THE COMPUTER AND AUDITING PRACTICE IN NIGERIA THE EFFECTIVENESS OF MONETARY POLICY IN CONTROLLING INFLATION IN NIGERIA

ABSTRACT:

We are in the jet age. Nigeria cannot do without computers. A world that is ever increasing and raised with the quest to improve – one quality of its environment.The aim of this study was to enable auditors to adapt to the computer environment. The chapters run from one to three and justice has been done to this topic.

TABLE OF CONTENT

CHAPTER ONE

1. BACKGROUND OF THE STUDY                              1
2. STATEMENT OF THE PROBLEM                            3
3. OBJECTIVE OF THE STUDY                                  4
4. SIGNIFICANT OF THE STUDY                               4
5. SCOPE AND LIMITATIONS OF THE STUDY             4

CHAPTER TWO

1. LITERATURE REVIEW                                          5
2. ORIGIN OF COMPUTERS                                      5
3. AUDITING IN A COMPUTER ENVIRONMENT           13
4. DIFFERENCES BETWEEN COMPUTERS                  16

AND MANUAL SYSTEM

1. CHANGES IN AUDITING APPROACH                      18
2. INTERNAL CONTROLS IN COMPUTER                    20
3. COMPUTER AND AUDIT PACKAGES                       24
4. FRAUD AND THE COMPUTER                                       24
5.  PROBLEMS IN THE AUDIT OF COMPUTERS           26

CHAPTER THREE

SUMMARY                                                                                                    28

CONCLUSION                                                             29

RECOMMENDATION                                                    30

BIBLIOGRAPHY                                                           3

CHAPTER ONE

INTRODUCTION

BACKGROUND OF THE STUDY

One of the most dramatic events in the twentieth century has been the development of computers. Because of their capability of extending manpower to perform mental tasks and provide imaginative services. Effective use of the computers present an excellent challenge to persons who are not unanalytically inclined, such as business executives, accountants and auditors.

The challenge is not only to explore the use of computers, but also to manage their use at the invest cost. The dual objective of this challenge is of particular interest to accounting and auditing practice in Nigeria, since it can explore the incorporation of computer technology into its methodology. Presently, Nigerians cannot do without computers in the business and management sector.

This reached the extent whereby auditors cannot ignore the computer system.