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BUSINESS & INTERNET By Pablo, Duy and Tao 03/25/22

BUSINESS & INTERNET By Pablo, Duy and Tao 11/19/2015

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BUSINESS & INTERNET

By Pablo, Duy and Tao04/20/23

Agenda Internet Introduction

Modern uses

Conclusion

References

Internet Introduction Internet History

ARPA (Advanced Research Project Agency) The Foundation of Internet

ARPANET TCP (Transmission Control Protocol) “Internet”

Modern Uses ACCOUNTING

E-COMMERCE

ACCOUNTING Definition

Old methods

Use of computer and internet in Accounting

What is Accounting?

The ART of recording, classifying, and summarizing

in a significant manner and in terms of money,

transactions and events which are, in part at least, of

financial character, and interpreting the results thereof (AICPA).

ACCOUNTING

Manual Accounting A bookkeeper kept the journals, the accounts receivable, the accounts

payable and the ledgers in his best possible penmanship(*).

ACCOUNTING

Computerise AccountingOne of the first accounting programs was Lotus 1-2-3

(1983).

Small test(*) : Hand-done Computer

12 minutes to set up

18 minutes to perform the computations

30 seconds to load the spreadsheet

4 minutes to input the information

Less than one second for it to be tabulated and printed

ACCOUNTING

Internet and Accounting Training

Free Easy to get access Changing the way people learn accounting

ACCOUNTING

Applications

MYOB is a leading international provider of business management solutions

Internet and Accounting

ACCOUNTING

E-COMMERCE Definition

Utilities (innovations)

Specific fields

E-COMMERCE

Consists of the buying and selling of products or

services over electronic systems such as the Internet and other computer networks (wikipedia.com).

What is E-commerce?

Utilities 1. Electronic funds transfer (EFT)

2. Supply chain management

3. Internet Marketing

4. Online transaction processing

5. Electronic data interchange (EDI)

6. Inventory management systems

E-COMMERCE

Specific fields

E-COMMERCE

CONCLUSION

INTERNET

Important tool for business Made business easier and faster Have changed the way how companies encourage consumers

FUTURE Companies working only through internet, non presential, online office

REFERENCE LIST `Wikipedia – E-commerce´, http://en.wikipedia.org/wiki/E-commerce , 22/05/10

`Wikipedia – Internet´, http://en.wikipedia.org/wiki/Internet , 22/05/10

`Ultimosoft – Supply chain´, http://www.ultimosoft.com/industry/supplychain.html , 24/05/10

Carol L. Cook; How Computers Have Simplified Accounting´; http://www.yale.edu/ynhti/curriculum/units/1989/7/89.07.06.x.html#e; 18/05/10

www.accountingcoach.com , 18/05/10

www.myob.com, 18/05/10

THE END

THANK YOU FOR LISTENING!=.=