It's taken years for accountants to adapt to computer technology. Computers are now being used to perform accounting tasks such as posting transactions, writing reports, developing what-if business scenarios with spreadsheets, preparing tax returns, and keeping track of fixed assets and receivables. After transactions are recorded they can be manipulated, sorted, analyzed, summarized, and turned into financial statements with ease.

In 1980 and early 90's the personal computer accounting system was divided into two major segments, high-end and low-end systems. A few mid-range accounting systems were also developed however these were never really big sellers. Today the account

While Windows is the most common operating software in use, users are moving away from the older DOS-based or text-based interface. The newest of accounting systems are now going to web-based accounting systems. In the past things that would normally have cost millions of dollars can now be achieved for less than $500,000.

+ (Contribution of growth in the stock of other capital)

Aside from accounting software, CPA's use a variety of applications like Microsoft Word and Microsoft Excel. Microsoft word is a word processing program that can be helpful to accountants when preparing financial statements or typing reports. Microsoft Excel is commonly used by accountants for its spreadsheet applications. In the survey conducted by The Journal of Accountancy Magazine, Microsoft Excel had the highest rating. 44 % of users who didn't currently use Excel planned on changing over to it within the next six months.

Overall computers have greatly revolutionized the accounting world. Many different software companies are entering the industry and continue to introduce new and improved products. With prices on low-end PC systems hovering around $600-$1,000, and accounting software costing around $100, families and businesses can afford to have computerized accounting. Now days, of the tools that you may fi

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