The Effects Of Computerized Accounting System On The Performance Of Banking Industry In Nigeria

The  research  topic  of  this  study  is  “The  Effect  of Computerized Accounting System on the Performance of in Banking Industry – a study of selected banks in Enugu Metropolis.    The  purpose  is  to  know  whether  the application  of  Computerized  Accounting  System superceeds that of manual Accounting System, and that if  computerized  Accounting  System  enhance  higher turnover  and  profitability,  and  also  whether  a computerized accounting system is an effective means of keeping accounting records. The study population is 70 persons who are the members of the staff of the three major selected banks.  Using the Taro Yamene’s formula the sample size calculated gave (60).

 The formulated hypothesis were tested using the analysis of variance (ANOVA) statistical technique at 5% level of significance.  The researcher also made use of primary methods of data collection which included questionnaire and personal interview.  Also the secondary method of data collection used was gotten from official documents of the banks, various  research  work  on  computerized  accounting system,  accounting  journals,  textbooks  and  Caritas University Amorji – Nike, Emene, Enugu State library. 

Based on these, the researcher recommended that banks in  Enugu  Metropolis  should  channel  most  of  their resources in the training and development of bankers and Accountants  personnel  in  computerized  accounting system  related  technology  such  as  I.C.T  to  boost performance  in  their  banking  operations  and  their personnel.    Also  due  to  the  widespread  of  computer trends and its dynamics nature, it is recommended that banks in Enugu metropolis who are still battling with manual  system  should  adopt  specifically  the Computerized Accounting System.