Evaluation of Will the Web Kill Colleges Essay

1814 WordsSep 27, 20128 Pages
Evaluation of Zephyr Teachout's Article “Will the Web Kill Colleges?” The article brings to some interesting views on the futures of colleges and the experience that goes along with that first important step into adulthood. He brings some serious points to the argument. First, the traditional college experience versus an online college experience. Next, the quality of the online course information, as well as, having a tenured professor or an average non-degreed person teaching/monitoring a course. Then, he asks the question “Will employers take a person with an online degree just as serious as a traditional means degree?” Will they hold the same water so to speak? And finally, he weighs the pros and cons of the cost of…show more content…
You can order anything from books, movies, dinner, household items. You can even do our banking and manage your finances over the web. Eventually accountants are bound to evaluate the medium and experiment with providing their current and expanded services over the Internet (Kogan, Sudit, Vasarhelyi. 2009). The challenge for the profession is to offer a balance of services that are sound, that eventually will be profitable, and that satisfy the needs of e-commerce and of society at large. As specific new offerings like online tax consulting, and remote auditing evolve, demand for the electronic version of traditional services, such as accounting/bookkeeping services on the net will follow (Kogan, Sudit, Vasarhelyi. 2009). With these challenges to accountants, they will have to change their current methods of calculating, writing, storing, and talking to the client from on paper and in person to all done over the computer and internet. Historically, accounting was performed in columned ledger books and required hours to record relevant information. Each transaction was recorded in daily activity, then summarized into monthly results and quarterly, annual and comparative reports. One or more clerks were responsible for recording this data legibly by hand, many using ink pens that would lead to reworking a page with too many accidental ink blots. Those using pencils and erasers had some flexibility and could then “ink over” final reports, making the
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