CHAPTER ONE

INTRODUCTION

Most business organizations maintain some forms of accounting information system ranging from few accounting records to complicated accounting records both complicated accounting records both manually and electronically operated or computerized accounting information systems.

First, financial information is gotten from source documents such as receipts, invoices, account deposit slips or paying slips from banks. Transactions are then recorded in the General Journals or special Journals and the entrics are posted into the general ledgers or subsidiary ledgers. Many organization maintain different kinds of ledgers, extract trial balance to test the arithmetical accuracies of the account balances in the ledgers. In addition to maintaining the ledgers, some organizations have cash books different kinds. At certain interval or at the end of the year, financial statements are prepared to reveal the true financial position of the firm and to enable the managers know how they performed during the period (Akpakpan, 2002:24).

Government organizations are types of not-for-profit making organizations (Akpakpan, 2002:24). Ministry of Finance, Uyo as government organization has computerized its accounting information system. Hence, this study is conducted to find out problems of the system and make recommendations based on findings. This study will also bring to bare the prospects of computerized accounting information system in their ministry.