ACCOUNTING INFORMATION SYSTEM IN A TRANSPORT ORGANIZATION. (A CASE STUDY OF NIGERIA RAILWAY CORPORATION)

  • Type: Project
  • Department: Accounting
  • Project ID: ACC0548
  • Access Fee: ₦5,000 ($14)
  • Chapters: 5 Chapters
  • Pages: 96 Pages
  • Methodology: Chi Square
  • Reference: YES
  • Format: Microsoft Word
  • Views: 3K
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ACCOUNTING INFORMATION SYSTEM IN A TRANSPORT ORGANIZATION.
(A CASE STUDY OF NIGERIA RAILWAY CORPORATION)
PROPOSAL

This research work aim at minimizing the problem of poor accounting system which leads to efficiency in the transport organization. This research will cover general  instruction  and overview of the  subject including the statement of problem which is the  fact that accounting information system is made, for improvement of efficiency in the transport organization. The data for this research will be collected from both primary and secondary sources. A questionnaire  will be prepared and distributed to a few staff member of the corporation. This research work just like every other research work consists of five chapters with the following components. Chapter one: introduction background of the study statement of problem , significance of the study hypothesis and  assumption of the study Chapter two: Literature review theory accounting information system the importance of accounting information criticisms of accounting information system accounting process and source document , application of computer system account department in the Nigeria Railway corporation disagreement Between  account department  and the  heads of department. Chapter  three : Research methodology population sampled data source, data  analysis technique,
Chapter four Ata presentation and interpretation and testing hypothesis Chapter five: finding summary recommendation and conclusion.
ABSTRACT
 Accounting information system in a transport organization has been a great problem to the third world countries in general, which Nigeria as a country has its own share.This research work, “Accounting information system in a transport organization [ a case study of Nigerian Railway corporation]”, suggests ways of minimizing the effects of the problems of inefficient accounting information. It is believed that an improvement in this regards will enhance the performance of the corporation.          To enable the researcher find solution to the problem of this study, some questions were raised in form of hypothesis, which were developed comprising the null and alternative hypothesis.Ho :- Accounting information is dispensable in the management of Nigerian Railway corporation.Hi :- Accounting information is dispensable in the management of Nigerian Railway corporation.Ho :- The activities of unqualified accounting officers are responsile for the poor performance  of the accounts department in NRC.HI :- The absence of computer system application dose not affect the timeliness, accuracy and availability of accounting information in N. RC. AS A result of detailed analysis, study  has reveal so many important phenomena in respect to accounting information system in Nigeria Railway corporation.  The  method of data collection were primary and secondary  methods. The data collected was  analyzed by means of chi – square testing of hypothesis.With respect to the  research findings, the following  recommendations are made to the possible ways of improving the efficiency of the accounting information in NRC1.There should be a periodic training to enhance the performance of staff of accounts department of NRC
2. The corporation should employ the services of  qualified and competent accounting personnel.
3. There should be  the introduction of computer system application in account department of  NRC.
4.There should be payment of salaries to the employees as at when due.
 TABLE OF CONTENTS
 CHAPTER ONE
Introduction
Background of study
Statement of the problem / research question
The purpose / Aim of the study
Statement of study
Significance of study  
Scope limitation and constrains of the study.
Definition of terms
CHAPTER TWO
LITERATURE REVIEW
The concept of Accounting information system
The importance of Accounting information
The user of Accounting information
Criticisms of Accounting information system in Nigerian Railway corporation
The output of an information system and the users
The outline of the information Generation process and source Documents.
Application of computer systems
Account Department in the Nigerian Rail-way corporation Officers of the Accounts Department
disagreement between Accounts officers and managing/heads of Departments.
Accounting system in the Nigerian Rail-way corporation.
CHAPTER THREE
3.0      RESEARCH METHODOLOGY
Population sampled
Data sources
Data Analysis Technique
CHAPTER FOUR
DATE PRESENTATION AND INTERPRETATION
TESTING Hypothesis
CHAPTER FIVE
Summary of Findings, Recommendation and conclusion
5.1 Summary
5.2 recommendations
5.3 conclusions
      References
      Questionnaire
CHAPTER ONE
 INTRODUCTION
1.1       BACKGROUND OF THE CORPATTION
            The Nigeria Railway corporation (NRC) has been in existence for decides. It is regarded as the largest transport corporation in Nigeria and  has a high network operations. It is  alms are spread to the six geo political zones in Nigeria. The Nigeria railway corporation that looks like an old man today was as old as a day old body far decades ago. It had her birth in 1898, that is, one hundred and seven years ago. This happened in Lagos due to the approval by the Lagos Government.
Today, the existence and services of Nigeria railway corporation Eastern Division is one of the division In Nigeria. This Division covers the entire Eastern part of Nigeria. The corporation camer initial  existence in the Eastern part of  Nigeria in the year 1913. Thee initial place was harbour that is now called port-Harcourt in 1915 and ran a new railway to the near by coal mines. The discovery of coal ion Enugu and a potential deep water harbour found 64km from the sea, up the harbour bonny river led to the  extension of Nigerian railway corporation into Enugu.
The eastern line was extended north wards in 1924. The line from Kaduna joined that from Enugu near Kafarchan in 1926. The 910.4 km line (the line that run from the East to the Northern part of Nigeria was opened to traffic in 1927. The Marudai bridge was completed in 1923. A rail of 100.8km was built to js, on the Bauchi, plateau. North west Gusau was connected with Zaria and an extension to kauna Namoda in 190. By 1954 the railway density of 9.0-44.8km per thousand. The system was a single track of 3 feet 6 in changuag, except for the Bauchi light railway, which was 2 feet, 6 inches Guage.
During the above stated periods, the Nigerian railway corporation held a premier position in the transportation industry in Nigeria, carrying almost all traffic for exports from the hinter lands to the coasts and imported manufactured goods coming into Nigeria. The Railway was commanding sixty six percent of the transportation in the transport industry in 19388- 19398, sixty three percent in 1948- 49 and sixty one percent in 1952 – 1953.
Ever since 1898, the Nigeria railway corporation has contributed immenably towards the improvement of social  life and the development of the national economy. This is through to be extended to every part of the country that is the advantages which would lead to permanent prosperity confident was such an ultimat5e triumph of the railways.
However, regardless of the huge success made by the corporation, it is facing a hard time.  
STATEMENT OF PROBLEM     
      Nigerian railway corporation which dominated the transport sector of the economy in the sixties  is presently being delegated   by other means of transport  such as road; sea; etc. transport. The corporation  has lost her passengers  and freight mainly to road transport. This is as a result of the inability of the corporation to compete effectively in order to meet the age-longed challenges.
Ordinarily, there should have been an even growth in both road and railway transport; but the  rail  transport seems neglected. The truth of the matter is not neglect par se, but a problem of cash flow difficulty and management. These affect the purchase of spare par; repairs, payment of salaries, inadequate infrastructure support and enhance services rendering.
    Given the above condition of the Nigerian Railway Corporation in the nations transport industry, the problem which look for detailed analysis and solution includes the following questions;
1.is the accounting information used in the corporation adequate for management’s short and long term plans?
2. Have the accounting officers in the corporation the needed professional skill to cope with demands of their job?
3.is there any serious effort made by the corporation to boost operation?
4.Do the accounting officers perform their duties without the interference of the management?
5.What is the mode of appointing the chief accounting f the corporation?
     Answers to these  problems or questions above constitutes the basic problem of the researchers work.
STATEMENT OF PURPOSE
      Bearing in mind the aforementioned problems study is aimed at finding out among other things  such as:-
1.The organization of accounts department in Nigeria Railway corporation with particular interest in the Eastern division of the corporation and how the  accounts department contributes to the achievement of overall goals f the corporation.
2. Whether the accounting information is actually one of the effective management tools in the Railway Corporation.
3. Whether the accountants in the corporation adequately perform their duties in conformity with the statement of accounting standard  [SAS].
4.what are the tools  of the accounts department to the performance of the individual workers  in terms of their output.  
1.4. STATEMENT OF HYPOTHESIS.
1.           Ho:- Accounting information is indispensable in the management of Nigeria Railway corporation.
2.           Ho:- The activities of unqualified and incompetent accounting officers are not responsible for the poor  performance of the accounts department in NRC.
3.           Ho:- The absence of computer system application affects the timeless, accuracy and availability of accounting information in NRC.
Hi: The absence of computer system  application dose not effect the timeliness, accuracy and availability of accounting information in NRC
1.5. SIGNIFICANCE OF THE STUDY
       The role of accounting information in the management f large business organization such as can not be over – emphasized. It is based on the fact that the research it to study and appraise. Accounting information system as a tool management using the URC and possible ways of minimizing the problems for better and enhanced performance in the corporation.
     The knowledge about these problems and their way out will help remedy other transport corporation in similar  state. this study is also envisaged to make recommendation that would boost the operational performance f accounts  department in the Nigeria Railway corporation if being implemented.
  Beside, the above significance areas of this study, this work is to certify the condition for the award of HND certificate and as well serve as a term of reference for those who may be interested.
1.6.            DEFINITION OF TERMS
      FREGHTS: This is the volume f revenue acquired by all haulage of goods by the good train.
     PASSENGERS’ FARE: This comprised of the returns made from ticket sales and penalties by defaulting passengers.
     ROLLING STOCK: This include the entire carrying system which is made up of the locomotive engine, coaches, wagons, [both covered and uncovered] and tanks. They are used in the haulage of goods and in carrying passengers.
    LOCOMOTIVE ENGINE : This is the engine mechanism at the head of the rolling stock that pulls them along the track in the movement of goods and passenger’s trains.
   COACHING: These are revenue from country’s  produce, luggage, parcel and livestock.

ACCOUNTING INFORMATION SYSTEM IN A TRANSPORT ORGANIZATION. (A CASE STUDY OF NIGERIA RAILWAY CORPORATION)
For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

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  • Type: Project
  • Department: Accounting
  • Project ID: ACC0548
  • Access Fee: ₦5,000 ($14)
  • Chapters: 5 Chapters
  • Pages: 96 Pages
  • Methodology: Chi Square
  • Reference: YES
  • Format: Microsoft Word
  • Views: 3K
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    Details

    Type Project
    Department Accounting
    Project ID ACC0548
    Fee ₦5,000 ($14)
    Chapters 5 Chapters
    No of Pages 96 Pages
    Methodology Chi Square
    Reference YES
    Format Microsoft Word

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