Accounting System In Micro Finance Banking

ABSTRACTEvery organization including bank registered under the Nigerian company law having statutory responsibility of profit and loss account together with statement of assets and liabilities at the end of its accounting period, to its members shareholders the public and other uses including the government accounting system means the system of recording financial transaction in an organization. It could also be referred to as an internal control system in an organization depending on the nature of business undertaken by the organization monetary terms and this requires proper recording of rec…