Accounting as an Aid to Internal Control System

Accounting as an Aid to Internal Control System

One major problem of management is planning but planning is useless if it is not implemented. And the success of any plan is based on adequate control and monitoring in order to achieve the required objective.Therefore any organization wishing to conduct it business in an orderly and efficient manner and to produce reliable financial accounting information for its own and other use, needs some controls sot minimize the effect of the inherent limitation [Read more…]

The Effects of Computer on the Accounting Profession

The Effects of Computer on the Accounting Profession

There has been a lot of observations and comments on the effect of computer as it relates to the accounting profession in Nigeria. According to professor Longe “Computers are being used to assist in the management of major areas of the computers are under utilized and in several areas the uses are yet rudimentary”. In the accounting yet rudimentary”  story is the same.  It has, therefore becomes necessary to know the effect of computer on the accounting profession, to determine whether computer does have effect on the accounting professional and perform task with maximum speed and accuracy which will make the job of the account staff a lot easier or they are under utilized, despite the immense benefits derivable from their optimum utilization. [Read more…]