Question: how is maths used in accountancy

Sreejita Ghosh answered on 21 Jan 2020:

It is mostly arithmetic. I had a course during my Bachelors. We had to do balance sheets, which is calculating how much someone or a company owes or is supposed to receive from others at the end of a year, what are the income from shares, dividends, what are the losses incurred due to inflation, etc. It sounds easier than Calculus and if there is a program to do everything step by step it would be rather easy, but doing these manually, keeping tab of everything on the balance sheet was quite a tiring and exhausting!