Computerized accounting systems and performance of financial reporting in Bank of Kigali, Kigali Rwanda

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Date
2012-09
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Publisher
Kampala International University,College of Economics and Management
Abstract
This study was based on computerized accounting systems and performance of financial reporting at Bank of Kigali. The objectives of the study were; (i)to determine the profiles of respondent in terms age, gender, rank ,income level and educational level, ,(ii)to determine the level of computerized accounting systems in terms of preparation of accounting document, recording, trial balance in bank of Kigali,(iii) to determine the level of performance of financial reporting in terms of relevance, comparability, timeliness, understandability in bank of Kigali, and(iv) to establish the relationship between computerized accounting system and performance of financial report~ng in bank of Kigali. It employed descriptive correlation design; the population size comprised of 168 respondents out of which a sample size of 118 was got using sloven’s formula. Simple random sampling technique was employed which ensured that respondents were classified according to different departments of tellers, support staff, team managers. A questionnaire was used as a major research instrument which helped to capture opinions perceptions of respondents from selected bank of Kigali. Data was organized, summarized, statistically treated and drafted in tables using the statistical package for social sciences (spss) and Pearson’s linear correlation coefficient and regression analysis were used. The study revealed that computerized accounting systems affect organization’s performance of financial reporting. With the above findings, it was concluded that there was a higher level of computerized accounting systems in terms of preparation, recording accounting documents in bank of Kigali. Therefore it was recommended that bank of Kigali should have a routine system maintenance programs put in place so that the system can get rid of shortfall such as viruses, fraud among others that may
Description
A Thesis presented to the college of higher degrees and Research Kampala International University Kampala, Uganda In Partial Fulfillment of the Requirements for the Degree Master of Business Administration
Keywords
Perfomance, Financial reporting, Computerized, Accounting, Kigali Rwanda
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