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Thesis Bernard Adomako 1

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Thesis Bernard Adomako 1
The Effects of Computerized Accounting System on Ghanaian
Banks, The Way Forward (A case study of Amanano Rural Bank
LTD.)
Bernard Adomako Adjei

Bachelor’s Thesis
Degree Programme in International
Business
2013

Abstract
Date of presentation of thesis
Degree programme
Author
Bernard Adomako Adjei

Title
The Effects of Computerized Accounting System on Ghanaian Banks, the way forward (A case study of Amanano Rural

Group or year of entry GloBBA09
Number of pages and appendices
43 + 4

Bank Limited)
Supervisors
Mika Mustikainen, Jutta Heikkila and Elizabeth San-Miguel.

This thesis aims to answer general questions concerning the computerization of accounting systems in Ghana. Furthermore, it analyzes the possible factors and benefits of this subject matter. It also presents how banks computerization has helped eradicate many problems in the banking field, comparing and giving insights into differences between computerized accounting systems and manual accounting/banking systems.
The study was carried out to show the importance Ghanaian banks confer on computerized banking technology, the extent to which this technology is being employed and how relevant this banking technology is to customers and staff as a whole.
The bank examined in the study was Amanano Rural Bank Limited because this bank just introduced this form of technology. The study was conducted through primary data collection where questionnaires were designed and distributed to customers at the bank. Personnel at the bank were also interviewed through e-mails and telephone conversations. Secondary data collection involved reviewing some textbooks, magazines and the like that have materials relating to this topic. Fifty questionnaires were sent to the bank to be distributed to their customers and staff for completion and the response received were analyzed.
The study concludes with observations summarizing the research and the recommendations that emerged. It analyses the level of technological


References: ICT in Accounting, 2011. URL www.cambridge.edu.au/education/.../pageproofs_19_640290.pdf Meigs, F.R. and Mary. A (1998). Financial Reporting 9th Edition. United States of America: Irwin McGraw hill publishers. Sinkey J.F. 1990, Commercial Bank Financial Management In the Financial Services Industry, 4th Edition, published by Colin publishing. Boye, S.S., 1990,“Innovative Banking Activities in Ghana”. Journal of Management Studies, Vm 6 Jan-Dec (1990), edited by Afram publications. Evans D.S. and Schmalensee R., 1999, Paying with Plastic: the Digital Revolution in Buying and Borrowing, published by MIT Press. Business and Financial Times, 1991, “Competition in Banking”. April 24-May 7, 1991. Joppe, M. (2000). The Research Process. Retrieved February 25, 1998, from http://www.ryerson.ca/~mjoppe/rp.htm Campbell, D. T. & Stanley, J.C. 1966, Experimental and quasi-experimental designs for research. Boston: Houghton Mifflin. Balachandher et al, 2001: Idowu et al, 2002; Hunter, 1991; Whaling, 1995; Yasuharu, 2003; Adjei-Tuffour William et al, 2005.
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