
Summer School 3: Accounting and The Last Supper
Planet Money
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The Evolution of Spreadsheets in Accounting
This chapter explores the historical significance of spreadsheets in the accounting field, focusing on their invention in the 1970s and the revolutionary impact of VisiCalc. It illustrates how these tools transformed financial planning and analysis, drastically reducing the time accountants spent on tasks and altering job dynamics in the industry. Additionally, it highlights the crucial role of spreadsheets in modern finance and decision-making, even as they risk errors that can lead to significant consequences.
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