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Corporal Agarn wrote: that if a company uses Excel for their financial records it could cause a problem.
The accountants that I have known appeared to be competent and were aware of technical problems in terms of computational problems. This tended to be larger companies since a company has to be big enough to hire an accountant (or more than one) in the first place.
Smaller companies have more problems with finances but it seldom a small problem but more like badly negotiating a contract, not tracking expenses at all, etc.
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The excel executes user code, user code executes system code, system code runs floating-point calculation on the processor, floating-point calculation is done with discrete mathematical algorithm and discrete mathematical algorithms are not exact.
This seems does not worry the financiers, since they always use rounded to 2-4 digits (after point) result.
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Finances will be fine, most of the companies don't use more tan two digits (so this will be rounded to zero), and even the most picky ones don't use more than 10.
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Don't you just love floating point rounding? I lost track of the number of VB6 "bug" blogs that were nothing more than floating point rounding issues.
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Heavens, no!
It's off by 0.00000000000023 
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Nah...
It is people that cause problems.
Out of all the programs that I use, it is probably Excel that is the one that I wish that I wrote.
It is sensational.
I can still output old biff file format and Excel will recognise and open it immediately.
Give any user a great and powerful application and of course they can cause havoc and hell.
Its the way things are and always have been.
...and Yep I have also elephanted up a spreadsheet and was horrified by my error or errors.
But Hey... How good is it.
"Rock journalism is people who can't write interviewing people who can't talk for people who can't read." Frank Zappa 1980
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I don't know about the USA, but in the EU - all financial calculations must be performed in DECIMAL arithmetic with a specific accuracy (IIRC, 5 digits after the decimal point). Rounding is also performed using a specific algorithm (IIRC - rounding after conversions from legacy currencies had to be performed as "round to nearest or away from zero").
Excel's calculation method does not satisfy any of these requirements, so no large company based in the EU would use Excel for record keeping.
I grant you that when programming financial models, rounding errors can accumulate catastrophically and give totally bogus results. The first part of the solution to this is a good course in Numerical Analysis...
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Just 20 min left until Iranian New Year which is Called Nowruz!! 
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So...I'm just guessing that the whole of Iran won't be hungover tomorrow? 
Those who fail to learn history are doomed to repeat it. --- George Santayana (December 16, 1863 – September 26, 1952)
Those who fail to clear history are doomed to explain it. --- OriginalGriff (February 24, 1959 – ∞)
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Which hungover? we here enjoy much a lot  
Come here and join to me 
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A very kind offer, but I will unfortunately have to refuse this time round! 
Those who fail to learn history are doomed to repeat it. --- George Santayana (December 16, 1863 – September 26, 1952)
Those who fail to clear history are doomed to explain it. --- OriginalGriff (February 24, 1959 – ∞)
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happy new year to all the all the Iranian people. wish you luck for the best future
Ravi Khoda
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thanks for your greeting and i wish every good things for you.  
Also best wishes to establish diplomatic relations. ![Rose | [Rose]](https://codeproject.global.ssl.fastly.net/script/Forums/Images/rose.gif)
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Get rid of the politicians, and we probably could.
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Happy New Year to all Iranians!!!
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Thanks Dude
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Yes, ok its cool, but how about learning c++ in 2 minutes 
I am just gonna leave this here
Microsoft ... the only place where VARIANT_TRUE != true
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Chuck Norris can do it in one!
Those who fail to learn history are doomed to repeat it. --- George Santayana (December 16, 1863 – September 26, 1952)
Those who fail to clear history are doomed to explain it. --- OriginalGriff (February 24, 1959 – ∞)
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One implies a limitation, Chuck has no such limitation, he just knows.
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How do quarks, leptons, photos, neutrino's figure in the hood? Heck I looked [^]it up and still don't know.
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At 12:57PM EST, I for one am glad to see it here. This winter has been the worst I can remember for many years and I've gained 15lbs and feel like a sloth. Today is going to reach 73F here in SC and I am going to get my lazy butt out for a hike in preparation for my upcoming trip.
Happy spring y'all!
Along with Antimatter and Dark Matter they've discovered the existence of Doesn't Matter which appears to have no effect on the universe whatsoever!
Rich Tennant 5th Wave
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Looking out of the window, I think it's about to pish down...
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We've just had 4 days of 40-50F days of rain, cloudy and just crappy weather, I am so ready to get out of the house.
Along with Antimatter and Dark Matter they've discovered the existence of Doesn't Matter which appears to have no effect on the universe whatsoever!
Rich Tennant 5th Wave
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