GASPRO International Journal of Eminent Scholars

ABSTRACT Today’s business environment is very dynamic and undergoes rapid changes as a result of technological innovation, increased awareness and demands from customers. Business organizations, especially the banking industry of the 21st century operate in a complex and competitive environment characterized by these changing conditions and highly unpredictable economic climate. Information and Communication Technology (ICT) is at the centre of this global change curve. Organizations and managers cannot ignore Information Systems because they play a critical role in contemporary organizations. However, in spite of the benefits of the computer to the banking industry and businesses in general, some problems are still left unsolved and risks have been credited to the use of computerized accounting information system. Hence, this study seeks to investigate the cases of computerized accounting information system with a focus on the Liberia banking system. Key Words: Computerized accounting information system, risks, banks, Liberia