I'm trying to find the link which will answer the above question. For U.S. users, the language here needs editing. 'ComputeriZed' is the preferred word, and mannual only has 1 'n.' May I offer my services as an editor?
Manual accounting is the kind that a person does by means of a pen (or pencil) and paper, and (at most) an adding machine to help; computerized accounting is the kind that computers do for you, by means of spread-sheets.
what are the differences between direct cost and indirect cost in financial accounting
Here is a link to a great paper by from the SEC , outlining the major differences in International Accounting Standards.
no
Differences include: *Speed *Cost *Back up
accounting is a interesting field and it is a business transaction and preparation financial statements and accounting information system it is a system of information provides.because of information provides the management can control a business. writer, sakibrubel
the difference is that one is with a computer and the other is with writing utensils. i.e pencil, pen, markers
Manual accounting is the kind that a person does by means of a pen (or pencil) and paper, and (at most) an adding machine to help; computerized accounting is the kind that computers do for you, by means of spread-sheets.
what are the differences between direct cost and indirect cost in financial accounting
none
Here is a link to a great paper by from the SEC , outlining the major differences in International Accounting Standards.
no
The major difference between management information system and accounting information system is the method of accounting. The latter is performed by software, while the former is the system of how the records are kept.
Differences include: *Speed *Cost *Back up
The main difference between manual and computerized accounting systems for a service business lies in how financial data is recorded, processed, and managed. Manual Accounting System Records are maintained by hand in books and registers. Time-consuming and requires more effort. Higher chances of human errors in calculations and entries. Difficult to generate instant reports. Low setup cost, but not efficient for large transactions. Data security and backup are limited. Computerized Accounting System Uses software (like Tally, QuickBooks, Zoho Books) to record transactions. Faster and more accurate processing. Automatic calculations reduce errors. Easy to generate financial reports, invoices, and statements instantly. Better data security, backup, and storage. Ideal for growing service businesses handling many transactions. In short: Manual accounting is simple but slow and error-prone, while computerized accounting is fast, accurate, and efficient for modern service businesses.
One of the differences is that a diploma in accounting from a certified institution will make you an "Assistant Accountant". Also you cannot be an auditor with a diploma. ~G
The difference between public sector and private sector is that when you're in the public sector you work for the government whereas private sector is not. Same applies to accounting.