Challenges Of Cost Benefits Analysis In A Computerized Accounting System

Challenges Of Cost Benefits Analysis In A Computerized Accounting System

Abstract

This exploration is on the challenges of cost benefit analysis in a motorized Account System. The purpose of this study is to enquire into the viability or other wise of motorized account Systems, with particularly reference to coca- cola Bottling Company, Enugu. The ideal of the study is to ascertain if the preface computer system may lead to artificial restlessness as workers resists change. Also, the system used in this study is chi- forecourt while the findings in the process of this exploration work is the perpetration of robotization of coca- cola bottling Plc Enugu and also the recommendation for the work is that the company should motivate its labor force more on the use of computers.

Chapter One

Preface

Background Of The Study

Computer has been defined as electronic machine that accept data( input) processes it to produce useful result( affair). It’s also able of storing information. It uses predefined instruction known as computer programs to execute the task in order to produce affair. Computers technology has helped in no small measure in cranking the problems encountered using the primer tools and machines. Robotization ranks prominently in the commanding heights of profitable conditioning of the business world. Through robotization, diligence have been suitable to control their cost of product heading to high profit periphery, sustainable growth and development, accurate and continuing records.

The manufacturing assiduity has come a long way from the homemade period of machine operation to ultramodern day wisdom and technology. Within this period, a number of major changes took place in the

business world with significant positive impact on the business world. Notable among these changes are those changes in manipulation of account records, fantastic computer designsetc.

We’ve colorful types and orders of computers which perform different functions; still, the one of interest and applicability to this exploration is the digital type of computer.

The history of the digital computer data back to the Abacus which was intended in China more than a thousand times agone and used to add, abate, multiply and divided. This was followed by the counting constructed by John Napier in the 1600’s. Blaise Pascal followed nearly with a mechanical machine that could do analogous jobs more efficiently. GOH friend Von Liebritz constructed a more advanced interpretation of Pascal’s machine. Other great mathematicians and investors like Jacuard, Babbage, Grace Hopper etc made lesser strides towards, erecting calculating machines. An American Herman Hoterrith, developed the mechanical members calculator which was used to read punched cards and greatly eased the sun of 1890 in that country. Hoterrith innovated a company to vend his inventions and

moment that company has grown to come IBM which is( transnational Business machines) the largest computer company in the world.

The period of ultramodern computers began eventually in the period antedating the end of the Second World War when the vast computations needed in the product of the first lemon needed he structures of a giant computer which operated on vacuum tubes. This computer was huge and precious and only affordable by many.

therefore, from this period on wards, with the preface of new technologies, computer came lower in size and cheap as well similar that moment we’ve the micro computer which costs a many thousand naira and can do job undreamed of forty times back.

There are three classes of computers now in use viz;

1. The micro – computers

2. The mini- computers

3. The mainframe computers

MICRO – COMPUTERS These computers are designed to handle simple data recycling functions; it’s the lowest general

purpose computer. Micro computers are able of handling independent task and don’t led themselves to intertwined network. Some just j contain a keyboard for input entire, where data is reconciled in by an driver of programmes. Others can contain sophisticated input/ affair forms. Micro computers and their speed are designed to be stand alone computer, which means that they operate singly, on they can be part of a network or system. Their memory is rank than that of mainframe or mini computers and their speed of processing data is slower also.

ii. A mini computer – is a small computer relative to mainframe and perhaps be defined as a seated down mainframe, as the processor and peripherals are physically lower. Although the processor may be physically lower, it’s important than the micro computers; several people can make use of the mini computer to do different jobs contemporaneously through a relation channel called the work- stations or outstations. It can be used to in force control, guests regard records and workers payroll. It can

also be used to prepare final accounts of companies using motorized account system.

iii. The mainframe computer is large and important. They’ve advanced processing speed and capability than both mini and micro computers. These are used by large association with immense data processing deeds. Computers can be used in several fields as extensively different as law, drug and armature. still, the top concern within the compass of this exploration work is a data processing and analysis for business association.

In the once thirty time or so, there has been a tremendous advance in technology of robotization. The preface and adaption of the computer to business has led to revolutionary changes in data processing styles in advanced countries.

These changes are fast spreading to the developing world. In present day Nigeria, there’s a conspicuous and pronounced trend towards robotization of computers, frequently with little or no back- over capability frequently with little or no hack- up capability as guards ’ conservation and application.

Companies are begin attracted to this robotization conceivably with the belief that it’s sound business to sight coupled with the feeling that it’s in vogue for a company to say it’s completely motorized.

In answering the question why any association should consider the transition to motorized account system LarryJ. Campbel( 1979) observes that exploration by behavioral scientists reveal that he abecedarian reasons for transferring to some form of robotization in information systems are the same as any other tactfulness of an enterprise. Companies turn to robotization because.

1. Company growth exceeds the capability to expand the present processes by any other reasonable scheme.

2. Technology changes, force different and more computer tactics that can best me mechanized.

3. sweats to cut costs force quests for volition. Added it all these is the demand of data for decision making at a faster speed to meet up with competition.

Statements Of The Problem

The problem of this study includes

1. The problem of artificial uneasiness

2. The problem of obsolesce or unsuitableness for the requirements of the company.

3. The problems of companies not realize the full capabilities of the computer system they’ve installed thereby leading to inefficiency.

4. The problem of company’s data processing operation which are gracious to robotization may be over looked.

Statement Of The Ideal

1. To ascertain if the preface of computer system may lead to artificial uneasiness as workers resists change.

2. To identify the wrong computer systems either in terms of obsolesce or unsuitableness for the need of the company.

3. To determine how companies can realize the full capabilities of the computer systems installed thereby leading to effectiveness.

4. To examine how companies data processing operation can be amenable to robotization so that they can not be over looked.

Exploration Questions

The entourages are the exploration questions

exploration questions help in carrying acceptable information within the exercise of any chosen content. Answers to questionnaire will help in the discussion of a exploration question, some of the exploration questions which will help to achieve the ideal of the study Viz

. Is the development of workers advanced now that you use computer system? Yes no.

2. Is the high cost of procurement and installation yielding good returns? Yes No.

3. Are your computers veritably precious to maintain? Yes No

4. still, what’s the conservation cost of your computers yearly?

If yes.5. Is the operation of computers profitable to your company? Yes No.

exploration thesis

These are problems that put together all the generalities construct, and variables and give the experimenters a clear view of the problem under study. That is, they’re prepositions put forward by a experimenter to enable him or her break the problem( s) formulated and to achieve the objects of the exploration exercise.

The following exploration, thesis are used where

HO Stands for Null thesis

Hi Indispensable thesis

1. Ho Cost benefit analysis, motorized account system doesn’t helped coca- kola bottling company Plc Enugu.

Hi Cost benefit analysis, motorized account system helped coco- kola bottling company Plc Enugu.

2. Ho Then’s no programme of computer training chops and accession.

Hi There’s programme on computer training chops and accession.

3. Ho Computerized counting system has no impact on the staff of coca- kola bottling company Enugu.

Hi Motorized account system has impact on the staffs of coca- kola bottling company Enugu.

4. Ho The staffs of coco- kola bottling company doesn’t profit from the cost of using motorized account system.

Hi The staffs of coca- kola bottling company benefit from motorized account system.

Compass Of The Study

The challenges of cost benefit analysis, in a motorized account system. The design is confined to coca- cola bottling company plc 9th afar, Emene, Enugu State.

SIGNIFICANCE OF THE STUDY

1. The study will be of immense benefit to the company by perfecting the use of computer system.

2. The perpetration of robotization of coca- cola bottling company Enugu has significantly saved cost and has increased profit maximization.

3. The robotization of coca- cola bottling company Enugu has led to reduction in labour costs.

4. The preface of computer did both undermine workers morale.

Limitations Of The Study

During the course of this study, some constraints were encountered by the experimenter which limit the compass of and details of the study. The constraints were multitudinous as they prove redoubtable and suitable to determine to some external the ultimate outgrowth of the study.

1. Time was one of the constraints, the little time I’ve as a pupil had to be apportioned between studies, exploration and other social trials since all the these conditioning are veritably important to my well- being none had to be forgone.

2. Backing a exploration of this nature isn’t easy, plutocrat is demanded to sought for material, print questionnaires, and post to repliers and to collect the report. Finance being a dread resource was a veritably big constraint to the smooth conduct of this study.

3. The uncooperative station of some people and due to the duty of secretiveness they owe to their company staff makes the not be make available some important fact.

The Cost Benefit Analysis

1. The benefit of an association using a motorized account system is important because the association will be streamlined in its cost of using computer systems for its business.

2. An association will profit from the cost of using computers systems whereby the association will no longer have to spend important plutocrat on workers to be employed in the cost of using homemade system in the association because there’s no computer system to make their work briskly.

3. The cost benefit which an association will profit from using a motorized account system will include the association serving from the account of the association not having crimes like in the case of using homemade system. In using a motorized account system, an error can not do because the computers will be there to descry error.

4. The association will also profit from using a motorized account system if in the case of polarize association whereby their staff can at home it they need anything, from the

office, they can go to the computer and get the information they need from their association to ease the stress of them going to the office to get information.