Summary
The speedy development of the Internet in the past decade has made the global information network of today like the invention of telephone centuries ago, thoroughly changing the ways that businesses operate. How accounting firms would take advantage of the Internet to enhance working effectiveness and efficiency, expanding business and assisting clients, is discussed in this paper. The research aims to explore the Internet applications of accounting firms in Taiwan. Data were collected through questionnaire surveys of 595 CPA firms selected randomly from the registered list of the CPA Association of Taiwan, of which 73 out of 84 questionnaires returned were effective for analysis. The study found that the main reasons for accounting firms implementing the Internet were for sharing internal resources, enforcing communication with clients and cost saving, while the major usage of the Internet was in database research, documenting and file transmission. Results of analysis about firms after applying the Internet, whether internally or externally, were all positive. Differences in Internet establishment and level of usage produced different effects on accounting firms.
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Extract
A Survey Investigation Into the Use of the Internet Among Accounting Firms
1. Introduction
With its overwhelming popularity, the internet has been an important device to obtain profit since the end of the last century. The Internet has not only brought nearly revolutionary changes to business in general, it also has had a significant effect on human society. Facing the huge impact of the internet, business could no longer overlook internet applications in enhancing their competitive advantage.1.1 Background and MotivationIn a service industry, the internet has provided global consumers with various choices around the clock. In the accounting profession, CPAs have always been consultants to business. Those CPAs who wanted to maintain their business could no longer overlook the advantages of the internet. Besides, accounting firms had the first hand opportunity and responsibility to suggest to clients how to use the internet to expand competitive advantage. This study discusses the advantages brought about by the internet.The information technology applied by accounting firms has been slower than in other industries in Taiwan. The use of e-mail was already a millstone for many accounting firms, some of which even had to found...See the full content of this document
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