Standard 4: Understands and uses accounting software and spreadsheets

Level 4 Benchmarks (Grades 9-12)

  • Uses spreadsheet technology to prepare financial statements and reports (including charts and graphs)
  • Uses spreadsheets and databases to determine price, profit, cost, and break-even point
  • Uses accounting software to compare planned financial goals to actual financial statements
  • Uses financial spreadsheets or accounting software for budget analysis and forecasting
  • Knows various accounting software available for financial analysis and management (e.g., programs pertaining to productivity, payroll, investments, inventory control, ratio analysis)
  • Understands the differences between manual and computerized accounting systems