Spreadsheet As An Accounting Management Tool †Free Samples

Question: Discuss about the Spreadsheet As An Accounting Tool. Answer: Introduction: This report is based on management accounting. The benefits of spreadsheet have been analyzed in this report. This report also tells that how it is better then paper accounting work. Spreadsheet: It is a computer application that has been used by the user to organize, analyze, manage and record data in tabular format. This application has been prepared as computerized simulation of paper work of accounting (Garrison, Noreen, EBrewer McGowan, 2010). Accounting tool: Spreadsheet application has replaced paper work on accounting. People prefer the spreadsheet now as they found it more handy and easy to calculate and data and gather the required information. The provided result is also impressive. Through this application, interpretation can easily be done. If one mistake is done than accountant needs not to change the whole report, only change in that figure could offer the perfect result (Kaplan Atkinson, 2015). Advantages of Spreadsheet: It is the handiest approach to do the computation now days. This application has been prepared to offer the users most correct data in some seconds. It separates the different figures and data appropriately and also help the accountant to analyze the correct result. Many tools and formulas could be contained in this application and could be computed very rapidly. This application could be used by anybody as the process of it is very simple. Conclusion: Hence it could be said that spreadsheet is one of the easiest application to compute the accounting figure. This application has been prepared as computerized simulation of paper work of accounting. This application has been prepared to offer the users most correct data in some seconds. This application could be used by anybody as the process of it is very simple. References: Kaplan, R. S., Atkinson, A. A. (2015).Advanced management accounting. PHI Learning. Garrison, R. H., Noreen, E. W., Brewer, P. C., McGowan, A. (2010). Managerial accounting. Issues in Accounting Education, 25(4), 792-793.