MJAMR

Relationship Between Computerized Accounting And Financial Performance In Tropical Bank Limited Head Office Kampala Road.

Habiyaremye Vallence, Zikusooka Enock


Abstract

The study examined the relationship between computerized accounting systems and financial performance at Tropical Bank Limited Head Office located on Kampala Road, Uganda. The research employed a descriptive correlational design with a sample of 85 respondents consisting of accountants, finance officers, IT personnel, and management staff. Data were collected through structured questionnaires and analysis of financial records spanning three years (2020-2022). Results revealed a strong positive correlation (r = 0.784, p < 0.001) between computerized accounting system implementation and financial performance indicators. Specifically, the study found that automation of accounting processes led to a 45% reduction in transaction processing time, 67% decrease in accounting errors, and 38% improvement in financial reporting accuracy. Return on Assets (ROA) improved from 2.1% to 3.8%, while Return on Equity (ROE) increased from 12.3% to 18.7% following full implementation of the computerized accounting system. The study concluded that computerized accounting systems significantly enhanced financial performance through improved accuracy, timeliness, and efficiency in financial operations. It was recommended that Tropical Bank Limited should invest in continuous system upgrades, staff training programs, and robust cybersecurity measures to maximize benefits from computerized accounting systems. Other financial institutions were encouraged to adopt similar technologies to enhance their operational efficiency and competitive advantage.

Keywords

Computerized accounting systems financial performance banking sector Tropical Bank
Metropolitan Journal of Academic Multidisciplinary Research

Cite This Article

Habiyaremye Vallence & Zikusooka Enock (2025). Relationship Between Computerized Accounting And Financial Performance In Tropical Bank Limited Head Office Kampala Road. Metropolitan Journal of Academic Multidisciplinary Research, 4(12). https://doi.org/10.68598/mjamr.512

More in This Issue

View full issue →
36
The Effect Of Objective - Based Appraisal Workers’ Productivity In Mubende District Local Government
Kamara Rashid, Mwesigwa Henry
Objective-based appraisal workers' productivity performance management Mubende District
37
The Impact Of Local Revenue Collection And Service Delivery In Lower Local Government In Nansana Municipality Kampala.
Kiconco Shallon, Mwesigwa Henry
Local Revenue Collection Service Delivery Lower Local Government Decentralization
38
The Influence Of Electronic System Management On Organizational Management Of Nansana Municipality
Kadija Sifa, Zikusooka Enock
Electronic System Management Organizational Management Local Government Nansana
39
The Mediation Effect Of Knowledge Resources In The Relationship Between Project Complexity Management And Project Performance Of SCADA, Yaka And AMR Projects.
Kazibwe Richard, Irumba Alex
project complexity management knowledge resources project performance SCADA projects
40
The Relationship Between Computer Skills And Tax Compliance Among Small Business Taxpayers In Kampala
Kabaka Ashraf, Irumba Alex
Computer Skills Tax Compliance Small Business Taxpayers Digital Literacy