IMPACT OF INFORMATION TEHNOLOGY ON CORPORATE GOVERNANCE AND FINANCIAL REPORTING 1.0 INTRODUCTION The introduction of the computer and advent of the Internet has changed the way we live in the modern world. This spans across every aspect of human life. Modern innovations have led to the description of the age in which we live as “the Information age”. Information technology and management therefore plays a vital role to the extent that timely access to Information could save a life while improper
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CHAPTER 1 Goals and Governance of the Firm Answers to Problem Sets 1. a. real b. executive airplanes c. brand names d. financial e. bonds f. investment g. capital budgeting h. financing 2. c‚ d‚ e‚ and g are real assets. Others are financial. 3. a. Financial assets‚ such as stocks or bank loans‚ are claims held by investors. Corporations sell financial assets to raise the cash to invest in real assets such as plant and equipment. Some
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Licensed to: iChapters User Research Method and Methodology in Finance and Accounting Second Edition Bob Ryan Robert W. Scapens Michael Theobold Australia . Canada . Mexico . Singapore . Spain . United Kingdom . United States Licensed to: iChapters User Research Method and Methodology in Finance and Accounting Copyright © Bob Ryan‚ Robert W. Scapens and Michael Theobold 2002 _______________________________________________________________________ The text of this publication‚ or
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Privacy – Such a Lonely Word Examining the Implications of User Privacy to Corporate Management Privacy – Such a Lonely Word Examining the Implications of User Privacy to Corporate Management The concept of privacy has moved more and more toward the forefront of people’s minds since the attacks of September 11th‚ on the World Trade Center in New York. Privacy is not necessarily about ‘hiding something’ but it is more of a ‘liberty’ that many would argue is under attack by the government (Schneier
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What is Fair Value Accounting? An alternative approach to measurement that seeks to capture changes in asset and liability values over time. The International Accounting Standards Board (IASB) defines fair value as "... an amount at which an asset could be exchanged between knowledgeable and willing parties in an arms length transaction". Under the fair value measurement approach‚ assets and liabilities are re-measured periodically to reflect changes in their value‚ with the resulting change impacting
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A MODEL OF GOVERNANCE AND ACCOUNTING SYSTEMS IN AFRICA PROPOSAL FOR PHD IN ACCOUNTING AND FINANCE RESEARCH OBJECTIVES This research‚ which is motivated by the desire to understand the implications of the ongoing World Bank reforms‚ examines the role of accounting systems in governance improvements in Africa. The overall objective is to develop a model that will help explain the relationship between accounting systems and governance systems in Africa. The specific objectives of the study are to:
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FISA epitomizes the relationship between security and privacy‚ which has never been more prevalent than it is in this moment. FISA is the metaphor for the relationship between the American government and its people today. Citizens expect their government to protect them from foreign and domestic threats without willingly giving up much of their privacy. FISA has illustrated the government’s ability to manipulate the law in order to ensure the continuity of their power. The era post 9/11 has propelled
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PRIVACY Yet people often dole out all kinds of personal information on the Internet that allows such identifying data to be deduced. Services like Facebook‚Twitter and Flickr are oceans of personal minutiae — birthday greetings sent and received‚ school and work gossip‚ photos of family vacations‚ and movies watched. Computer scientists and policy experts say that such seemingly innocuous bits of self-revelation can increasingly be collected and reassembled by computers to help create a picture
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Technology is advancing‚ a fact no one can ignore. While being able to record all your hit tv shows isn’t the most damaging thing‚ cameras‚ on the other hand‚ can be. On June 5th‚ 2013‚ an English newspaper‚ Guardian‚ released top secret information about America’s foreign intelligence. Edward Snowden‚ a former NSA employee and the (anti)”hero” of the story‚ revealed all this and more after fleeing to Hong Kong to avoid persecution. With the truth out‚ controversies of the government’s power were
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Technology is constantly increasing and invades every aspect of a person ’s life. Accounting professions are no exception and even more so are affected by the information systems that are used within the accounting field. This paper will describe how information systems are changing the various aspects of the accounting profession and include a description of a variety of new technologies and their effects on accounting processes. In addition‚ this paper will discuss how these technologies have changed
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