Abstract The article focuses on a project funded by the American Accounting Association in 1971, which was intended to initiate a library of time-sharing programs designed for use in accounting curricula. The aim of the project was to centralize and develop programs so that they would be available in each of the special interest areas of accounting, namely, financial, cost, auditing, tax and managerial. Among the available programs were the computation of annual depreciation by four methods and the computation of twenty basic financial ratios.
George C. Mead (Sun,) studied this question.