Computerised Accounting And Financial Reporting A Case Study Of Stanbic Bank Garden City Branch

ABSTRACT

this study was based on computerized accounting and financial reporting at Stanbic Bank,

irden City Branch. The objectives of the study were; to determine the uses of a computerized

counting information system, to find out the pros and cons of computerized accounting to

tancial institutions, and to establish the qualities of financial reports generated by computerized

counting system. The researcher used qualitative and quantitative research designs with a

mple of size 15 respondents. Both primary and secondary data were used and the data

llection methods were questionnaires, observation interviews and investigative procedures.

1e study established that computerized accounting had a great impact on quality of financial

po1is and that many financial statements were generated through the ,fo111puterized accounting

·stem. The findings shows a strong significant positive relationship between the variables

=0.861 **, p>0.01) which implies that computerized accounting and financial repo1iing at

:anbic Bank Uganda are strongly related.

lie computerized accounting system is of a great importance to the running of the company but

also associated with its own weaknesses that hinder efficiency in the company's business

wironment. A continuous culture of utilizing a computerized accounting system is

:commended.

ix