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Silicon Valley Meets Norwalk
Oleh:
Pasewark, William R.
;
Louwers, Timothy J.
;
Typpo, Eric W.
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
Journal of Accountancy vol. 186 no. 2 (1998)
,
page 20-28.
Topik:
silicon valey
;
silicon valley
;
norwalk
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
JJ85.7
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
The FASB, housed in Norwalk, Connecticut, is very far - physically and culturally - from Silicon Valley. As guardian of the traditional and sober world of financial accounting, it would seem to have nothing in common with the flashy graphics, animation and music of the World Wide Web. What do lists of HTML code and Java applets have to do with scholarly tomes of accounting regulations ? Plenty. Behind online company logos are Web sites jammed with financial information - pages of annual reports connected to each other and the rest of the corporate site in ways undreamed of with printed documents. And in recognition of the increasing role the Internet will play in financial accounting, FASB is exploring the many reporting issues the Internet raises. Whether you prepare, audit or use financial statements, you need to know what some companies are doing online today with their financials - and what further options the Internet offers for tomorrow. Virtually every Fortune 500 corporation has a Web site. Visitors to them can find facts on distribution, customer service, product awareness, environmental consciousness - and the bottom line. Financial information that companies formerly disclosed only to those who requested it by mail is now available to anyone with Internet access. Preparers and auditors therefore must evaluate this new online audience to learn how they are using data. In such an environment, how can CPA s help make financial and other corporate information useful for current and potential investors as well as the public at large ? Look at what some corporations have already done.
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