Application of Accounting Package On Provision of Financial Statements; A Case of Dfcu, Nsambya Branch

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TABLE OF CONTENTS

APPROVAL

ACKNOWLEDGEMENT

DEDICATION

DECLARATION .

iv

TABLE OF CONTENTS v

LIST OF ABBREVIATIONS viii

ABSTRACT xi

CHAPTER ONE 1

BACKGROUNG INFORMATION

1.1 Introduction 1

1.2 Statement of the problem 6

1 .3 Research Objectives 7

1 .3.1 General objective 7

.3.2 Specific objectives 7

I .4 Research questions 7

1.5 Scope of the study 8

1.6 Significance of the Study 8

1.7 Limitation of the study 9

CHAPTER TWO 10

LITERATURE REVIEW 10

2.0 Introduction 10

2.1 Advantage of Computerized accounting system. Recording of business transactions 18

V

2.2 Empirical Review .22

2.3 Conceptual Framework 24

CHAPTER THREE RESEARCH METHODOLOGY 28

3.0 Introduction 28

3. 1 Research Design 28

3.2 Study Area 28

3.3 Study population 28

3.4 Sample size and sampling Technique 29

3.4.1 Sample Size 29

3.4.2 Sampling Techniques 29

3.5 Types and source of data 30

3.6 Data collection method 30

3.7 Measurement of variables 31

3.8 Validity of issue 33

3.9 Data analysis methods 34

CHAPTER FOUR 35

DATA ANALYSIS AND INTERPRETATION OF FINDINGS 35

4.1 Introduction 35

4.2 Characteristics of respondents 35

4.2.1 Age of the respondents 35

4.2.2 Gender of the respondents 36

4.2.3 Marital status of the respondents 36

4.2.4 Education level of the respondents 37

vi

4.2.5 Duration in employment 37

4.3 To examine the capability of the bank to use the accounting package in terms of

availability of skills and number of staff 38

4.4 To find out understandability to the decision makers, relevance and reliability of the

application on accounting package 39

4.5 To find out advantages and disadvantages of using accounting packages 42

4.6 To identify the factors those hinder the effective usage of the application packages in DFCU

ltd 44

4.7 The factors considered when choosing the application package to the organization like

DFCU 45

CHAPTER FIVE 47

SUMMARY, CONCLUSIONS, AND POLICY IMPLICATION 47

5.0 Introduction 47

5.1 Findings of the Study 50

5.2 Conclusion 51

5.3 Recommendation 52

5.4 Limitation of the Study 52

5.5 Areas of further Research 53

REFERENCES 54

APPENDICES 56

ABSTRACT Many Companies, organizations, and NGO’s has established the use of Computers as well as the accounting packages that will help them in preparation of different books of accounts like, general ledger. account receivable, account payable as well as inventory control, these books will help them in preparation of financial statements. Larger firms may choose to implement a customized solution which integrates a vast amount of data from many different departments. For smaller firms often choose an off the shelf product. Emergence of computers has enhanced the efficiency and effectiveness of accounting package and data storage in all financial institutions. Before initiation of computers most organization had various information systems. The introduction of computer technology in organizations facilitates the implementation of centralized information system to all departments of an organization. In this study the researcher examined the efficiency of accounting packages used by DFCU Nsabya branch in terms of speed, accuracy, scalability and power as well as factors affecting the application of accounting packages and finding the solution so as to minimize the risk involved. The data collection methods used by the researcher were interview and questionnaire. The report was written to summarize all the activities and information gathered during data collection. Simple randomly sampling from staffs in Accounts and Finance Department. sampling method, and purposive saivpling to other staffs engaged in accounting package will be used as the main sampling techniques.

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APA

Frontiers, E. & CHARLES, A (2022). Application of Accounting Package On Provision of Financial Statements; A Case of Dfcu, Nsambya Branch. Afribary. Retrieved from https://afribary.com/works/application-of-accounting-package-on-provision-of-financial-statements-a-case-of-dfcu-nsambya-branch

MLA 8th

Frontiers, Edu, and AGONZA CHARLES "Application of Accounting Package On Provision of Financial Statements; A Case of Dfcu, Nsambya Branch" Afribary. Afribary, 05 Aug. 2022, https://afribary.com/works/application-of-accounting-package-on-provision-of-financial-statements-a-case-of-dfcu-nsambya-branch. Accessed 07 Aug. 2022.

MLA7

Frontiers, Edu, and AGONZA CHARLES . "Application of Accounting Package On Provision of Financial Statements; A Case of Dfcu, Nsambya Branch". Afribary, Afribary, 05 Aug. 2022. Web. 07 Aug. 2022. < https://afribary.com/works/application-of-accounting-package-on-provision-of-financial-statements-a-case-of-dfcu-nsambya-branch >.

Chicago

Frontiers, Edu and CHARLES, AGONZA . "Application of Accounting Package On Provision of Financial Statements; A Case of Dfcu, Nsambya Branch" Afribary (2022). Accessed August 07, 2022. https://afribary.com/works/application-of-accounting-package-on-provision-of-financial-statements-a-case-of-dfcu-nsambya-branch