Accounting Sites Summary Essay

Submitted By cgjcas85
Words: 1853
Pages: 8

1.a. The site www.whatis.com is an IT encyclopedia and learning center with the following types of information:
• “Cheat sheets” – documents/sites that provide glossaries, descriptions, tutorials, links, and information related to information technology, information security and MS office programs.
• Learning Guides - educational tools related to the information technology workplace. Examples of available tutorials include Three approaches to hybrid cloud technology, A beginner’s guide to virtualisation, and supplier profiles (e.g. Oracle, Dell, Symantec)
• Quizzes – covering information technology niche areas or basic terminology
• Technology-Specific Sites – includes IT related search sites and index of IT related topics
• Definitions – Information technology related definitions with associated descriptions/explanations
• File Extensions – alphabetical list of known file extensions with short explanations
There are links to topics covering financial accounting, financial applications, definitions, and tutorials. (http://searchfinancialapplications.techtarget.com/resources) as they relate to information technology. This is a valuable resource for those looking for information on specific financial definitions or programs. I would use this as a reference for IT related information since it is written at a basic level.

1.b. The following definitions are examples of what the site(s) offer(s):
• Neural networks: A system of programs and data structures that are the information technology equivalent of a brain. Includes many processors with their own knowledge bases. The networks use several principles to respond to outside data including genetic algorithms, “fuzzy logic”, and gradient based training. (http://searchnetworking.techtarget.com/definition/neural-network)
• Rapid Application Development Design: A concept for (primarily) software development encompassing software re-use, prototyping, rigid schedules and minimal formality through focus groups or workshops. The goal is higher quality software designed in less time. (http://searchsoftwarequality.techtarget.com/definition/rapid-application-development)
• Thin client: centrally managed computer which have minimal software and no expansion devices. A thin client may also refer to software applications, similar to a “dummy” terminal, where the server performs all the processing. (http://searchnetworking.techtarget.com/definition/thin-client)
• Enterprise Resource Planning (ERP): Activities that assist business with managing specific areas (i.e. financial). Information derived from these activities provide visibility for key performance indicators (KPIs) used by business to set forth objectives. The ERP financial module program gathers info and produces accounting reports such as ledgers, trial balance data and financial statements. (http://searchfinancialapplications.techtarget.com/definition/ERP-finance-module)
• Decision support system: Informational application that analyzes business data and presents the data for use in decision making. (http://searchcio.techtarget.com/definition/decision-support-system)
• Accounting Information System (AIS): Predominantly a computer based method for collecting, storing and processing financial and accounting data.( www.investopedia.com)
• Executive information systems (EIS): Infrastructure that provides executives with immediate operational data. Multiple databases may provide input into the EIS. (http://www.businessdictionary.com/definition/executive-information-system-EIS.html)

2. Webtrust is a software program focused on ensuring that proper procedures are used in e-commerce transactions as well as public key infrastructure (PKI) and cryptography. The Webtrust seal indicates that the business has been certified to a known and approved standard and is "trusted" to engage in e-commerce. Companies certified in Webtrust have a specific PKI certificate. If I were engaging in e-commerce, I would…