This term paper discusses that how computers have affected the traditional accounting methods.

1,375 Words (Approx. 5.5 Pages), 4 Sources, APA, 2008

Essay (General)

Abstract

This term paper gives brief information about accounting and further discusses about the role of computer in performing accounting. This paper further discusses that how it has changed the surroundings and made the work easier and accurate by performing computerized financial accounting. This paper further differentiates between the human mind and computer for performing accounting and includes that how computer takes the lead in every step of it. This paper further explains that how does it processes so much of data in a short span of time. Further this paper includes that which accounting process is done with the computers and explains each of them briefly. This paper further discusses about the softwares which are used for accounting purpose.

From the Paper

Computers are fast and easy to use, this is the reason it is widely used in businesses for every possible thing from data entry to the company’s accounting. The way the human mind is designed it can only perform limited things at a particular time, whereas, computers can perform many things at the same time without creating any confusion and by giving the accurate result. No doubt computer is the creation of humans but still it can work way faster than humans. There are something’s which computer is limited to and human are not… Computers are used in accounting by using particular software which is designed to perform that accounts work, these softwares are customized in such a way that it can be easily used by the accountant to keep the account section of the company updated…

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