A computer is an electronic device that receives data or a set of instructions, processes them and then gives the information. These data and instructions are called input, whereas information is termed as output.
A computer makes our work easy. It is a machine having memory. It works with instructions. We can store words and numbers in its memory. It works fast and does not get tired. A computer never forgets and thousands of facts can be stored in its memory. It never makes careless mistakes.
Computer is used in every aspect of accounting. However, the main aspects are:
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Computer Uses Uses of computer & related resources. The influence of computers is universal. Computers are used in applications ranging from running a farm, diagnosing a disease, and designing...
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apple computers
Computers used to be programmed in decimal which is limited and prone to error. We now program computers with high level languages, java, c++, etc. These allowed more applications to be avaliable, but ofc, this was also possible because of the invention of the microprocessor which greatly reduced the size of the computer while giving it a lot more computing power necessary for future applications of computers.
what are the accounting areas governing accounting profession
Someone who is good with math and numbers would choose accounting as a profession
Fraud has impacted the accounting profession by introducing increased regulations. The Surbanes Oxley Act was partly a reaction to accounting fraud.
First of all, with language skills like these, you need not be in the accounting profession. An accountant is one who practices accounting as his/her profession. Therefore, I would argue that students involved in higher level accounting education are still considered to be students, rather than accountants.
there are thousands of applications for computers in the Military follow the web link below
The 5 major functions of accounting are recording, classification, analysis and Interprets, Communication and Summarizing. These functions defines the accounting profession.
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Efficiency, accuracy, and consistency.
Computers are widely used in accounting for both companies and personal use. Computers make keeping track of all information very easy.
When accounting procedures and accounting reports are maintained by using computers then it is called computerized accounting system like, peachtree, quickbooks, oracle financial etc.
Yes, computer applications are used greatly in the field of finance and accounting.