Author: gabemccoy1486

Software and how it changed the finance world

Technology has made a significant impact on all our lives. And it continues to grow and change every day; it’s just incredibly challenging to keep on top of all the latest offerings. Just think about the advances that have been made in the medical industry alone with surgical techniques and software applications that hold databases filled with medical information that can analyze symptoms and report on the best possible treatment options.

Technology has also turned the world of accounting upside down as well. Accounting is akin to a universal language; there just aren’t too many ways to perform basic math to come up with total assets and liabilities. Generally accepted accounting principles (GAAP) also help to ensure that the world of accounting has a standardized method of reporting. So, let’s take a deeper dive to see how software has impacted the financial world.

Without going into too much of the devilish details, here’s a very brief peek into the evolution of “technology.”
• Abacus
• Adding machines
• Calculators
• Detailed ledgers of numbers, rows, and columns that had to be footed and cross footed
• Microsoft Excel lessened the need for the old adding machine and calculator, not to mention lowering the degree of error
• Cloud computing

Profitability margins, tax preparation, budgeting, forecasting, and the development of financial statements all have multiple software applications that are faster and more accurate than an “old” accountant could have ever been.

From an educational perspective, teachers and students alike don’t have to spend as much time learning the very basic issues. That allows educators to focus more on strategic planning and forecasting, which is a very meaningful part of the industry that involves more interpretation of the numbers, rather than the actual numbers themselves. With software comes a greater need for basic computer skills, which these days most youngsters already have before they enter elementary school.

Listing all the available applications today would be an unreasonable task; however, we can review a condensed listing of some of the types of applications that are available and have an impact on accounting.

Forensic accounting is more critical today than ever before. Can you say Enron? Besides the world of accounting and technology, the land of fraud has grown and become more sophisticated as well. Reviews, assessments, and investigations by accounting experts have experienced incredible advances in financial statement audits, money laundering, and embezzlement. Each of which is more readily identified and interpreted with the use of technology.

Enterprise resource planning (ERP) has changed the way that accountants interact with other departments in the business. They now have the ability to differentiate between all departments and report on the specific contributions made (or not made) by each area of the organization. All of which allows for faster and more informed decision-making for senior management because they have a clearer view of the big picture.

The Sarbanes-Oxley Act (SOX) of 2002 and its impacts on finance, internal controls, and auditing can’t be left unstated. SOX was the first effort to detect and prevent business fraud since the stock market crash of 1929. The act made both the chief executive and financial officers personally accountable for a publicly held company’s financial reporting. It also forms the engagement of accountants, internal and external auditors into a more cooperative and collaborative effort that aids everyone in the insurance of accurately stated financial reports. With much more detail involved in the act, suffice it to say that SOX has had an enormous impact on the publicly held business world. And the former “bean counters” overnight became valuable partners in the executive suite.

Supply chain management (SCM) applications have improved communication lines between buyers and sellers, which has optimized manufacturing efficiency and delivery channels. SCM has an even greater significance because it crosses and combines data from more than one organization, such boundaries have never before been broken.

Decisions are no longer made based on what you think may happen or how they will impact the people involved in the organization; they are based on data. Numbers don’t lie, and while there still may be an element of interpretation involved, the right data can be available at the right time to ensure the right financial decisions. Executives understand how vital accurate financial reporting is and how it can be an essential component to improve performance and increase shareholder wealth.

Although technological advances have substantially changed accounting, we still need humans to initiate change and ensure operational integrity. There will forever be opportunities for increased organizational growth as well as painful downsizing and combining of duties to achieve greater efficiencies. Some may think that technology has removed the human element from business and perhaps it has; however, it is most certainly clear that failure to keep up with current technological advances and the quest for becoming more and more efficient, puts you at risk for being put out to pasture.

Internet and How it Altered the Las Vegas Escort Industry

Before the surge of social media, people had a harder time finding Las Vegas Escorts. They had to get the free magazine ads on the street or get the tart escort cards from the people on the Vegas Strip handing them out. It was harder to connect before the internet. Not being able to see what you were getting could bother some clients. Nobody wanted their dreams to be a disappointment. But, with innovation, the internet has revolutionized that making it more convenient for people to meet escorts online.

Now, there are many social media sites such as Eros, Backpage, Craigslist, or even some local Las Vegas sites such as that are dedicated or have sections of the site dedicated to the adult section for escort services. So, instead of walking the Vegas Strip or searching Freemont street, you can search from your hotel room or living room for companionship.

The internet has made it safer than streetwalking and getting in trouble with law enforcement for escorts. Clients and workers can exchange information to make it more convenient and less worrisome. Online information such as phone number, hotel name, identification, credit card information, etc. can be exchanged which makes the experiences much safer than doing business on the streets. You would have some details about the person you meet.

Even though prostitution is legal in Nevada, it’s only legal in certain counties. In the city of Las Vegas, it is illegal to prostitute. So, the Internet has been used to prostitute in the guise of escorting. So, instead of being at risk of being arrested for prostitution on the street, behind closed doors law enforcement wouldn’t know. The internet already set it up.

Online, you can Hire Escorts from and meet Las Vegas escorts at different prices.

When clients go online they can see many photos of escorts, the prices they have listed, their dos and don’ts, and communicate with any questions. They can Hire Escorts from when the client shows their identification and tells what hotel room they’re at, both parties can feel at ease. Having all of the information makes it much safer than just meeting a complete stranger on the street. If anything happens, the client or worker’s information will be provided to law enforcement.

For the workers, escorts can also inform other escorts about bad clients. By keeping track of bad clients, other escorts will know who to avoid. Clients can now see and choose what escort they want to hire and escorts can choose which client they want. The internet has provided this online escort community to communicate with and look out for one another.

There are so many escorts in the Las Vegas area and since Las Vegas is a place where many people from all over come to enjoy themselves, they are bound to meet an escort they like. The ratio would be evenly matched plus not to mention that Las Vegas is one of the few cities that stays open all night. Over the Internet, you can find escorts working all night or any time of the day. You can meet up with an escort and go to any restaurant, nightclub, casino or show 3’oclock in the morning. The Internet provides you the opportunity to learn more about the escort agency and to understand their procedures.

If your budget is an issue you can find less expensive escorts through Google search. While you have clients who will spend lots of money on services, there are some clients who won’t spend over $1,000.00 or even $500.00 for an escort.

Also, you have the independent escort who advertises her own services over the internet where there are no middlemen. She will set her own price which may be less because independent escorts won’t have to pay any fees to the escort agency or pimp. You can talk directly with her over the Internet and/or the phone.

Plus, just like reviews of car dealerships, movies, games, electronics, etc., the internet provides sites like that reviews escorts as well. By looking at other’s reviews of escorts by one to five-star rating you can get an idea of what you may get. So, the internet gives you many advantages of where you may or may not want to spend your money. You don’t have to worry anymore about getting low-end service spending your money. Online reviews are a great idea when there are escorts who do not service the customer properly but just want to take the cash and run. This will make the client want to carefully review each escort.

The Internet has come a long way in the world of business, media, entertainment, communication, etc., and the escort business is no different. The internet has given the power to choose freely the type of services you want and the power to negotiate if necessary. We can see and learn more about people through the internet. Not saying the internet is completely safe but has made situations safer. The World Wide Web is now a part of everybody’s lives like their automobile. The Internet has made things better for a lot of people!


Software and How it Changed the World

Bill Gates and his company, Microsoft, changed the world two decades ago even though personal home computers were already around since the mid-1980s. Although, it was Microsoft’s revolutionary computing software that made a greater impact when it was released to the world on August 24, 1995. Ultimately, it shaped the technology world ever since. Who was to know that Windows 95 was the one that started the tech ripple effects thereafter.

There were many things to come after this, again, even if there were operating systems before the year 1995, this one caused major ripple effects across the board, literally, the grid had a huge tidal wave coming its way, and it wouldn’t stop. Thereafter, many home computer systems felt the quakes of many uses for software which rippled heavily onto generations, and then the next, and then the next.

Features count
For example, the features on Microsoft’s operating system helped computer users work with less effort, as well as less complexity. Those computer “brainiacs” were the graphic designers and typesetters of the printing and publishing world as well as many other industries. The operating system helped by way of utilizing certain steps or “shortcuts,” thus making the work of the computer user easier and with more speed.

Some computer users call it a cultural phenomenon. One of those featured elements the software had was the Start Menu. Although, as the updated versions appeared thereafter, Microsoft removed it in 2012. On the other hand, it did have to reinstate it in its latest operating system because of its popularity.

In fact, the Taskbar feature was what set the stage for what a computer in the technology world should look like when it was in use. What made it so grand was that it was compatible with all the hardware on the market. Computer users recognized the need for an affordable PC (personal computer) that was versatile besides for the use of design and typing. They were in almost every home and school across the world because of their universal appeal to every age group and gender.

Another software shark swimming in the sea?
The timing couldn’t have been at a better time because there was another software company that joined the technology pool a week later. This company called itself Internet Explorer. Actually, it was the first browser on the web for many computer users. (Yes, you didn’t have to be a graphic designer, typesetter, or programmer to use one.)

Stats abroad, the UK and the US
The Office for National Statistics in the UK, for instance, claimed that PCs were in 1/4 of all homes during the year the two computer software giants came out that year (’95). In the US, it was calculated that 18M had an equipped PC with the online services at home as reported that same year. Nevertheless, it was only 7 years ago that 80% of households in the UK owned a computer, as reported by the same agency, and for it doubled as well for Americans. Now more than 75% of all US and UK homes had PCs.

Data, data, and more data…Google it.
With an abundance of data information developed on the world wide web, it was impossible for people to stay away from their PCs. When the desire to find that “long-lost” high school buddy came to mind, people could find them. Communication or entertainment in nature, the data info was there. Indeed, it appeared on many PC screens worldwide. Actually, it was the abundance of data information that took everyone by surprise it became so overwhelming that another company dove into the deep-end to organize such information. It was similar to a library catalog of sorts and they called it It was 1996 when Larry Page and Sergey Brin developed the ever-so-popular software that helped millions discover and learn about anything they wanted to know online.

Finally, there are many uses of software that changed the world in general. Consequently, we wouldn’t have to email, text messaging, MRIs, video games, desktop publishing software like Photoshop CS, those Car Crash Simulations, iTunes…to name a few. There’s a bigger picture though, and depending on what an individual does for personal or business will determine how they use the computer. Unbelievable to say, there’s so much history behind the computer software elements that the “Computer History Museum” in Mountain View, California now has an area called “the Computer Software Lab.” It will focus on several of these types of software that have been mentioned. The fact is to see more generations inputting their minds in technology with that of past generations makes the future brighter for an ever-changing world in technology. Consequently, it’s because of software; the question lies now on what would we do without it?

1. “RIP- Internet Explorer mourns and mocks the death of Microsoft’s browser.”
2. “Microsoft launched Windows 95 changing the world.”
3. “Americans going online: Explosive growth uncertain destinations.” 
4. Google.
5. Tashev, Kirsten October 05, 2012.