THE USE OF COMPUTER IN RECORDING ACCOUNTING INFORMATION, PROBLEMS AND PROSPECTS (A STUDY OF BENDEL FEEDS AND FLOUR MILL, EWU, EDO STATE)

ABSTRACT

This research work is aimed at ascertaining the various roles played by using computer in recording accounting information problems and prospects in the modern business world using Bendel feed and flour mill, Ewu, Edo state as a case study. The importance of using computer in recording accounting information will be apparent when considering the fact from the data that is gathered in the course of this work, from the related literature as well as, from interviews and discussions. Also questionnaires were distributed equally and collected which yielded or revealed that the use of computer in recording accounting information [played a positive role in initiating computer use in the modern business world. The information supplied by the Chief accountant in Bendel feed and flour mill Ewu, Edo state contributed to the success of the exercise. The statistical analysis that used in the study includes the hypothesis testing in which the questionnaire is analyzed under their related hypothesis and the use of chi-square test of homogeneity. It was also discovered that it is important among other groups of professionals needed for this implementation of the exercise. Therefore, they formed the pillar on which any successful establishment rests upon. We recommended that the use of computer in recording accounting information should be give a free hand in implementation exercise in order to enhance the importance of the use of computer in recoding accounting information.

TABLE OF CONTENT
TITLE PAGE…………………………………………………………………………………………………………………i
APPROVAL PAGE………………………………………………………………………………………………………….ii
DEDICATION………………………………………………………………………………………………………………..iii
ACKNOWLEDGMENT……………………………………………………………………………………………………iv
ABSTRACT……………………………………………………………………………………………………………………v
TABLE OF CONTENT…………………………………………………………………………………………………….vi

CHAPTER ONE
1.0 INTRODUCTION………………………………………………………………………………………………1
1.1 BACKGROUND OF STUDY……………………………………………………………………………………1
1.2 STATEMENT OF THE PROBLEM………………………………………………………………………….2
1.3 OBJECTIVE OF STUDY…………………………………………………………………………………………4
1.4 RESEARCH QUESTIONS……………………………………………………………………………………….6
1.5 RESEARCH HYPOTHESIS……………………………………………………………………………………..7
1.6 SIGNIFICANCE OF THE STUDY…………………………………………………………………………….8
1.7 SCOPE, LIMITATIONS AND DELIMITATION OF STUDY…………………………………………9

CHAPTER TWO
2.0 LITERATURE REVIEW……………………………………………………………………………………12
2.1 HISTORY OF COMPUTER/DEFINITION………………………………………………………………12
2.2 COMPARISON OF MANUAL AND COMPUTER INFORMATION PROCESSING…………15
2.3 ELECTRONIC DATA COLLECTION (EDP)…………………………………………………………….16
2.4 DATA INPUT/OUTPUT AND THE MEDIA SYSTEM………………………………………………19
2.5 PARTS/ELEMENTS OF A COMPUTER………………………………………………………………….26
2.6 AREAS OF COMPUTER APPLICATION………………………………………………………………….33
2.7 LIMITATION OF THE USE OF COMPUTER……………………………………………………………37
2.8 THE ORGANIZATIONAL STRUCTURE OF A DATA PROCESSING DEPARTMENT……39
2.9 PROBLEMS ASSOCIATED WITH THE USE OF COMPUTER IN RECORDING ACCOUNTING INFORMATION……………………………………………………………………………..50
REFERENCE………....................................................................................................................................55

CHAPTER THREE
3.0 RESEARCH DESIGN AND METHODOLOGY………………………………………………………..56
3.1 RESEARCH DESIGN……………………………………………………………………………………………56
3.2 POPULATION OF THE STUDY………………………………………………………………………………56
3.3 SAMPLE SIZE OF THE STUDY…………………………………………………………………………….57
3.4 SOURCES OF DATA OF THE STUDY……………………………………………………………………58
3.5 INSTRUMENT OF DATA COLLECTION………………………………………………………………..59
3.6 VALIDITY OF INSTRUMENT OF THE STUDY………………………………………………………60
3.7 RELIABILITY OF INSTRUMENT OF THE STUDY……………………………………………………60
3.8 METHOD OF DATA ANALYSIS…………………………………………………………………………….60

CHAPTER FOUR
4.0 PRESENTATION AND ANALYSIS OF DATA……………………………………………………...62
4.1 PRESENTATION OF DATA………………………………………………………………………………….62
4.2 ANALYSIS OF RESPONSE……………………………………………………………………………………63
4.3 TEST OF HYPOTHESIS AND PROOF……………………………………………………………………70

CHAPTER FIVE
5.0 FINDINGS/CONCLUSIONS AND RECOMMENDATIONS…………………………………….83
5.1 FINDINGS………………………………………………………………………………………………………….83
5.2 CONCLUSIONS…………………………………………………………………………………………………...84
5.3 RECOMMENDATIONS………………………………………………………………………………………...86
BIBLIOGRAPHY………………………………………………………………………………………………….89
APPENDIX………………………………………………………………………………………………………….91