Comparison Of Traditional Accounting And Network Accounting

The 21St century is coming. All people can see that productivity is bringing great changes to every aspects of human societyEconomic structure, social relation and people抯 concept will be adjusted.When Internet is changing everything in our life, the Netaccounting comes after. Being an important part of E-commerce , it will shock the traditional accounting very much. Then what is the Net-accounting? What difference between the Net-accounting and traditional accounting? In this article, a preliminary comparison in accounting theory and accounting practice is developed.The Net-accounting is on the basis of network, it can provide long-range data, telecomputing, teamwork, and support electric money, electric billings. On the other hand, we have been using paper billings and paper money under the traditional accounting. The Net-accounting is the tendency of our accountancy, but it also has its shortcomings, untrue message, which are analyzed here in this dissertation.