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16 Cards in this Set
- Front
- Back
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Intranets
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- Based on same software as the internet
- Internal to the organization - Outsiders are unable to access information |
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Extranets
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- Enable external users to access intranets
- Utilize passwords or private data communication channels |
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XBRL
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Extensible Business Reporting Language
- specialized software language for the financial reporting industry |
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EDGAR
EdgarScan |
Electronic Data Gathering and Retrieval Database
PwC - change Edgar info into a common format |
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XML
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eXtensible Markup Language
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XBRL and XML - which is subset
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XBRL is subset of XML
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Why XML is different form HTML
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- tags are extensible (able to grow)
- tags describe the data rather than just indicating their display |
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Benefits of XBRL
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- tags are standardized for business reporting purposes
- ease of corporate comparisons |
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How XBRL affects accountants
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- Provides greater transparency
- Permits automatic and reliable exchange of financial information across diff. formats and technologies - Doesn't require a change to existing accounting standards or requirements - eliminates the need to re-enter financial data for diff. users - lowers cost of prep and distribution of fin. statements - improves investor/analyst access to information - allows CEO and CFO to deliver more transparent info |
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EB
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Electronic Business
- conducting business without computers |
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Categories of EB
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- Retail sales
- E-payment/E-cash - E-Wallets - Cloud computing - EDI |
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EDI
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Electronic Data Interchange
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Retail Sales - Advantages of virtual stores
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- web page is cheaper than creating/mailing catalogs
- distribution = worldwide - selling = around the clock, no additional staffing - product information can be easily accessed |
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E-Payments
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- Ability to identify its users
- eliminates the need to transmit credit card numbers over the internet - paypal |
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E-Wallet
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- software application that store a consumer's personal information
- credit card numbers and shipping addresses |
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Advantage of E-Wallet
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User doesn't have to input all information multiple times when ordering online
ex: amazon before they remembered personal info |
