ACCT 484 Lecture Notes - Lecture 26: Data Encryption Standard, Universal Business Language, Public-Key Cryptography
26 Oct 2016
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Document Summary
Identify three newer internet based technologies that you believe will be important today and in the future for accountants to know about: data act, data audit standards, big data. What is e-commerce: buying and selling electronically, transmitting funds, goods, services, and/or data between two businesses or a business and a customer, e-business automating business processes in general via the internet . Edi (electronic data interchange) ubl (universal business language) Privacy and security on internet: privacy and identity theft, security, firewalls, intrusion detection systems, value-added networks, proxy servers. Data encryption: techniques that transform plaintext messages into unintellible cypertext, encryption key, des (data encryption standard, secret key cyptography, public key encryption. Digital signatures and digital time stamping: digital signature. Impact on corporations: assume you work for a publicly traded company that does business with the federal government. Must submit data that meets the data standards. You have to have data in the standard format.
