Accounting information systems 12th SIMKIN and norman chapter 14

Chapter 14:

Accounting on the Internet
Introduction
The Internet and the World Wide Web
XBRL - Financial Reporting on the Internet
Electronic Business
Privacy and Security on the Internet

Chapter
14-1


The Internet and
World Wide Web
Internet Addresses and Software

Intranets and Extranets

The World Wide Web, HTML, and IDEA

Groupware, Electronic Conferencing, and Blogs

Chapter
14-2


Internet Addresses and
Software
Domain Address



Also called a Uniform Resource Locator (URL)



www.Name.com.uk

Internet Protocol (IP)



Numeric address of domain address



207.142.131.248



Transmission Control Protocol (TCP)

Chapter
14-3


Intranets and Extranets
Intranets



Based on same software as the Internet



Internal to the organization



Outsiders are unable to access information

Extranets



Enable external users to access intranets



Utilize passwords or private data communications channels

Chapter
14-4


The World Wide Web,
HTML, and IDEA
World Wide Web



Multimedia portion of the Internet

Hypertext Markup Language (HTML)


Editing language



Used in design of web pages

Hypertext Transfer Protocol (HTTP)



Communications protocol used to transfer web pages

Chapter
14-5


HTML Code

Chapter
14-6


Display of HTML Code

Chapter
14-7


Groupware, Electronic
Conferencing, and Blogs
Groupware



Allow users to complete numerous tasks electronically



Send and receive e-mail, collaborate on work tasks, schedule appointments, share files



Software include Exchange, Groupwise, Lotus Notes, and Outlook

Chapter
14-8


Groupware, Electronic
Conferencing, and Blogs
Instant Messaging Software
 Remote

users communicate in real time

 Electronic Conferencing

Knowledge Management
 Programs

utilized to distribute expertise within the
organization

Blogs
 Collaboration

tool
 Create, share, and leverage knowledge

Chapter
14-9


Study Break #1
Which of the following is most likely to contain only numbers?
A.Domain address
B.URL address
C.IP address
D.Postal address

Chapter
14-10


Study Break #1 - Answer

Which of the following is most likely to contain only numbers?
A.Domain address
B.URL address
C.IP address
D.Postal address

Chapter
14-11


Study Break #2
Which of the following enables users to view data with a web
browser?
A.Intranet
B.Extranet
C.Internet
D.All of these

Chapter
14-12


Study Break #2 - Answer
Which of the following enables users to view data with a web
browser?
A.Intranet
B.Extranet
C.Internet
D.All of these

Chapter
14-13


XBRL - Financial Reporting
on the Internet
eXtensible Markup Language (XML)



Similar to HTML



Users define their own tags



XML tags describe the data

eXtensible Business Reporting Language



Tags are standardized for business reporting purposes

Chapter
14-14

XBRL Code

Chapter
14-15


XBRL - Financial Reporting
on the Internet
XBRL Instance Documents and Taxonomies



Must understand the standard tags



Must understand the rules that govern the use of the tags

Current Status of XBRL



XBRL International Consortium

Chapter
14-16


How XBRL Affects Accountants

Chapter
14-17


XBRL - Financial Reporting
on the Internet
The Benefits of XBRL



Transmit financial data in standard format



Data items are uniquely defined



Searching for tags is easier (IDEA)



Data is self-checking



Automatic and reliable exchange of financial information



Companies are not constrained to specific formats

Chapter
14-18


XBRL - Financial Reporting
on the Internet
The Drawbacks of XBRL



Requires new users to learn, and conform to, the standards of the language



Evolving standards require conformity to changing specifications



No requirement for auditors to provide assurance



Costs of transition

Chapter
14-19

Study Break #3
All of the following are markup languages (that use edit tags)
except:
A.HTML
B.BYTE
C.XML
D.XBRL

Chapter
14-20


Study Break #3 - Answer
All of the following are markup languages (that use edit tags)
except:
A.HTML
B.BYTE
C.XML
D.XBRL

Chapter
14-21


Study Break #4
A document file containing XBRL tags is a(n):
A.Extranet document
B.Intranet document
C.Instance document
D.URL

Chapter
14-22


Study Break #4 - Answer
A document file containing XBRL tags is a(n):
A.Extranet document
B.Intranet document
C.Instance document
D.URL

Chapter
14-23


Electronic Business
Definition



Conduct of business with computers and data communications

Categories of Electronic Commerce



Retail sales



E-payments and E-wallets



Electronic data interchange



Cloud-computing services

Chapter
14-24


Retail Sales
Overview
 Virtual

stores to sell directly to customers
 Automated AISs

Problems with Internet Retail Sales
 Legitimacy

of web sites
 Reliance upon e-mails
 Reliance upon suppliers
 Click fraud
 Privacy concerns

Chapter
14-25