Comparative analysis of computerized accounting system and manual accounting system

This research study is a comparative analysis of computerized accounting system and manual accounting system with reference to Ama breweries plc. and African petroleum  plc.  all  in  Enugu  state.  It  is  a  survey  research.  The  study  is  a comparative evaluation of computerized accounting system and manual accounting system to ascertain which one is more effective and efficient than the other. Data were collected from primary and secondary sources which include the use of questionnaires,  personal  observations,  text  books,  journals  and  internet. 

Three hypotheses were formulated and tested using Z-test statistics, while questionnaires were analyzed in tabular form using simple percentage. It was discovered that software  accounting  system  is  expensive  to  run,  software  accounting  system handles  larger  volume  of  data  than  manual  accounting  system  and  software accounting system encourages fraud, and funds can be lost in organization with the use of software accounting system.

As a result of the comparison between manual accounting system and computerized accounting system, to attain a larger volume of data and work accuracy in a shorter period it is better for organizations to use computerized  accounting  system  to  increase  their  efficiency.  Those  studying accounting  as  a  profession  should  be  introduced  to  both  the  theoretical  and practical aspect of software accounting and to reduce funds lost through frauds and forgeries  managers  and  accountants  should  provide  software  developers  with progressive information relating to their business activities. 
 

Project Cost:             N 5,000
Account Name:        Okpe ThankGod
Account No:            0119004370
Bank:                       GTB

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