With analysis tools, calculation functions and network security options, Microsoft Excel is a powerful accounting solution for small business books. Microsoft also provides a number of audit report templates that can be adjusted to fit your business needs and give you a head start on formatting and organization. Whether you’re conducting an audit for internal reasons or by request from a third party such as the IRS or a shareholder, Microsoft Excel offers appropriate templates compatible with both 2010 and 2013 versions. You’ll still have to compile all of your financial records, receipts and invoices, but Excel can at least point you in the right direction and streamline data entry and calculations. Tips Writer Bio
