In the past record keeping systems among financial institutions (commercial banks) mainly
focused on finance function such as budgeting and forecasting. (Miller, 1992). However, with
innovation of modern technology, it involves a range of information about human resource data,
credit performance of clients, credit history especially with aid of CRBS (credit reference bureau
standards), financial institutions among others (according to GAP 2002). Prior to the information
20 century, commercial banks took the trouble to laboriously collect data fi:om none automated
sources due to kick store data, computing resources and properly analyze data. The offer forced
commercial banks to make decisions that were primarily based on the institutions. (David, 2001),
Around 8,000 B.C, the people in Mesopotamia began using clay tokens that had different shapes
and markings used for such functions as counting and record keeping. These numerical notations
gradually combined with pictures. Sometime before 3000BC, this combination emerged as the
writing system known as cuneifonn, which used wedge-shaped characters. Scholars believe
cuneiform was the first writing system. So although record keeping has been around for a long
time, it was not until the masses became literature that it really took off.
In the late nineteenth century, European and North American governments began creating even
more interventions in society that made central administrations grow and compounded the
increasing mass of paper. Private organizations had similar developments that gave birth to new
forms of records management. This connected to F.W. Taylor's new philosophy of management
based on systems and efficiency.
Research, A. & FRANKLINE, K (2021). Record Keeping And Financial Performance Of Commercial Banks In Western Uganda: A Case Study Of Centenary Bank, !Banda Branch, Ibanda District.. Afribary. Retrieved from https://afribary.com/works/record-keeping-and-financial-performance-of-commercial-banks-in-western-uganda-a-case-study-of-centenary-bank-banda-branch-ibanda-district
Research, AfroAsia, and KANSHME FRANKLINE "Record Keeping And Financial Performance Of Commercial Banks In Western Uganda: A Case Study Of Centenary Bank, !Banda Branch, Ibanda District." Afribary. Afribary, 11 Jun. 2021, https://afribary.com/works/record-keeping-and-financial-performance-of-commercial-banks-in-western-uganda-a-case-study-of-centenary-bank-banda-branch-ibanda-district. Accessed 29 Jul. 2021.
Research, AfroAsia, and KANSHME FRANKLINE . "Record Keeping And Financial Performance Of Commercial Banks In Western Uganda: A Case Study Of Centenary Bank, !Banda Branch, Ibanda District.". Afribary, Afribary, 11 Jun. 2021. Web. 29 Jul. 2021. < https://afribary.com/works/record-keeping-and-financial-performance-of-commercial-banks-in-western-uganda-a-case-study-of-centenary-bank-banda-branch-ibanda-district >.
Research, AfroAsia and FRANKLINE, KANSHME . "Record Keeping And Financial Performance Of Commercial Banks In Western Uganda: A Case Study Of Centenary Bank, !Banda Branch, Ibanda District." Afribary (2021). Accessed July 29, 2021. https://afribary.com/works/record-keeping-and-financial-performance-of-commercial-banks-in-western-uganda-a-case-study-of-centenary-bank-banda-branch-ibanda-district