Computerised Accounting Systems and Performance of Financial Reporting in Bank of Kigali, Kigali Rwanda

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 affect the system operations.

 TABLE OF CONTENTS

PreHm~naries page

DECLARATION A

DECLARATION B ii

APPROVAL SHEET iii

DEDICATION iv

ACKNOWLEDGEMENT v

ACRONYMS v

LIST OF TABLES vii

ABSTRACT X

Chapter

ONE THE PROBLEM ANDITSSCOPE 1

Background of the Study 1

Statement of of the Problem 2

Purpose of the Study 3

Research Objectives 3

Research Questions 4

Null Hypotheses 4

Scope of the study 4

Significance of the Study 5

Operational Definitions of Key Terms 6

TWO REVIEW OF RELATED LITERATURE 8

Concepts, Opinions, Ideas from Authors! Experts 8

Theoretical Perspectives 17

Related Studies 21

THREE METHODOLOGY 26

Research Design 26

Research Population 26

Sample Size 26

Sampling Procedures 27

Research Instrument 27

Validity and Reliability of the Instrument 27

Data Gathering Procedures 27

Data Analysis 29

Ethical Considerations 29

Limitations of the Study 30

FOUR PRESENTATION, ANALYSIS AND INTERPRETATION OF

DATA 31

FIVE FINDINGS, CONCLUSIONS AND RECOMMENDATIONS 40

Findings 40

Conclusion 41

Recommendations 42

Areas of Further Studies 43

REFERENCES 44

Appendix I:Transmittal Letter 46

Appendix II:Clearance from Ethics Committee 47

Appendix III:Informed consent 48

Appendix IV:Research instrument 49

Appendix IVA:Face sheet: demographic characteristics of respondents 51

Appendix IVB:questionnaire on level of computerised accounting systems 52

Appendix IVC:Questionnaire on level of performance of financial reporting 54

Researcher’s Curricu I urn Vitae 56