Payroll Accounting

5425 WordsJan 28, 201122 Pages
MZUMBE UNIVERSITY FACULTY OF COMMERCE A RESEARCH PROPOSAL ON; EVALUATION OF THE EFFECTIVENESS OF THE COMPUTERISED PAYROLL ACCOUNTING SYSTEM A CASE STUDY AT THE MINISTRY OF HOME AFFAIRS DAR ES SALAAM BY HASSAN MOHAMED HANGAI BACHELOR OF ACCOUNTANCY AND FINANCE (B.A.F) OCTOBER 2010 A RESEACH PROPOSAL TO BE SUBMITTED IN THE PARTIAL FULFILLMENT OF THE REQUIREMENT FOR THE AWARD OF A DEGREE ON BUSINESS ACCOUNTANCY AND FINANCE AT MZUMBE UNIVERSITY MOROGORO-TANZANIA 1 TABLE OF CONTENTS 0.0 MEANING OF TERMS…………………………………………………………..3 1.0 CHAPTER ONE…………………………………………………………………...4 1.1 Backgrounds to the research problem……………………………………………...4 1.2 Statement of the problem…………………………………………………………..5 1.3 Objective of the…show more content…
The closing process of accounts at the end of the period can also be done automatically by the computers. Human judgments are also required to analyze the data for entry in the computer system correctly. Additionally the Accountant’s knowledge and judgment are frequently required to determine the adjustments that are needed at the end of reporting period. The mechanics, of the system however can be easily handled by the computer. 1.2 STATEMENT OF THE PROBLEM Most of Government’s departments in Tanzania experienced problems in processing payroll information, this result into inefficient operation of the organization and lager amount of loss. For many years payroll data was processed manually but in recent year most of organization transforms the payroll data processing from manual to Computerized environment taking into account the number of items involved and the huge amount of money paid by the organization through payroll. In any organization payroll is one of most expenses in the organization, special attention has to be paid to this expense. Many frauds are committed or irregularities are located in the payment of salaries and wages. Companies have suffered considerable losses because responsible officials place names of none existing workers or already died workers with the intention of pocketing the 4 money for themselves, for example there ware
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