IMPACT OF AUTOMATED ACCOUNTING SYSTEM ON PAYROLL PREPARATION IN SOME SELECTED LARGE ORGANISATIONS

This research project is aimed at studying the impact of automated accounting system on
the payroll preparation in large organisations selected from both Lagos and Ota.
In an attempt to study the impact of automated accounting system on payroll preparation;
data were collected through administration of questionnaires to various large
organisations located in Ota and Lagos. The data were analysed and average mean score
were. The four hypotheses were tested using correlation co-efficient, analysis of variance
(ANOVA), Mean score and using goodness of fit test (chi-square).
The study showed that computerisation is an effective tool of communication and achievement of organisational goals;  however majority of the respondents remained indifferent as to whether computerisation reduces the labour force. The result of the hypothesis tested also showed that application of modern computer packages may not necessarily bring permanent solution to accounting and payroll processing problems in organisations. The causes of errors, frauds and irregularities etc in many organisations had been traced to unscientific and/manual mode of processing accounting information.
This has resulted, on many occasions to a substantial loss of return on investment.
Finally, Conclusion was drawn and recommendations were made based on the findings of
the study.

Table of Contents

TITLE PAGE
DECLARATION------------------------------------    i
CERTIFICATION------------------------------------.  ii
TABLE OF CONTENTS------------------------------ -   iv
ACKNOWLEDGEMENTS------------------------------.  vii
LIST OF TABLES------------------------------------.  ix
ABSTRACT----------------------------------------..  xii

CHAPTER ONE
INTRODUCTION
1.1 Background of the Study----------------------------   1
1.2 Statement of the Problem--------------------------..   3
1.3 Objectives of the Study----------------------------.   5
1.4 Research Questions--------------------------------  5
1.5 Hypotheses of the Study----------------------------   6
1.6. Significance of the Study --------------------------    7
1.7 Justification of the Study-------------------------- -    8
1.8 Scope and Limitation------------------------------   9
1.9 Definition of Terms--------------------------------  9

CHAPTER TWO
REVIEW OF LITERATURE
2.0 Introduction--------------------------------------   11
2.1 Definition of Office Automation Terminology----------..   11
2.2 The Technologies of Information--------------------..   13
2.3 The Accounting System Overview--------------------   14
2.4.0 Computer and Accounting System--------------------  17
2.5.0 Basic Computer Components------------------------  21
2.6.0 General purposes Accounting Packages----------------..  25
2.7.0 What it really means to do Payroll----------------------  28
2.7.1 Payroll Accounting----------------------------------.  28

CHAPTER THREE
RESEARCH METHODOLOGY
3.1 Area of study----------------------------------------.  34
3.2 Research design------------------------------------..  34
3.3 Sample Size and Sampling Procedure--------------------  34
3.4 Research Instrument----------------------------------  35
3.5 Measurement of Variables----------------------------.  37
3.6 Sources and Collection of Data------------------------..  38
3.7 Data Analysis Techniques----------------------------..  39

CHAPTER FOUR
DATA PRESENTATION, ANALYSIS AND INTERPRETATION
4.1 Presentation and Analysis of Data----------------------  40
4.2 Hypotheses Testing and Discussion of results------------.  53

CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATION
5.1 Summary------------------------------------------  63
5.2 Conclusion----------------------------------------  65
5.3 Recommendation----------------------------------..  66
5.4 Recommendation for further studies--------------------  69

BIBLIOGRAPHY--------------------------------------  69
APPENDIX A: QUESTIONNAIRE            72
APPENDIX B: List of major firms used------------------------------------ 76