EFFECTIVE – INTER –BRANCH ACCOUNTING SYSTEM

ABSTRACT:

The focus of this study is to asses the effectiveness of bank inter –branch accounting system using central bank as case study. Assessment of the effectiveness of inter branch accounting system in Nigeria cannot be over emphasized, bank in Nigeria are faced with problem of the branch accounting Aranster. Inter-branch accounting system arises as transaction are attached between branch of the same and its branches, with the problems encounted by bank in their inter-p branch dealings there anises a greater need for an efficient management of the possible  operating conditions.

In the Coors this work questionnaires and interview methods of investigation were used to collect data from the respondents. Data collected by the above means were  Presented and in chapter four and also sued to test the hypothesis that is for umlauted in chapter one the result of the test shows the bank under study uses inter-branch accounting system bin their  dealings.

In the light of some weaknesses identified in the course of data analysis some re commendations were made, and it is behaved that if the recommendation are implemented, the efficiency of inter-branch accounting system in banks will be improved.

TABLE OF CONTENTS

CHAPTER ONE

INTRODUCTION                                                         VIII

1. INTRODUCTION                                                1
2. PURPOSE OF THE STUDY                               2
3. STATEMENT OF STUDY                                  3
4. RESEARCH HYPOTHESIS                                4
5. SIGNIFICANCE OF THE STUDY                     5
6. SCOPE AND LIMITATIONS OF THE STUDY           5

CHAPTER TWO

LITERATURE REVIEW                                               10

1. INTRODUCTION                                                10
2. WHAT IS MEANT BY INTER-BRANCH ACCOUNTING SYSTEM                                                              11
3. THE ESSENCE OF CONTROL                          18
4.  MESSAGE OF VALUE                                      20
5. CODE BOOK AND TELE TEXT NUMBER      22
6. RECONCILIATION OF BRANCH ACCOUNT CURRENT 23
7. TRANSFER FROM BRANCH TO BRANCH    24

REFERENCES                                                    30

CHAPTER THREE

RESEARCH METHODOLOGY                                  31

1. STUDY AREA                                                    31
2. SOURCES OF DATA                                         31
3. PRIMARY DATA                                               32
4. SECONDARY DATA                                         32
5. SAMPLE USED                                                  33
6. METHOD OF INVESTIGATION                       34
7. STATISTICAL METHOD USED FOR DATA ANALYSIS (CHI –SQUARE STATISTICS)                                            35

CHAPTER FOUR

1. PRESENTATION, AND INTERPRETATION OF DATA 36
2. TEST OF HYPOTHESIS                                     49

CHAPTER FIVE

FINDINGS RECOMMENDATION AND CONCLUSION

1. FINDING                                                             54
2. CONCLUSION                                                    56
3. RECOMMENDATION                                                 57

BIBLIOGRAPHY                                                          59

APPENDIX                                                          61

RESEARCH QUESTIONNAIRES                      70

PROPOSAL

Effective inter-branch accountings system (case study of centra bank or Nigeria). The focus this study is to asses the effectiveness of inter-branch accounting system using centra banks as a case study. Assessment of the effectiveness of inter-branch accounting transfer.

Inter-branch accounting system Aries as transactions are affected between the branches office same institution or between the head office its branches with the problems encounted by banks in their inter-branch dealings there arise a greater need for an efficient management of the possible operation condition

CHAPTER ONE

1. INTRODUCTION

Inter-bank accounting arise as transaction are affected between branch of the same its institution or between the head        office and  its branches.

These transaction could either result from demand for by one branch or quoted, pending regular supply of cash from head office of expenses incurrent on behalf of a staff of a particular branch by another branch such transaction as above will warrant the raising of messages of value for or against any of the branches as the case may be. Such message as forwarded with utmost dispatch to head office which will upon the receipt of authorized message of value debt the receiving branch credit the giving branch accounting.