Accounting Information and Bank Performance: A Study of Selected Commercial Banks in Nigeria

Reference code: C077

ABSTRACT

This research project investigated the impact of accounting information system on the performance of commercial banks in Nigeria. In order to achieve the objectives of the study, two hypotheses were formulated and data collected through the issue 91 structured questionnaires to accounting staff of 12 commercial banks. data collected was analyzed using Pearson Coefficient of Correlation. our findings showed that: The study showed that there is a positive and significant relationship between the implementation of accounting information systems and the profitability of commercial banks in Nigeria. The study also showed that there is a positive and significant relationship between the implementation of accounting information systems and the productivity of commercial banks. Given our findings, we conclude that: The implementation of adequate accounting information induces profitability in commercial banks. We also conclude that the implementation of adequate accounting information systems is a productivity driver in commercial banks. Given our findings and conclusions, we make the following recommendations: Commercial banks should continue to implement and upgrade their accounting information systems in order to continue to drive profitability and continue to provide adequate training in the proper implementation and use of accounting information systems.

BACKGROUND TO THE STUDY

......... The ability of a manager to use available resources efficiently and effectively depends on how well the organization's accounting information system is planned and implemented. Hence, the role of accounting information system in the success of any business cannot be over emphasized. For an organization to function properly, adequate and timely accounting information system has to be in place, whose function is to provide adequate, timely and reliable financial data necessary for the management of the affairs of the organization. It is important to note that, poor record keeping and communication has in the past led to the failure of many businesses organizations.

Accounting information system combines the study and practice of accounting with the design, implementation and monitoring of information systems. Such systems use modern information technology resources in conjunction with traditional accounting controls and methods to provide users the information necessary to manage the organization (Etim, 2011). The effect of a good accounting information system can be underscored by the effectiveness and efficiency of the system when it automatically alerts the attention of management to issues that deviate from the pre-determined standards. 

In recent years, the advancement in information systems all over the world has made business organisations to channel resources in these areas if they are to compete favorably among their local and foreign counterparts. Gone are the days when business organizations were simply required to make profit and provide a fair return to investors. The modern business organizations find itself in the atmosphere of global uncertainties, cut throat competition locally and internationally and unprecedented change in the economy. 

Hence, a great demand is often placed on the managers of these organizations to make practical and informed decisions if the organization is to move forward as the success or otherwise of any organization is often a function of the sum of the decisions taken in the past. However, the quality of decisions taken by managers rests on the relevance and accuracy of information provided by systems available to them.

An accounting system is among the most effective decision making tools at the disposal of management as it provides an orderly method of collecting and organizing data and information about the various business financial transactions so that it may be used as a tool for management in running the business (Copeland and Dascher, 1978). Accounting information also may help managers understand their tasks more clearly and reduce the uncertainty that surrounds business decision making (Chong, 1996). Accounting Information system is therefore vital to all organizations and perhaps every organization profit or non profit oriented needs to maintain an Accounting Information System ........... 

FOR ACCESS TO THE FULL PROJECT WORK, USE THE ORDER NOW! BUTTON BELOW

TABLE OF CONTENTS

CHAPTER ONE
INTRODUCTION
1.2 BACKGROUND OF THE STUDY
1.2 STATEMENT OF RESEARCH PROBLEM
1.4 PURPOSE OF THE STUDY
1.4 STATEMENT OF RESEARCH QUESTION
1.6 RESEARCH HYPOTHESES
1.6 SIGNIFICANCE OF THE STUDY

CHAPTER TWO
REVIEW OF RELEVANT LITERATURE
2.0 INTRODUCTION
2.1 THEORETICAL FRAMEWORK
2.1.1 Contingency Theory
2.1.2 Agency Theory
2.1.3 Behavioural Theory
2.2 CONCEPT OF ACCOUNTING INFORMATION SYSTEM
2.2.1 Usefulness of Accounting Information System
2.2.2 Value Relevance of Accounting Information system
2.2.3 Advantages of Accounting Information System
2.3 Implementation of Accounting Information System
2.3.1 Detailed Requirements Analysis
2.3.2. Systems Design and Documentation
2.3.3 Testing, Training and Data Conversion
2.3.4 Launch and Support of the Accounting System
2.4 ACHIEVING EFFICIENT ACCOUNTING INFORMATION SYSTEM
2.5 REVIEW OF RELEVANT EMPIRICAL LITERATURE

CHAPTER THREE
RESEARCH METHODOLOGY
3.0 INTRODUCTION
3.1 RESEARCH DESIGN
3.2 POPULATION FOR THE STUDY
3.3 SAMPLE AND SAMPLING TECHNIQUE
3.4. NATURE AND SOURCES OF DATA
3.5 METHOD OF DATA COLLECTION
3.6 METHODS OF DATA ANALYSIS
3.7 OPERATIONAL DEFINITION OF VARIABLES
3.8 VALIDITY AND RELIABILITY OF INSTRUMENT
BIBLIOGRAPHY


Reference code: C077

Reference code: C077

Does this Research Project Meet Your Requirements?

Click Here to Order

See More Project Topics