Web-Based Reporting
- Topics:
- Line of Business Reporting
- Tags:
- Certified Public Accountant,
- Channel Management,
- Finance,
- Financial,
- Financial Accounting,
- Marketing,
- Web
- Source:
- The CPA Journal
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Overview: The article tells that web-based financial reporting is no longer a dream, it is a reality. As with many emerging technologies, however, there is little in the way of specific implementation guidance. Companies should remember that the same federal securities laws that apply to paper-based reporting apply to electronic media. Accounting is about providing timely, useful information to decision makers. With web-based reporting, information is no longer available only at the end of the quarter or year; it is available instantaneously, in real time. Communicating financial information in paper-based format is costly, and web-based reporting promises to reduce such costs. Web-based reporting can reduce communications cost and avoid printing and distribution costs through a shift from paper-based statements to electronic dissemination.
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Format: HTML | Date: Jan 2003 | Pages: 1
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