Introductory Accounting

PART6

Data Analysis and Forecasting

Even the highest-end Swiss Army Knife doesn’t contain every tool in the world. Likewise, entry-level accounting software does cover a wide array of business tasks, but even businesses using enterprise-scale accounting software still supplement its capabilities from time to time with spreadsheets, databases, analytics, and other tools to perform additional business analysis activities.

This final part looks at software you might choose in addition to your accounting system. We also go over the types of analysis, reporting, and other activities you might want to perform. We begin with an introduction of why spreadsheets are a good choice and walk you through a spreadsheet example to show you how quickly you ...