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BComp Assignment
BComp Assignment
BSAIS – 2A
February 7, 1958 was the day Secretary of Defense Neil McElroy signed Department of Defense Directive 5105.15. His
signature launched the Advanced Research Projects Agency (ARPA), now known as the Defense Advanced Research Projects
Agency (DARPA). The creation of the agency is an important moment in science history because it led to the creation of the
internet we recognize today.
The Cold War was in full swing in the 1950s, and the US was worried about the Soviet Union’s growing scientific prowess.
Because of Sputnik 1, launched in 1957, the US military was concerned about the Soviet Union attacking from space and
destroying the US long-distance communications network.
The existing national defense network relied on telephone lines and wires that were susceptible to damage. In 1962,
J.C.R. Licklider, a scientist from ARPA and MIT, suggested connecting computers to keep a communications network active in the
US in the event of a nuclear attack.
This network came to be known as the ARPA Network, or ARPAnet. Packet switching made data transmission possible in
1965, and by 1969, military contractor Bolt, Beranek, and Newman (BBN) developed an early form of routing devices known
as interface message processors (IMPs), which revolutionized data transmission.
The Stanford University Network was the first local area network connecting distant workstations. In 1981, the NSF
expanded ARPAnet to national computer science researchers when it funded the Computer Science Network (CSNET). BBN
assumed CSNET operation management in 1984.
ARPAnet adopted the transmission control protocol (TCP) in1983 and separated out the military network (MILnet),
assigning a subset for public research. Launched formally as the National Science Foundation Network (NSFNET) in 1985,
engineers designed it to connect university computer science departments iacross the US.
"ARPAnet's transition to the open networking protocols TCP and IP in 1983 accelerated the already burgeoning spread of
internetworking technology," says Stephen Wolff, principal scientist with Internet2. "When NSF's fledgling NSFNET adopted the
same protocols, ARPAnet technology spread rapidly not only to university campuses across the USA to support the higher
education community, but also to emergent Internet Service Providers to support commerce and industry."
The NSFNET eventually became a linked resource for the five supercomputing centers across the US, connecting
researchers to regional networks, and then on to nearly 200 subsidiary networks. NSFNET took on the role of internet backbone
across the US, with ARPAnet gradually phased out in 1990.
1989 saw a major step forward in internet communications. Tim Berners-Lee of the European Organization for Nuclear
Research (CERN) created the hypertext transfer protocol (http), a standardization that gave diverse computer platforms the ability
to access the same internet sites. For this reason, Berners-Lee is widely regarded as the father of the world wide web (www).
The Mosaic web browser, created in 1993 at the National Center for Supercomputing Applications (NCSA) at the
University of Illinois Urbana-Champaign, was a key development that emerged from the NSFNET. Mosaic was the first to show
images in line with text, and it offered many other graphical user interface norms we’ve come to expect today (like the browser’s
URL address bar and back/forward/reload options for viewing webpages.)
Eventually the NSFNET modified its acceptable use policy for commercial use, and by 1995, it was decommissioned.
Soon, the internet provider model created network access points that allowed the for-profit, commercial side of the internet to be
developed.
The internet went from being an obscure research idea to a technology that is used by over 3.2 billion people in less than
sixty years. Computer science has moved fast, but hold on tight, you can be sure it’s not done evolving.
(Source: https://www.investintech.com/resources/articles/historyinternet/)
The Internet and Its Effects On Accounting Departments
The effect of the internet on accounting departments has created new challenges for many CPA firms and their clients. It
has forced dealerships and their CPAs to upgrade their computer systems and software and sometimes even their personnel. All
accounting personnel need to be trained to use the internet effectively, whether it is accessing multiple dealership locations,
suppliers or financial institutions.
Accounting departments have upgraded their accounting servers to accommodate Microsoft Outlook, Word and Excel.
Many departments have had to buy and install network versions of their accounting software. Besides upgrading their software,
dealers have upgraded their printers to lasers instead of inkjets, bought network instead of local printers, installed scanners and run
network cables to every workstation.
Clients are now able to email accounting information to their CPAs, enabling both the client and the CPA to interact more
quickly to review and adjust their accounting records. Examples of emailed files include Excel spreadsheets to help analyze and
recap information, text files to import into Excel and other accounting and sales database files.
Many office managers and dealers now access their bank accounts online each day to monitor their cash flow, specifically
funding of contracts in transit. They can download cleared deposits and checks from banking software and import directly into
accounting software for reconciliation.
Dealerships can email authorization for floor plan and line of credit payments to their lenders or initiate them directly
online.
What does all this mean? Can accounting departments and their personnel keep up with these changes? Yes, they can. It
starts with training. Many office managers, or other personnel, may need to be trained to understand the basics of new programs
and hardware. Some of these may include additional training from local high schools or colleges. Third party vendors or local
computer vendors may offer courses or you can learn from someone in your dealership that has more extensive experience. Your
accountants can also train personnel to utilize all the features of your accounting software, such as bank reconciliations, memorized
transactions, custom reports, and detail general ledgers, to improve the efficiency of the accounting department. Unfortunately
during the process of training, it may become necessary to replace employees who are unable or refuse to learn the new job duties.
Using communication software such as PC Anywhere, VPN, VNC and terminal services connections anyone you
authorize may access your data from anywhere that has an internet connection. This enables real time analysis of your dealership
data with your accounting personnel. The internet also lets you download the data to other software or third party vendors you have
authorized to receive your data.
Some dealerships scan documents into PDF or other type of image files and store them on servers. Sending PDF files by
email is an efficient and simple way to transmit data without the cost of a long distance phone call used by your fax machine. For
the most part, these documents are also easier to read than faxes. They also do not have to be printed, but can be reviewed on the
screen and stored electronically by anyone you send them to for future reference.
Paper takes up space. Hard drive space is much cheaper and easier to deal with than storage buildings and attics where
papers have been stored in the past. Purging of records based on retention requirements also becomes much easier to manage in
electronic format. An easy way to turn your reports into electronic files is to use Adobe Distiller (not Adobe Reader, which only has
the ability to read PDF files) or other low cost PDF freeware programs.
Has the internet really improved your accounting department? I hope so. I know it has improved the methods of
communication between dealers and their CPA’s. From our side we are now able to log directly into many of our dealership’s
computer systems and review their accounting data as requested. We are able to print tax returns and financial statements to a
PDF file format and email them to dealers and their lenders with the client’s permission.
(The internet has improved the speed at which data can be exchanged between dealers and those that they wish to communicate with.
This allows quicker adjustments when necessary to trends and changes within the industry. Frankly, I don’t know how we ever got along without the
internet.)
(Source: https://www.autodealertodaymagazine.com/308253/the-internet-and-its-effects-on-accounting-departments_)
Consumers are hungry for more bandwidth, and that increasing hunger isn’t going to wane for a long time. Consumers
want higher-definition movies, faster and more frequent points of information retrieval, and more advanced user interfaces for their
favorite apps and websites. That results in a projected 30-40 percent annual increase in bandwidth demand for the next several
years—and somebody needs to design an infrastructural network capable of supporting that.
(Source: https://www.datasciencecentral.com/profiles/blogs/the-6-biggest-internet-problems-we-need-to-
solve)
Importance of Internet
•Entertainment Undeniably, the internet runs our lives and therefore the
Sources of entertainment started to shift towards the internet. Platforms importance of internet cannot go unmentioned. We should, therefore,
like Netflix and YouTube readily provide entertainment on the go. take the appropriate measure to avoid risks discussed above as well as
Moreover, there are free entertainment sources such as YouTube, using the internet in an educated manner to protect ourselves from things
Facebook Video, blogs, and open gaming platforms. The internet allows such as cyberbullying.
entertainment and active interaction to occur simultaneously.
•Communication
The internet plays a vital role in ensuring that people stay in contact
regardless of the physical barriers. Most friendships and business
connections would die without the internet. It may not be equivalent to
face-to-face communication, but the internet allows people to maintain
important relationships. The internet also helps people to create new
friendships and partnerships.
The internet keeps people in touch with the rest of the world.
Initially, one would only know the stories that the mainstream media
reported. Now, however, people get to learn about different countries and
people across the world directly from the source. The internet exposes
people to the world without filters or boundaries allowing them to develop
informed opinions.