I would be curious to know for which sort of accounting things Excel is ideal?
Sorry, I could not comprehend the second paragraph.
Fraud has nothing to do with paper or computer based system. To minimize risk of fraud you need to implement proper sets of controls, like segregation of duties, etc.
As for Excel - Excel is a poor instrument for doing the accounting, therefore it shall not be used ... unless you have some kind of micro/nano business.
Sorry, I could not comprehend the second paragraph.
Fraud has nothing to do with paper or computer based system. To minimize risk of fraud you need to implement proper sets of controls, like segregation of duties, etc.
As for Excel - Excel is a poor instrument for doing the accounting, therefore it shall not be used ... unless you have some kind of micro/nano business.