KUMASI TECHNICAL UNIVERSITY

FACULTY OF BUSINESS AND MANAGEMENT STUDIES

DEPARTMENT OF ACCOUNTANCY & ACCOUNTING
INFORMATION SYSTEMSHND ACCOUNTING WITH
COMPUTING
A REPORT ON SUPERVISED INDUSTRAL ATTACHMENT AT BIA-TORYA
COMMUNITY BANK- DADIESO BRANCH

PRESENTED BY:
NAME: ALALE ISAAC
INDEX NUMBER: 051700098

DATE: JUNE, 2018

 DECLARATION
STUDENT:ALALE ISAAC

I hereby declare that apart from references hereby acknowledged, this report on the

industrial attachment at the BIA-TORYA COMMUNITY BANK – DADIESO

BRANCH – WESTERN REGION and presented to Kumasi Technical

University, Faculty of Business and Management Studies, Department of

Accountancy and Accounting Information systems as a partial fulfillment of the

requirement for the award of HIGHER NATIONAL DIPLOMA is the outcome of

my investigation.

NAME: ALALE ISAAC

I.D.: 051700098
 ACKNOWLEDGEMENT

This internship programme could not have materialized without acknowledging the divine

protection and guidance of the Almighty God.

I sincerely thank the Management of the Bia-Torya Community Bank, most especially the

General Manager Mr. Ofoli and the Office of Mr. Anthony Akontabisa(Nana)

My gratitude goes to Mr. Nyantakyi Augustine, Mr. Frederick Aseidu and madam. Philomena. ,

the Bia-Torya Community Bank for their unyielding support and advice during the period of my

attachment.

My final appreciation also goes to all and sundry who in various forms assisted me directly and

indirectly towards a cherished practical experience of work ethics and the application of learned

academic knowledge into reality.

 PREFACE

The need for an industrial attachment creates the need for any discerning student to create a clear
picture of what he/she has done in the form of writing (a report).

This report contains information which was gathered during my two months of industrial
attachment with Bia-Torya Community Bank - Dadieso
 CONTENT
-Presentation
-Preface
-Acknowledgement-Dedication.

CHAPTER 1:
1.0 Introduction
1.1 Objectives of the supervisor Industry Attachment
1.2 Benefits to students

CHAPTER 2:
2.0 Brief Profile (History of Ghana Statistical Service)
2.1 History of Bia-Torya Community Bank
2.2 Vision of Bia-Torya Community Bank
2.3 Mission of Bia-Torya Community Bank

CHAPTER 3:
3.0Job description and duties I was assigned to
3.1 Methodology
3.1.1 Observation
3.1.2 Participation

CHAPTER 4:
4.0 Knowledge / Skills / learning experience acquired
4.1 Professional
4.2 Personally

CHAPTER 5:
5.0 Conclusion and Recommendation
 CHAPTER ONE
INTRODUCTION
The industrial attachment training is an essential component of the curriculum of Kumasi

Technical University which is partial fulfillment of the requirements of the award of

Higher National Diploma (HND) in Accounting with computing, Students are required to

undergo an industrial attachment programmed during which the students are expected to

acquire additional practical experience to supplement, their programmed of study in the

Technical Universities. They are also exposed to the real world of work and its

challenges which will prepare them towards their future careers.

This report is the outcome of the Two months practical training I had at Bia-torya

Community Bank –Dadieso in the western Region as a COUNTER SERVER. The

duration of the attachment was from 4th June to 24th August 2018 but I ended on 10th of

August, 2018. Work begins from 8:30 am and ends at 4:30 pm each working day.
 It is said to be a supervised programme since lecturers from the Technical University visit

the students during this period and at the end of the programme to ascertain the success of

the programme and the amount of seriousness students attached to it.

OBJECTIVES OF THE SUPERVISED INDUSTRIAL ATTACHMENT

Some of the important objectives of the industrial attachment are as follows

 To assess the interest of the student in the occupation he/she plans to undertake.

 To expose the students to work methods not taught in the technical Universities and to

provide access to products equipment not normally available in the environment of the

Technical Universities.

 To provide the students with an opportunity to apply knowledge in real work situation

thereby closing the gap between academic work and the actual practice.

 To make the transition from school to the world of work smoothly and to enhance student

contacts for job placement.

 To enlist and strengthen employers involvement in institutional activities and in the entire

educational process of preparing the students for employment in industry.

BENEFITS TO STUDENTS
The industrial attachment seek to offer students a practical translation of the theory they

have been taught. It has also got individual benefit of liaising the to the industries,

Technical Universities hence brightening the employment chances of the students in the .

Through the Technical Universities is attachment, I have generated a good interpersonal

relationship through my interaction with my supervisors and colleagues. This has assisted

me to interact confidently with people irrespective of the position.

CHAPTER TWO

BREIF PROFILE

BIA-TORYA COMMUNITY BANK

History of BIA-TORYA COMMUNITY BANK LTD

Bia-Torya Community Bank Ltd was in corporate and licence to operate as a Banking entity on
24th February 1994. The Bank started with six staff and nine Board members. The head office is
at Bonsu Nkwanta with three other branched at Sefwi Bodi, Suaman Dadieso and Juaboso all in
W/R. THE Bia-Torya Community Bank in the Western Region recorded profit of
GH¢412,431.51 as against GH¢316,298.82 recorded in 2009.
The Chairman of the Board of Directors of the Bank, Mr Samuel Danquah, said the assets of the
bank also grew from GH¢7.34 million to GH¢16.89 million during the period under review.
Addressing the 6th Annual General Meeting of the bank at Sefwi Bonsu Nkwanta in the Juabeso
District, he said, the bank also increased its deposit base from GH¢6.1 million to GH¢13.3
million.
In addition, loans and advances increased from GH¢450,870.64 to GH¢1,267,786.57,
representing an 181 per cent increase over the previous figure.
The chairman pledged that officials of the bank would continue to work hard in order to maintain
its enviable status among rural and community banks in the country.
In an address read on his behalf, the acting Managing Director of the ARB Apex Bank, Mr Duke
Osam-Duodu, said the domestic money transfer being operated between the ARB Apex Bank
and the rural and community banks was receiving steady patronage.
He said the system had indeed come to fill a void in the money transfer business.
Mr Osam-Duodu stated that the impressive performance of the bank had made it to be ranked as
fifth out of the 13 rural banks in the Western Region and 10th among the 133 rural banks
nationwide.
He said that notwithstanding, a lot of work still needed to be done in the area of capitalisation if
the bank wanted to be considered one of the best rural banks in the country.
“It is only by improving the capital base of the bank that will enable you to open more agencies
to better serve the unbanked and under-bank members of your operational communities,” he
said.
For his part, the Senior Manager of the bank, Mr A.K. Foli, appealed to loan defaulters to pay
their loans to enable others get more assistance from the bank to expand their farms and
businesses.
He called on shareholders and the general public to buy more shares from t

Vision: is to evolve as a modern dynamic credible and effective financial institution capable of delivery
core rural banking in Ghana and the

mission to satisfy customers/ shareholders through efficient, high quality and innovative service.
The bank currently has nine Board members and fifty- five staff with Amos K. Foli as the GM.
About GHS65,000.00 was spent on social responsibility in 2012 and profit of GHS413,432,055.99
was recorded as at June 2013 Bia-Torya was ranked 2nd bracket as per 2013 Apex E.M.

.
 CHAPTER THREE

JOB DESCRIPTION/DUTIES I WAS ASSIGNED TO

The expectation that the Bia-Torya Community Bank will make the determinants of the

technical efficiency of rural and community banks in Ghana? This paper addresses this question with

data from 101 rural and community banks in Ghana. Data envelopment analysis based on the variable

return to scale assumption and binary logistic regression technique has been used for analysis. The

results show that only 20 rural and community banks are technically efficient. The binary logistic

regression analysis provides evidence that size, profitability, and bank funding quality are significant

determinants of technical efficiency in the rural banking industry in Ghana. Whereas an increase in the

size and funding quality of a rural bank results in a decrease in its technical efficiency, an increase in the

profitability of a rural bank improves its technical efficiency. It can be inferred from these results that

the resource utilization of many rural and community banks in Ghana is weak and that the resource

utilization performance of a rural bank can be assessed by considering its size, profitability, and funding

quality.

On my arrival, I was warmly welcomed by Bia-Torya Community Bank in the person of

Mr. Anthony Nana Akontabisa. I was then introduced to all the staff. I was oriented on

the rules and regulations on collection and management of data. I was given two pens

blue and red to use. They introduced me to the vouchers, that is savings voucher, current

vouchers, susu vouchers, impersonal vouchers and waste vouchers. They teach me how

to write in the vouchers.

I started serving the customers with the saving vouchers the saving voucher have two

types that is debit and credit to all the voucher. They also teach me how to write in the

cheques books the manager call me to his office show me the difference of the cheque.

We have company cheque and individual cheques normally the company cheques are

close cheques

During my attachment programme, I was assigned to go out with the mobile bankers to

collect susu in fact it was very hectic.

After the collection of the susu, I count the money and deposited them. I started with Mr.

Anthony Nana Akontabisa one mouth latter Mr. Anthony Nana Akontabisa left the office

and handle over to Mr. Nyantakyi Augustine. Mr.Nyantakyi Augustine took over the

office, they also make change of some of the staff

METHODOLOGY IN the work

In order to ensure the success and effectiveness of this work I adopted the following

methods.

OBSERVATION
This method was used to study some of the activities that go on in the Bia-Torya

Community Bank.

PARTICIPATION

This method was used to acquire knowledge on the use of computer software to check

accounts and also access to use the E-zwitch machine. Also account opening.
 CHAPTER FOUR
KNOWLEDGE / SKILLS / LEARNING EXPERIENCE ACQUIRED

Professionally, I had the opportunity to practically feel some of the academic work I

acquired from school during the attachment programme. Examples are Opening Account,

Account checking in the computers, recorded of counter cheques and counter saving

book. writing on vouchers, Counting of money, Raping of money, roping of money

Doing of E-Cash , Respect for the privacy of others and the promises of confidentiality

given to respondents and retrieving of secondary data from the computer to clients cannot

be over emphasized.
Personally, My confidence level has improved greatly. My interactions with people

(respondents) and top officials paved some social contacts for me. Good friends were

made, efforts to understand people and ability to use and manipulate electronic gadgets.

Working under stress conditions could not be overlooked.

CHAPTER FIVE

CONCLUSION AND RECOMMENDATION

In conclusion, the supervised industrial attachment of the Technical Universities gives students

the opportunity to apply knowledge in real work, exposing students to work methods not taught

in the Technical Universities and provide access to products equipment not available in the

Technical Universities as well as assessing students’ interest in the occupation he/she plans to

undertake.

Undoubtedly, the impact of this attachment with the Bia-Torya Community Bank cannot be

quantified. The attachment has made me gain some practical knowledge and experiences in my

field of study (Accounting with Computing) as well as enriching me with the interaction with the
 business world. It has also instilled in me some more integrity especially punctuality, being

submissive to and taking the views of superiors, more tolerant, respectful and hardworking, the

programme should therefore be maintained and the period extended.

Since the experience for these few weeks was enormous I recommend that:

 The attachment is very beneficial to students as it assists them to blend academic work with that

of the industry therefore much importance must be given to attachment by students.

 The periods for the attachment should be increased, that is to say; the Third Trimester Field

Practical Programme should be legally amended if not completely given way to the Practical

Industrial Attachment Programme.

 Since the attachment is a supervised programme, visiting supervisors should please visit students

on their places of attachment to ensure proper assessments students