THE IMPACT OF COMPUTER TECHNOLOGY ON ACCOUNTING SYSTEM AND ITS EFFECT ON EMPLOYMENT


THE IMPACT OF COMPUTER TECHNOLOGY ON ACCOUNTING SYSTEM AND ITS EFFECT ON EMPLOYMENT

ABSTRACT

The world over continues to grow in population, size and sophistication Technology. It becomes sector on which the teeming population depends in for knowledge also grows. Accounting System

Be it as it may, the Nigerian situation is such that we, for the state of advantages associated with technological growth have started computerizing most business and educational operation in our higher institutions of learning and business organizations big and small. Two of such organizations are A.G Leventis and Pak – Micro Computer Ltd, which were understudied for the impact of computer technology on accounting system and its effect in employment. Accounting System

The problem, purpose and significance of the study to A.G Leventis and Pak – Micro Computer were considered. Review of existing literature will then follow. The research method made use of diverse research tools were equally employed to analyze data collected. A careful analysis of generated data revealed to the researcher that the use of computer in A.G. Leventis and Pak – Microcomputer was set up ten years ago. Areas of computer application include: Accounting System

1) General accounts

2) Inventory and

3) Payroll

In testing the problem, respondents agreed that computerization led to mass retrenchment of workers. However research revealed otherwise. Accounting System

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