| Accounting is the measuring, and disclosure or | | | | various accounting software programs. |
| provision of assurance about information that | | | | Accounting is tied to the invention and |
| helps managers and other decision makers make | | | | dissemination of the double entry bookkeeping |
| resource allocation decisions. How to become an | | | | process. |
| Accountant. | | | | Different Accounting Software Solutions available |
| Accountants in the US are called Certified Public | | | | today: |
| Accountants and in the UK and Canada are called | | | | ACCPAC web-based accounting, launched the |
| Chartered Accountants. | | | | ACCPAC Online web site in 1999 which allows end |
| Chartered Accountants in Canada are expected | | | | users to run ACCPAC from a simple browser for |
| to know all US CPA knowledge as well as a | | | | a small monthly rental fee. |
| Canadian Accounting body of knowledge. In order | | | | Intuit's QuickBooks for the Web represents a |
| to become an Accountant an undergraduate | | | | new product from scratch. Microsoft Small |
| degree is required and then a period of articling is | | | | Business Manager is a new player on the block |
| required which can take as long as 5 years with | | | | which is a scaled down version of Great Plains |
| gruelling exams and an exhausting series of finals. | | | | Accounting Software. |
| In her notes compiled in 1979, Professor Linda | | | | Netledger centralized net computing renamed |
| Plunkett of the College of Charleston S.C., calls | | | | Oracle Small Business Manager Peachtree. This |
| accounting the "oldest profession"; in fact, since | | | | product was the older Peachtree Office |
| prehistoric times families had to account for food | | | | Accounting product and is also a web-based |
| and clothing to face the cold seasons. | | | | solution. In 2000, Peachtree added a web-based |
| Later, as man began to trade, they established | | | | module to its' flagship Peachtree Complete |
| the concept of value and developed a monetary | | | | Accounting product called Peachtree Web |
| system. Evidence of accounting records can be | | | | Accounting. |
| found in the Babylonian Empire (4500 B.C.), in | | | | SAP mySAP - web-based accounting featuring a |
| pharaohs' Egypt and in the Code of Hammurabi | | | | limited number of SAP modules. |
| (2250 B.C.). | | | | So it appears that there are 2 different types of |
| Eventually, with the advent of taxation, record | | | | Accounting Software: |
| keeping became a necessity for governments to | | | | Web Based Accounting: which is one application on |
| sustain social orders. Perhaps the most significant | | | | a Web Server running everybody's application. |
| benefits to contemporary accounting has been | | | | There are of course advantages and |
| the introduction of computer programs to assist | | | | disadvantages to this type of application, |
| in the accounting function. | | | | immediately coming to mind is confidentiality and |
| Computer programs were introduced in business | | | | the security of the Servers being used as well as |
| and government organizations in the 1950s, and | | | | possible breakdowns. |
| the most important applications of computers | | | | Advantages are of course in being able to use |
| have been in the areas of record keeping, | | | | unlimited Server Resources. |
| balancing , and transaction recording. | | | | And then there is PC Based accounting which |
| Accounting uses various bases of measurement, | | | | everybody has tried and is Bill Gates favorite. |
| mainly the cash basis, the accrual basis (or | | | | Advantages; |
| historical cost) and variations of these; all of these | | | | In-house control of everything but subject to |
| functions are greatly assisted by the use of | | | | limited resources. |