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What we call PC computing basically started i order to use spreadsheets for preparing financial accounts both for quarterly reporting and in the course of audit.
Visicalc was replaced by Lotus 1-2-3 which was largely replaced by MS Excel.
Spreadsheet widgets remain a viable third-party software market.
Financials now include preparation for tax planning and for risk management.
Financial reporting with corporations is one of the chief demands for ad hoc computer programming and scripting within IT.
See Crystal Reports for PC
See RPG and scheduled job runs for other hardware environments
Most demand for COBOL software changes is for financial reporting as any change in ledger account structure will demand software changes - especially in the case of merger and acquisition.
Sarbanes-Oxley rules generated a demand for financial reporting that could only be met by software in most cases.
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