EXAMINING THE PROBLEMS ENCOUNTERED BY INTERNAL CONTROL SYSTEM IN DEPOSIT MONEY BANKS
|BANKING AND FINANCE|
No of pages
|MS Word & PDF|
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1.0 BACKGROUND TO THE STUDY
Accounting is so persuasive, and the understanding of its usefulness is desirable. it has been called the “language of business”.
The history of accounting is an internal one, the double entry book-keeping concept which is generally regarded as the genesis of accounting comes from the Italian city state of the fourteenth and fifteenth centuries; after Italian fashion it then migrated to Germany to assist.
The merchant of the Tugged Era and the Assume leagues almost simultaneously.
Some Duton business philosopher shamed ways of calculating period income and same Frenchmen also made use of the whole system to government planning and accountability.
Not long, the double entry accounting idea reached further attention and development; the British world economic position in the seventeenth.
Their influence spread the flag of accounting to North America and the British. Common wealth as it existed then. Dutch thus, carried the brand of accounting that they had developed at home to Indonesia and other places.
Yet is serving people and organization internationally.
1.1 STATEMENT OF THE RESEARCH PROBLEM
An accounting information system is designed to be used recording the financial transaction.
Information is entered, processed, stored and distributed through this system.
At the end of every accounting year, a stewardship report is given to the shareholder inform of financial statement which shows the position of their investment; this many research work have been carried out on accounting information that can be used by the management to make decision in a banking industry.
Accounting information systems are usually computerized.
Because of this, there is always a risk of losing information through power outage or system crasher when this happens there is a chare that all the information in the system could be lost.
1.2 OBJECTIVES OF THE STUDY
This study represents an attempt to so those aspects of accounting information and job performance which subordinate perceives as operative with the Mainstreet bank management, the following are identified objective of the study.
i. To enable improvement of accounting information performances.
ii. To identify the type of accounting information styles that can lead to higher job performance.
iii. To provide basis for improving on the job performance of accounting information.