This research is on the challenges of cost benefit analysis in a computerized Accounting System. The purpose of this study is to enquire into the viability or other wise of computerized accounting Systems, with particularly reference to coca-cola Bottling Company, Enugu. The objective of the study is to ascertain if the introduction computer system may lead to industrial unrests as workers resists change. Also, the method used in this study is chi-square while the findings in the process of this research work is the implementation of computerization of coca-cola bottling Plc Enugu and also the recommendation for the work is that the company should motivate its personnel more on the use of computers.
Thw Computer has been defined as electronic machine that accept data (input) processes it to produce useful result (output). It is also capable of storing information. It uses predefined instruction known as computer programs to execute the task in order to produce output. Computers technology has helped in no small measure in activating the problems encountered using the manual tools and machines. Computerization ranks prominently in the commanding heights of economic activities of the business world. Through computerization, industries have been able to control their cost of production heading to high profit margin, sustainable growth and development, accurate and lasting records. The manufacturing industry has come a long way from the manual era of machine operation to modern day science 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 accounting records, fantastic computer designs etc. We have various types and categories of computers which perform diverse functions; however, the one of interest and relevance to this research 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 years ago and used to add, subtract, multiply and divided . This was followed by the counting invented by John Napier in the 1600’s. Blaise Pascal followed closely with a mechanical machine that could do similar jobs more efficiently. GOH friend Von Liebritz invented a more improved version of Pascal’s machine. Other great mathematicians and investors like Jacuard, Babbage, Grace Hopper etc made greater strides towards, building calculating machines. An American Herman Hoterrith, developed the mechanical members calculator which was used to read punched cards and greatly facilitated the sun of 1890 in that country. Hoterrith founded a company to sell his inventions and today that company has grown to become IBM which is (international Business machines) the largest computer company in the world. The era of modern computers began sometime in the period preceding the end of the Second World War when the vast calculations required in the production of the first bomb necessitated he buildings of a giant computer which operated on vacuum tubes. This computer was huge and expensive and only affordable by few. Thus, from this period on wards, with the introduction of new technologies, computer became smaller in size and cheap as well: such that today we have the microcomputer which costs a few thousand naira and can do job undreamed of forty years back. There are three classes of computers now in use viz;
iii. The mainframe computer is large and powerful. They have higher processing speed and capability than both mini and micro computers. These are used by large organization with immense data processing deeds. Computers can be used in several fields as widely diverse as law, medicine and architecture. However, the principal concern within the scope of this research work is a data processing and analysis for business organization. In the past thirty year or so, there has been a tremendous advance in technology of automation. The introduction and adaptation of the computer to business has led to revolutionary changes in data processing methods in advanced countries. These changes are fast spreading to the developing world. In present day Nigeria, there is a noticeable and marked trend towards computerization of computers, often with little or no back-up capability often with little or no hack-up capability as guards’ maintenance and utilization. Companies are begin attracted to this computerization possibly with the belief that it is sound business to sight coupled with the feeling that it is in vogue for a company to say it is fully computerized. In answering the question why any organization should consider the transition to computerized accounting system Larry J. Campbel (1979) observes that research by behavioral scientists reveal that he fundamental reasons for transferring to some form of mechanization in information systems are the same as any other tact of an enterprise. Companies turn to mechanization because. Company growth exceeds the capability to expand the present processes by any other reasonable scheme.
The problem of this study includes:
1.3 STATEMENT OF THE OBJECTIVE
1.4 RESEARCH QUESTIONS
The followings are the research questions Research questions help in obtaining adequate information within the preview of any chosen topic. Answers to questionnaire will help in the discussion of a research question, some of the research questions which will help to achieve the objective of the study Viz: 1. Is the turnover of workers higher 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 very expensive to maintain? Yes/No 4. If yes, what is the maintenance cost of your computers yearly? 5. Is the usage of computers advantageous to your company? Yes/No.
These are problems that put together all the concepts construct, and variables and give the researchers a clear view of the problem under study. That is, they are prepositions put forward by a researcher to enable him or her solve the problem(s) formulated and to achieve the objectives of the research exercise. The following research, hypothesis are used where H0: Stands for Null hypothesis
H1: Alternative hypothesis
H0: Cost benefit analysis, computerized accounting system does not helped coca-kola bottling company Plc Enugu. H1: Cost benefit analysis, computerized accounting system helped coco-kola bottling company Plc Enugu.
H02: Here is no programme of computer training skills and acquisition. H2: There is programme on computer training skills and acquisition. H03: Computerized accounting system has no impact on the staff of coca-kola bottling company Enugu.
H3: Computerized accounting system has impact on the staffs of coca-kola bottling company Enugu.
H04: The staffs of coco-kola bottling company does not benefit from the cost of using computerized accounting system.
H4: The staffs of coca-kola bottling company benefit from computerized accounting system.
1.6 SCOPE OF THE STUDY
The challenges of cost benefit analysis, in a computerized accounting system. The project is restricted to coca-cola bottling company plc 9th mile, Emene, Enugu State.
1.7 SIGNIFICANCE OF THE STUDY
1.8 LIMITATIONS OF THE STUDY
During the course of this study, some constraints were encountered by the researcher which limit the scope of and details of the study. The constraints were numerous as they prove formidable and able to determine to some external the ultimate outcome of the study. 1. Time was one of the constraints, the little time I have as a student had to be apportioned between studies, research and other social endeavors since all the these activities are very important to my well-being none had to be forgone.
1.9 THE COST BENEFIT ANALYSIS
1.10 ORGANIZATION OF THE STUDY
This research work is organized in five chapters, for easy understanding, as follows Chapter one is concern with the introduction, which consist of the (overview, of the study), statement of problem, objectives of the study, research question, significance or the study, research methodology, definition of terms and historical background of the study. Chapter two highlight the theoretical framework on which the study is based, thus the review of related literature. Chapter three deals on the research design and methodology adopted in the study. Chapter four concentrate on the data collection and analysis and presentation of finding. Chapter five gives summary, conclusion, and recommendations made of the study.