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