What is the purpose of accounting software?

Answer Accounting software is an important part of today's business world. While many years ago an accountant would rely on an abacus or calculator and a written ledger, modern accounting software makes t... Read More »

Top Q&A For: What is the purpose of accounting software

What is the purpose of an accounting worksheet?

Accountants use worksheets to prepare the adjusted trial balance and then to prepare preliminary financial statements at the end of the accounting period. Worksheets are not required but they provi... Read More »

Purpose of Accounting for an Organization?

Some small companies neglect the need for a formal accounting process. But every organization, whether it is for profit or nonprofit, large or small, benefits from having an accounting system and a... Read More »

The Purpose of Accounting Information?

Accounting has often been called the language of business. It has earned this designation as companies use financial information to deliver information in a universal manner for review by internal ... Read More »

Purpose of an Accounting Fraud Examination?

Fraud examinations, or fraud audits, are designed to uncover fraudulent activity in a company, often perpetrated by employees or managers. A fraud audit can also identify weaknesses in a company's ... Read More »