Browsing by Author "Amanigaruhanga, Benjamin"

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    The effects of computerized accounting on financial performance in banks: a case study of Centenary Bank, Ishaka branch
    (Kampala International University, College of Economics and Management, 2018-09) Amanigaruhanga, Benjamin
    This study is sought to examine the effects of computerized accounting on financial performance in banks. The study used a case study of Ishaka Branch centenary Bank, research design and both quantitative and qualitative methods were used to collect data. The sampling was purposive and simple random sampling techniques that were used to collect data from respondents of any category. The research findings indicated that the possibility of making errors as a result of computerized accounting is generally low. The Findings also indicated that computerized accounting affects profits making at Centenary bank. This was reached upon through an interview with Head of IT Department of lshaka branch. He sighted some areas where computerized accounting assists in profit making like aiding in forecasting, and accounting financial ratios. Findings indicated that quality financial reports are as a result of the use of computerized accounting systems but if there is one thing to reckon over and over, it is the fact that there is need to keep the standard high as already set. And Lastly, Findings showed that there is cost reduction as a result of computerized accounting. This is affiliated to the cost reduction as was highlighted through an interview with the Head of IT department.