DESIGN AND IMPLEMENTATION OF REAL TIME PROCESSING IN ACCOUNTING INFORMATION SYSTEM

DESIGN AND IMPLEMENTATION OF REAL TIME PROCESSING IN ACCOUNTING INFORMATION SYSTEM

CHAPTER ONE

INTRODUCTION

1.1 THE BACKGROUND OF THE STUDY

This is an extract from the work of renowned researchers, practitioners and expert in the field of real-time system. Their works are grouped into six parts, together encompassing twenty chapters. Each part is devoted to a mainstream subject, the chapters therein developing one of the major aspects of real-time system theory, modeling, design, and practical applications. Starting with a general approach in the area of formalization of real-time systems, and setting the foundations for a general systemic theory of those systems, the book covers everything from building modeling frameworks for various types of real-time systems, to verification, and synthesis.

1.2 STATEMENT OF THE PROBLEM 

The poor performance of business organizations in Nigeria has been a massive problem as it has negatively influences the economy by throwing many people out of gainful employment and thus leading to the poor performance of the economy, this is because the private sector has proven to be the highest employer of labour in the country as such poor performance of these business organizations has directly affected the economy of the country. Many reasons have been highlighted as the cause of these poor business growth and succession but notable amongst these problems is the lack of effective accounting information as most firms in Nigeria ignore this accounting information to their peril as it becomes difficult to transfer a business from one hand to the other as a result of this.