data analysis techniques.
Afterwards, the researcher presented the findings collected from respondents and concluded that, computerized accounting system at MoFEA is to a great extent effective because most of the purposes for which it was established are being met, the ministry now produces accurate, up-to-date and timely reports. The researcher went further and said, although the system used is effective, it is underutilized because some of the accounting works are still done manually. The researcher recommends the following be done by the ministry in order to boost the status and quality of the system and the outputs from that system. These include, staff training to make more people at the ministry be able to work with the system, authorization to allow more staff members to use the system and set the appropriate budget to cover all needs of the ministry.
TABLE OF CONTENTS
DECLARATION ii
COPYRIGHT iii
ACKNOWLEDGEMENT iv
DEDICATION v
ABBREVIATIONS vi
ABSTRACT vii
LIST OF TABLES xi
LIST OF FIGURES xii
CHAPTER ONE 1
INTRODUCTION, OBJECTIVES AND PROBLEM DEFINITION 1
1.1 Background Information 1
1.2 Objectives of
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