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Business

University of the Pacific

1998

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Silicon Valley Meets Norwalk, Timothy Louwers, William R. Pasewark, Eric W. Typpo Aug 1998

Silicon Valley Meets Norwalk, Timothy Louwers, William R. Pasewark, Eric W. Typpo

Eberhardt School of Business Faculty Articles

The article discusses financial reporting issues raised by the U. S. corporations in the increasing use of the Internet. The Internet is affecting traditional statements and audits as companies explore online options. Financial information is now easily available online, creating a new readership. CPAs must consider how to help make this information useful to the expanded public. Companies need to identify who will use their sites and provide appropriate features. Search engines help users connect information from all over a given Web site. Analysts may want to download financials into spreadsheets.