What Are The Importance Of Computer Applications In Financial Management?

Question

What Are The Importance Of Computer Applications In Financial Management?

3 Answers

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Answer 1

It in form of MIS helps in the development of the monthly and annual financial statements like balance sheets,income statements etc. So that we can have an idea about the present financial position of the company and also can compare the performance with the past performance and find the deviation in the results i.e. We can find whether the company is progressing or not...in the right direction ...

Answer 2

Computer has played huge role in d field of management.it has led to d development of ecommerce,ebanking,etc.we can do tradding n invest in big corporates just in a click.

Answer 3

I think that this way it would be much easier to monitor all the necessary statistics. I know that an expert option broker has it's own app that will help with tracking stock prices. Just try it out yourself to understand all the importance.