tailieunhanh - Lecture Accounting information systems: Controls and processes (3rd Edition): Chapter 14 - Turner, Weickgenannt, Copeland

Chapter 14 - eCommerce and eBusiness. This chapter presents the following content: An introduction to e-commerce and e-business, the history of the internet, the physical structure and standards of the internet, e-commerce and its benefits, the privacy expectations in e-commerce,. | Chapter 14 SO 1 An introduction to e-commerce and e-business. Chapter 14 eCommerce and eBusiness An introduction to e-commerce and e-business The history of the Internet The physical structure and standards of the Internet E-commerce and its benefits The privacy expectations in e-commerce E-business and the IT enablement E-business enablement examples Intranets and extranets to enable e-business Internal controls for the Internet, intranets, and extranets XML and XBRL as e-business tools The ethical issues in e-business and e-commerce Study Objectives 1. On the topic, “Challenges Facing Financial Accounting,” what did the AICPA Special Committee on Financial Reporting suggest should be included in future financial statements? Non-financial Measurements (customer satisfaction indexes, backlog information, and reject rates on goods purchases). Forward-looking Information Soft Assets (a company’s know-how, market dominance, marketing setup, well-trained employees, and brand image). Timeliness (no real time financial information) Real World Electronic Data Interchange (EDI) Wal-Mart uses EDI for business to business transactions Technology advanced to allow EDI for free over the Internet Concerns existed about security 2002 Wal-Mart felt the new AS2 security standards were adequate Wal-Mart gave 10,000 small and mid-sized suppliers one year to switch to Internet EDI EDIINT AS2 This was a big change from its traditional EDI and value-added networks Impacted other large companies/suppliers as well Wal-Mart is seen as the market maker for Internet EDI Buyer and seller both have to use the same EDIINT AS2 protocol Wal-Mart forced large number of suppliers to switch Other buyers then had to switch to match them SO 1 An introduction to e-commerce and e-business. E-commerce - electronically enabled transactions between a business and its customers. E-business - includes not only electronic trade with customers, but also servicing customers and vendors, trading information . | Chapter 14 SO 1 An introduction to e-commerce and e-business. Chapter 14 eCommerce and eBusiness An introduction to e-commerce and e-business The history of the Internet The physical structure and standards of the Internet E-commerce and its benefits The privacy expectations in e-commerce E-business and the IT enablement E-business enablement examples Intranets and extranets to enable e-business Internal controls for the Internet, intranets, and extranets XML and XBRL as e-business tools The ethical issues in e-business and e-commerce Study Objectives 1. On the topic, “Challenges Facing Financial Accounting,” what did the AICPA Special Committee on Financial Reporting suggest should be included in future financial statements? Non-financial Measurements (customer satisfaction indexes, backlog information, and reject rates on goods purchases). Forward-looking Information Soft Assets (a company’s know-how, market dominance, marketing setup, well-trained employees, and brand image). .