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The Use Of Computer In Recording Accounting Information, Problems And Prospects
[A STUDY OF BENDEL FEEDS AND FLOUR MILL, EWU, EDO STATE]
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1.6 SIGNIFICANCE OF THE STUDY
The
significance of this study cannot be over-emphasis because of the
nature of modern day organizations. It is embarked on to poultry the
importance of computer of an organization with peculiar reference to
modern accounting system. These importances are stated down below:
i.
The importance of this study is to make the accountants and the
auditors realize that computer should not see as an enemy but as an aid
to them and their business functions.
ii. This study is to help
remove the in concept concealed by the junior workers that computer
introduction will lead to retrenchment of workers which is a fallacy
because without human being, computer cannot work or operate.
iii.
This research work will help disclose the benefits of computerized
accounting system with the understanding that if the third world
countries like Nigeria can undertake this system, they can compete with the advanced countries.
iv. This will also help see accuracy and efficiency of work carried out as well as increased productivity.
v.
This research work will also help other renders and researchers to
widen their scope of knowledge academically, occupationally, socially
and economically as a base for other research work.
1.7 SCOPE, LIMITATIONS, AND DELIMITATIONS OF STUDY
1.7.1 SCOPE OF THE STUDY
This
project is designed to cover the use of computer in recording
accounting information by individuals, firms and government. But
generally, business organizations were concentrated upon with a case
study of Bendel feeds and flourmill, Edo state.
However, particular attentions were to the following areas.
i. Application and use of computer in financial accounting.
ii. The use of electronic computer in management decision making.
iii. The advantages derived in the use of computer.
1.7.2 LIMITATIONS OF THE STUDY
It
is the researcher’s desire to carry out an elaborate research work on
the selected topic for accuracy, reliability and efficiency. Also as an
indispensable data base for interested person or groups of persons. But
the following difficulties brought limitation to be:
I. LACKS OF
COOPERATION FROM THE RESPONDENTS: The reluctance of the officers of the
organization involved to attend to the researcher limited the researcher
in getting full details.
ii. FINANCE: Inadequate finance was a core problem for the researcher and this adversely delayed the progress of the work.
iii.
SECRECY: Some information needed by the researcher is tagged
“Confidential†and this limited him from getting the information.
iv.
TIME:The time available to complete and submit this research work is
too short; as such the researcher is limited to elaborate research.
1.7.3 DELIMITATION
The
research work on the use of computer in recording accounting
information would have cover the importance it has contributed to
individuals, firms and government but, due to time availability,
finance, strenuous academicals, works all these sectors mentioned were
not reached, therefore, the researcher is limited to only business
organization [firms] with a case study of Bendel feeds and flour mill,
Ewu, Benin city.
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ABSRACT - [ Total Page(s): 1 ]ABSTRACTThis 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 qu ... Continue reading---
