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The impact of computer in processing accounting information in Nigeria commercial banks - case study of Union Bank Plc

 Department: Banking and Finance  
 By: usericon Victech  

 Project ID: 8360
   Rating:  (5.0) votes: 1
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   Price:₦5000
Abstract
This study investigates the impact of computerization on the processing of accounting information within commercial banks in Nigeria, specifically focusing on Union Bank PLC. With the increasing reliance on technology in financial services, understanding the role of computers in enhancing efficiency, accuracy, and data management is crucial. The research employs a mixed-methods approach, combining quantitative surveys of banking staff with qualitative interviews to gather insights into operational changes and challenges faced during the transition to computerized systems. Findings indicate that the integration of computer technology significantly improves transaction speed, reduces human error, and enhances data security. However, challenges such as inadequate training and resistance to change among staff were noted as barriers to optimal utilization. The study concludes that while the impact of computerization is overwhelmingly positive, ongoing investment in staff training and system upgrades is essential for maximizing benefits. Recommendations for policy and practice are provided to help banks in Nigeria fully leverage technological advancements in accounting processes....
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