CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
There has been a lot of observations and comments on the effect of computer as it relates to the accounting profession in Nigeria. Which determine whether computers does have effect on the accounting professional and how it perform task with maximum speed and accuracy which will make the job of the account staff a lot easier. Also they are underutilized, despite the immense benefits derivable from their optimum utilization of computer system. With the advent of computer-based accounting system, accountants have to cope with the resulting complexity of the flow of information through the accounting systems. Traditional accounting procedures did not accommodate the sophisticated processing devices that came with the computer-based accounting system. Furthermore, the traditional accountant was not trained in the special languages and devices used in the computer based system. Therefore in the course of the study, efforts will be made to establish the effect of computer on the accounting profession. Finally, I have the confidence that he efforts expended in this study will be a worthwhile investment. This is further strengthened by the fact that this study will serve a springboard and basis for further studies on the relationship between the computer and the accounting profession and other related topics in the future. The company Asaba Aluminum limited company was established in June 1981 in Asaba delta state. it is located at km 11, Asaba-Benin road. There certifications number is ISO9000/9001/9004/19011:2000. They produce and market aluminum such as long span, setlines, crimp and flashing roofing sheet and cookware. They company have total number of employees resulting to 51 to 100 people which comprises of senior management, management assistants and Nonmanagement sta. Non-management is sub-divided into three (3) senior supervisor skilled and unskilled workers. The technical employees comprises about 55% of staff at the management level and 70% at non-management.
Changes that brought about this research is to establish the various forms of accounting operations in which computers could be utilized.
1.2 OBJECTIVE OF THE STUDY
The objectives of this study are of follows:
1. To highlight the importance of computer and it relevance accountants to
2. In pursuance of his duties, the auditor may come across accounting statements prepared by a computer, especially by large business organization. Thus, the auditor also needs to learn about computer programming. 3. To provide a resource material for accountants and students of the profession relative to the advantage of computers.
4. Identify the major areas of computer application in accounting
5. Establish the various forms of accounting operations in which computers could be utilized.
6. To highlight the unexplored potentials of the computer necessary for the efficient and smooth operation of the commercial banks as far as customer services are concerned.
7. To encourage a continued investigation of the relevance of computers in the financial sector of the third world countries.