Benefits of New Simultaneous Method for O/A Level & Upper Accounting Study

Why Needs New Simultaneous Method in Financial Accounting?

The simultaneous method is a new technique basically used in the modern manufacturing process to ensure proper product development and maintaining ‘product quality’ through the incorporate production process. The process of product development is established that all necessary stages are completed at the same time by simultaneously instead of in “sequential technique”. At first, it is more importantly needed to generate some of the basic differences between simultaneous method and sequential method.  

The concepts both sequential method and simultaneous method are widely used in production plan and activities. Sequential method is a technique to describe the linear format in production. The process includes the different stages which are normally done one after another, providing all attentions and resources focused on that one task or stage. After the completion of one stage successfully it is left alone and everything is concentrated on the next task. Whereas on the other hand, in simultaneous method all different tasks or stages are done at the same time, not necessarily in usual order. So it is a non-linear product and project design approach in which all phases of production operate at the same time simultaneously. Both product and process operate in parallel and occur at same time format and also saving a lot of time.

Main benefits of new simultaneous method in financial accounting

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Faster & Less Time Consuming

It is a method by which several parts of the sum in accounting are usually done at the same time simultaneously, as a result, the sum is completed immediately without time-consuming.

Very Easy & Simple to Understand

It is very easy and simple method to understand as it is basically established the base on accounting format given by exam authorities like Pearson Edexcel and Cambridge International Examination.

Find the Best Solution Quickly

It provides a better solution of the difficult sum because the different stages of the sum in accounting are tackled at the same time rather than doing it orderly like sequential method.

Work the Whole Process Together

It brings many disciplines into a single design process, as result, the whole sum is finished together without delay.

As Like As Game

It is as easy as like game doing accounting sums,  as a result, any student even weak student can easily communicate the method quickly.

Reduce Errors in Accounting Sums

It reduces many of errors during the time of solving the sums in accounting.

Increase More Productivity

It is likely to save time to make the preparation of accounting for an exam and helpful to avoid more difficulties in accounting solution which leads to increase overall productivity in the study.

This can, therefore, be a technique of competitive advantages for students in O & A level and even higher class accounting if they use the technique effectively in their study. I can definitely say that it may be a more effective method to get the quick solution with less time consuming for the students in accounting. 

Source: https://www.linkedin.com/pulse/why-needs-new-simultaneous-method-financial-anwar-hossain?trk=v-feed&lipi=urn%3Ali%3Apage%3Ad_flagship3_profile_view_base_recent_activity_details_shares%3Bvd6SwYFQY0Bp4jJ5MjEnPA%3D

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