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It speeds the bookkeeping process and increases accuracy thereby reducing labor costs. But most importantly, a computerized accounting system is a powerful tool, allowing you easily extract data in order to prepare reports and analyze the information. Reviewing and acting upon a well designed, comprehensive set of reports (in addition to the Financial Statements) will help keep the company on the right financial path.

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14y ago
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15y ago

= Computers And Accounting = In today's technologically-minded society, computers play an integral role in just about every aspect of business, and especially in the field of accounting. Accountants are expected to constantly be updating information on a timely basis, and the wonderful computer allows such a process. Normal calculations that were once done with a calculator and a pen and notepad can now be done much more quickly and accurately with a computer. In this results are more accurate and reliable.it is less time consuming and reduces labour costs.

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12y ago

Computer play an important role in every field of life.Similiarly,in field of accounting it has contributed in such a way that big calculations which was very difficult to solve is now easy to solve through computer.Secondly,it has contributed in the field of accounting,that it provides a very large storage capacity so we can store our data in it.

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13y ago

For the fast and easy acquisition and distribution of critical information. For the long term storage of information.

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8y ago

Computers are used to keep financial records and to audit businesses and banks. Income taxes are done on the computer and filed electronically.

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12y ago

Because there is a calculator on a computer, excel and word to count up and display things for accountants.

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12y ago

It's not ! You don't need to know anything about accounting to program a computer - you need to know how the specific computer language works (the syntax).

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Q: Why is accounting important for computer programmers?
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