Download Tag: MANUAL ACCOUNTING SYSTEM

ABSTRACT This research study is a comparative analysis of software accounting package and Manual accounting system. It focuses on five selected computerized companies. In the course of the study, the researcher investigated the operations, compositions, characteristics and nature of software accounting package and manual accounting system with a view in finding out which of the two systems is better in carrying out accounting and financial operations. Data were collected through ...

INTRODUCTION 1.1 BACKGROUND OF THE STUDY Accounting system according to an Italian monk, Luca Pacioli (1491), is the combination of personnel records and procedures that a business uses to meet its need for financial data. Financial accounting also encompasses the summary of information and presentation of periodic reports such as profit and loss statement and balance sheet. The historical firms of accounting were of different degree of sophistication according to ...