This study,COMPUTER APPLICATION IN ACCOUNTING (A CASE STUDY OF THE COMPUTERIZED LEDGER SYSTEM OF NIGERIAN BOTTLING COMPANY PLC) contains concise information that will serve as a framework or guide for your project work. The project study is well-researched for academic purposes and are usually provided in complete chapters with adequate References.
This work examines the problems of computer Application in Accounting as it effects computerized ledger system of Nigerian Bottling Company Plc. Onitsha Plant. It is shown that there is adequate in design, effective and efficient in operation.Data was collected from primary and secondary sources, using observation, and questionnaires for the first and reference materials in the later.The data analyzed confirmed that no computer application elaborate, can on itself guarantee efficient administration, nor can it be fill proof against fraudulent acts, pressure from by personnel, overriding decision by management are but a few handicaps to a well intentioned computer application.It is therefore the intention of the researcher to highlights certain remedies or strategies, that can also be adopted to minimized sort coming of the computerized ledger system and this is discussed in chapter five of this research study.
TABLE OF CONTENTS
1.1 Historical information
1.2 Organizational structure of Nigeria Bottling Company
1.3 Problem Definition
1.4 Aim of study
1.5 Research question
1.6 Statement of hypothesis
1.7 Significance of study
1.8 Limitation of study
1.9 Definition of terms
2.0 Review of related literature
2.1 The account
2.2 The ledger and general
2.3 Classification of accounts in the general ledger
2.4 Assets and liabilities
2.6 Chart of account
2.7 Debit and credit
2.8 Principle of financial statement
2.9 The trial balance
2.10 System analysis
2.11 Organizational structure and procedure
2.12 Record maintenance
2.13 Internal control
2.14 The general ledger interface
2.15 The control and risk exposure
2.16 System design, implementation and documentation
2.17 Stages involved and description of the screen design
2.18 Programming method
2.19 Programming language selection
2.20 Users documentation
2.21 Programme testing
3.1 Primary data
3.3 Secondary data
3.4 Population of study
4.2 Data presentation
4.3 Question II
4.4 Statement of hypothesis
4.5 Testing of hypothesis
4.6 Test technique
5.0 Summary and findings
1.1 HISTORICAL INFORMATION
The Nigeria Bottling Company Plc is a main of a range of soft drink and is known to be the longest of a soft drink.
The company was incorporated on 22nd of November 1951 in Lagos and since then, they has spread it network of branches all over Nigeria. At present, it has an issue over N20 million Naira. The company is jointly owned and managed by Nigerian and foreigners but the majority of shares are owned by Nigerians.
The Onitsha branch (plant) of the company, which was established in January 1978, and it is the main focus of this research work. The plant has an average production rate over 50,000 crated drinks per day. The brand soft drinks manufactured by the company are:
Coke products:- (1) Cokes, Fanta Orange, Sprite and Krest Soda, other are: Krest Tonic, Krest Bitter Lemon. Ginger all, Fanta Lemon and Fanta Chapman. The newest product in the market now is Fanta Black and diet coke. The Onitsha Plant is mange by Mr. Steve Okolo-Solo while the personnel manager is Mr. Marshall Enudi, slaes manager Mr. Ishaka Salami and the financial manager Mr. Samusi Kasaki.
The system same information is entered at various level of the system
The system is too sect contained. It is designed to collect standard data and produce redesigned report and is often unable to deal with request for further information. It tends to pay little attention to Linkages with the work of other departments. As a results, information presented by the accountant lag behind that of other department who they argue that they cannot understand the accountants figure use department gain very little from the accounting report they receive and consider them a necessary evil rather than a surface of assistance.
POOR LEVEL OF ANALYSIS
The degree of analysis is limited by the sheer volume of detailed data, which has to be handle. Each sale transaction involves several product lines and there are thousands of such transactions in any period. Manual entry of this is time consuming hence, the reason that only summarized details are normally recorded, making it virtually impossible to produce further information without special work.
The amount of work involved in this system and way it was split between staff made it rather complex. A result very few number of staff working with it understood the whole sysem.
1.2 AIM OF STUDY
This study is aimed at achieving the following
Can a computerized ledger system solve the problem of data publication inherent in the manual genuine ledger system?
1.3 STATEMENT OF HYPOTHESIS
Hi: There is a significant relationship between computerized general ledger system and the level of complicated error, poor communication and data duplication.
1.4 SIGNIFICANCE OF STUDY
Accounts interact with information system of business and government enterprises as user, evaluators and designers. They design information system when they devise chart of accounts or propose the addition of specific control within the transaction processing with present speed of development accountant now assume a more positive role in the analysis and design of information systems and their product can be maintained. Computer systems own much of their acceptance in business to the increased speed and efficiency that the provide for the processing and reporting computer have helped management cope with the increasing problem of paper handling not only by speeding up the process but also by eliminating some of the paper need through the storage of data in elaborately constructed data based and files where they can be retrieved when needed and so the need for a computerized accounting systems more so, a general ledger system control cannot be over emphasized
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