THE ROLE OF INFORMATION TECHNOLOGY IN DEVELOPMENT OF AN EFFECTIVE INTERNAL CONTROL SYSTEM
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
This study was carried out on the role of information technology in development of an effective internal control system using ELALAN Construction Company Nigeria Ltd as case study. To carry out the study, four research questions were posed. The study adopted a descriptive survey design. The study was done in Lagos State. The population of the study comprised of all the staff of ELALAN construction Company. The population size of the study was 117. The instrument for data collection in this study was structured questionnaire. Data collected were analyzed using frequency Table. While the hypothesis were tested using Chi-square statistical tool SPSS v23. The major findings of the study disclosed that the importance of information technology in internal control system of a business which include; Easy access to data and informations; Helps to establish effective internal communication system; It is the bedrock through which risk assessment is made easy and It plays a very vital role in fraud prevention and detection; There are four levels to which ICT can be applied in developing an effective internal control system in a typical construction firm. The various levels are; Environmental control level, Communication Level, Risk Assessment Level and Observation and monitory Level. It therefore concluded that Information Technology is useful in the development of an effective internal control system in construction firms in Lagos. In addiction, the roles and the space covered by ICT in the cost of building and executing internal control system is highly paramount due to its ability to analyze data, storage data, retrivial data, compile and disseminate information and so many other immense relevant features of ICT. From the findings, the researcher recommended that; construction organizations should at all cost necessitate and maintain staff’s training to help them advance their ICT skills that contribute the effective development of internal control in the organization.
Related Project Materials
EXPERT SYSTEM FOR MOBILE SOFTWARE RELIABILITY
Statement of the Problem
- Mobile phone users usually encounter challenges in the usage of the device due to softw...
Read more
THE EFFECT OF MARKETING PROMOTION ON THE EFFICIENCY OF BANKS
Background of the study
The Nigerian banking sector has changed tremendously since the introduction of the structural ad...
Read moreDEVELOPMENT OF BAOBAB/SISAL REINFORCED LOW DENSITY POLYETHYLENE HYBRID COMPOSITE
Abstract
In this work, the properties of baobab/sisal fibre reinforced low density polyethylene hybrid composites were s...
Read moreMANAGEMENT AND USE OF LEGAL DEPOSIT MATERIALS BY LIBRARIES FOR EFFECTIVE USER SUPPORT IN THE NATIONAL LIBRARY OF NIGERIA
Background Of The Study
Different libraries exist for different purposes. These purposes include functi...
Read moreIMPACT OF RAIL TRANSPORT DEVELOPMENT ON TOURISM PERFORMANCE IN NIGERIA
ABSTRACT
The use of railway transport system is becoming widespread in Nigeria with Government adopting new strategy and...
Read moreTHE ROLE OF EARLY CHILDHOOD EDUCATION IN TEACHING WORLD HISTORY
ABSTRACT: This study examined the role of early childhood education in teaching world history to young children. Objectives included assessing...
Read moreAN ASSESSMENT ON THE IMPACT OF PERIODIC ASSESSMENT TEST ON THE ACADEMIC PERFORMANCE OF SENIOR SECONDARY SCHOOL STUDENTS
Background of the Study
Exams and assessments are an important part of our educational program. They ar...
Read moreTHE IMPACT OF FOREIGN DIRECT INVESTMENT ON NIGERIA ECONOMIC GROWTH (1980 – 2010)
ABSTRACT
The study examined the impact of foreign direct investment (FDI) in Nigeria over the period 1980 to 2010. The study employed mul...
Read moreTHE IMPACT OF MINIMUM WAGE FLUCTUATION ON GROWTH OF NIGERIAN ECONOMY
ABSTRACT
This research work investigates the impact of minimum wage fluctuation on growth of Nigeria economy. Determinants of labour mark...
Read moreTHE PREREQUISITES OF A VALID WILL A CRITICAL ANALYSIS
STATEMENT OF THE PROBLEM
Research has found that there are so man...
Read more
