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Internet - a revolution in Information and communication Technology

The 21 Century, as they call, is the age of the information / communication revolution. Rapid development in the fields of communication and information technologies over the past 10-15 years has made a tremendous impact on the socio-economic setup around the world. Businesses are now operating in a more dynamic and volatile environment then ever. Perceptions are changing as people now have easy access to vast information reservoirs. Territorial and geographical boundaries are vanishing and the WORLD is becoming a single global market place. To compete in this dynamic environment, people need to have access to the most modern technologies and introduce modern ways of communication to gain access to the information hubs.

Internet is thus one of the fastest growing phenomena in this regard. The Internet is a network of networks, linking computers to computers. Each runs a software to provide or "serve" information and/or to access and view information. The Internet is the transport vehicle for the information stored in files or documents on another computer.

Computers on the Internet may use one or all of the following Internet services:

Electronic mail (e-mail). Permits you to send and receive mail.
Telnet or remote login. Permits your computer to log onto another computer and use it as if you were there.
FTP or File Transfer Protocol. Allows your computer to rapidly retrieve complex files intact from a remote computer and view or save them on your computer.
The World Wide Web (WWW or "the Web") is the largest   and fastest growing activity on the Internet. The WWW incorporates all of the Internet services above and much more.

The Internet has become more than a complementary marketing medium. It is becoming the central nerve of business and commerce. By creating a successful Internet strategy a business can gain in the following manner:

Increase customer loyalty
Increase profitability
Reduce your business costs
Reduce customer service cost and response time
Expand business by reaching new customers using targeted and cost-effective methods

Accountants and the Internet

Like any other professionals, accountants also need to keep pace with the technological advancements in order to deliver their services in an effective and efficient manner.

The following information has been compiled by me as an attempt to summarise some of the useful WWW locations for students and professionals belonging to the accountancy profession:

LEADING AUDIT AND ACCOUNTING FIRMS

International

KPMG
http://www.kpmg.com
Ernst & Young
http://www.ey.com
Price Waterhouse Coopers
http://www.pwcglobal.com
Deloitte Touché Tohmatsu
http://www.deloitte.com

PROFESSIONAL INSTITUTES AND ASSOCIATIONS
Pakistan- Accounting

Institute of Chartered Accountants of Pakistan http://www.icap.org.pk
Institute of Cost and Management Accountants of Pakistan
http://www.icmap.com.pk

USA -Others

American Accounting Association
http://www.rutgers.edu
American Institute of Certified Public Accountants (AICPA)
http://www.aicpa.org
National Association of State Accountancy Bodies http://www.nasba.org
Institute of Management Accountants http://www.rutgers.edu

UK-Accounting

Institute of Management and Administration
http://www.ioma.com/

Information Systems Audit and Control Association and Foundation
http://www.isaca.org/

Institute of Internal Auditors (IIA)
http://www.rutgers.edu/Accounting/raw/iia/

Association of Investment and Research
http://www.aimr.org/

Institute of Chartered Accountants in England and Wales
http://www.icai.ie/

The Institute of Chartered Accountants in Ireland
http://www.icas.org.uk/

Association of Accounting Technicians
http://www.aat.co.uk/

Association of Chartered Certified Accountants (ACCA)
http://www.acca.co.uk

Association of International Accountants
http://www.a-i-a.org.uk/

British Accounting Association
http://www.shef.ac.uk/~baa/

European Accounting Association
http://www.bham.ac.uk/EAA/

Chartered Institute of Management Accountants (CIMA)
http://www.cimaglobal.com

Chartered Institute of Management Accountants (CIMA)
http://www.cipfa.org.uk/

UK -Others

Aslib, The Association for Information Management
http://www.aslib.co.uk/

Association of Unit Trust and Investment Funds
http://www.investmentfunds.org.uk/

Chartered Institute of Banking
http://www.cib.org.uk/

Chartered Insurance Institute
http://www.cii.co.uk/

Institute of Directors
http://www.iod.co.uk/

Chartered Institute of Taxation
http://www.tax.org.uk/

Institute of Investment Management and Research
http://www.iimr.com/

Institute of Management
http://www.inst-mgt.org.uk/

Institute of Management Consultants
http://www.imc.co.uk/

Institute of Internal Auditors
http://www.iia.org.uk/

Institute of Actuaries
http://www.actuaries.org.uk/

Chartered Institute of Marketing
http://www.cim.co.uk/

Canada-Accounting

Canadian Institute of Chartered Accountants
http://www.cica.ca/

Certified General Accountants Association of Canada
http://www.interlog.com/~taylor/cimhp1.html

Certified General Accountants Association of Canada
http://www.cga-canada.org/

Society of Management Accountants of Canada
http://www.cma-canada.org/

Institute of Directors
http://www.iod.co.uk/

Chartered Institute of Taxation
http://www.tax.org.uk/

Institute of Investment Management and Research
http://www.iimr.com/

Institute of Management
http://www.inst-mgt.org.uk/

Institute of Management Consultants
http://www.imc.co.uk/

Institute of Internal Auditors
http://www.iia.org.uk/

Institute of Actuaries
http://www.actuaries.org.uk/

Chartered Institute of Marketing
http://www.cim.co.uk/

Canada-Accounting

Canadian Institute of Chartered Accountants
http://www.cica.ca/

Certified General Accountants Association of Canada
http://www.interlog.com/~taylor/cimhp1.html

Certified General Accountants Association of Canada
http://www.cga-canada.org/

Society of Management Accountants of Canada
http://www.cma-canada.org/

Australia & New Zealand-Accounting

Institute of Chartered Accountants in Australia
http://www.icaa.org.au/

CPA Australia
http://www.cpaonline.com.au/

Institute of Chartered Accountants of New Zealand
http://www.icanz.co.nz

South Africa-Accounting

Institute of Chartered Accountants of South Africa
http://www.saica.co.za/

Singapore-Accounting

Institute of Certified Public Accountants of Singapore
http://www.accountants.org.sg/

Hong Kong -Accounting

Hong Kong Society of Accountants
http://www.hksa.org.hk/

Hong Kong -Others

Hong Kong Institute of Chartered Secretaries
http://www.hkics.org.hk/

Germany-Accounting

Institute der Wirtschaftsprüfer - Germany
http://www.idw.de/

India-Accounting

Institute of Chartered Accountants of India
http://www.icai.org

General

International Federation of Accountants
http://www.ifac.org/
South Asian Federation of Accountants (SAFA)
http://www.citechco.net/safa/
The Association of Independent Financial Advisers (AIFA)
http://www.aifa.net/
Chartered Accountancy Institutes Worldwide
http://www.chartered-accountants.com/ca.htm
Financial Accounting Standards Board
http://accounting.rutgers.edu/raw/fasb/
International Accounting Standards Committee
http://www.iasc.org.uk

TAXATION RESOURCES International

Tax Sites (Links to international tax and accounting sites)
http://www.taxsites.com
Complex Indian Tax laws Made Easy
http://www.taxfundas.com/
Indian Taxes
http://www.indiantaxes.com/
Laws for India - Indian Tax Laws
http://www.indiantaxlaws.com/
Income Tax Department - Delhi India
http://incometaxdelhi.nic.in/

Pakistan

Tax Online
http://www.taxonline.com.pk
Paktax
http://www.paktax.com.pk
Softax
http://www.softax.com.pk
Pakistan Lawyer
http://www.pakistanlawyer.com
SA Salam
http://www.sasalam.com.pk
Rahmat Ullah Malik
http://www.rahmat.com

MAGAZINES /JOURNALS / OTHERS

Accountants World
http://www.accountantsworld.com
Audit net
http://www.auditnet.org
Accounting Web
http://www.accountingweb.co.uk
Accounting Pro2net
http://accounting.pro2net.com/
Electronic Accountant
http://www.electronicaccountant.com
Financial Planning
http://www.financial-planning.com/
Accountancy Age
http://www.accountancyage.co.uk
Accountancy Magazine (ICAEW)
http://www.accountancymag.co.uk
FEEEuro Newsletter
http://www.euro.fee.be/newsletter.asp
FindArticles.Com (Searchable database of accounting articles)
http://www.findarticles.com/PI/index.jhtml
Information Systems Auditor
http://www.intnews.com/isa.htm
Information Systems Control Journal
http://www.isaca.org/jrnlhome.htm
IFR Connect (International Financing Review)
http://www.ifrpub.com
Management Consultancy
http://www.managementconsultancy.co.uk
Pass Magazine
http://www.passmagazine.com

Others

Internet Magazine
http://www.internet-magazine.com
The Economist
http://www.economist.com
News week Magazine
http://www.newsweek.com/
Forbes Magazine
http://www.forbes.com
Fortune
http://www.pathfinder.com/fortune/

SEARCH ENGINES

Google
http://www.google.com
Yahoo
http://www.yahoo.com
Alta Vista
http://www.altavista.com
Ask Jeeves
http://www.aj.com
Internet Search Centre
http://www.tka.co.uk/search/
All-In-One Search Page
http://www.albany.net/allinone/
BIG Search Engine Index
http://www.search-engine-index.co.uk/
Excite
http://www.excite.com
FAST: All the Web
http://www.alltheweb.com
IX Quick
http://www.ixquick.com
Last Minute Search
http://www.lastminutesearch.com
Northern Light
http://www.nothernlight.com
Open Directory
http://dmoz.org
Search Adobe PDF
http://www.searchpdf.adobe.com
Search Engine Colossus (Comprehensive listing of worldwide searchengines, arranged by country and category)
http://www.searchenginecolossus.com
Search IQ (Subject directory of search engines listed by category)
http://www.searchiq.com/subjects
The Virtual Tourist
http://www.vds.au/www/map.html
WebCrawler
http://www.webcrawler.com
World Wide Web Virtual Library
http://vlib.org

PAKISTAN Government

Islamic Republic of Pakistan
http://www.pak.gov.pk
Ministry of Finance
http://www.finance.gov.pk/
Central Board of Revenue
http://www.cbr.gov.pk/
Privatization Commission
http://www.privatisation.gov.pk/
Board of Investment
http://www.pakboi.gov.pk
Securities & Exchange Commission of Pakistan
http://www.secp.gov.pk
Pakistan Law Commission
http://www.paklawcom.gov.pk
Ministry of Science and Technology
http://most.gov.pk/
Ministry of Petroleum & Natural Resources
http://www.mpnr.gov.pk
National Tariff Commission
http://www.ntc.gov.pk
National Reconstruction Bureau
http://www.nrb.gov.pk
National Accountability Bureau
http://www.nab.gov.pk
National Database and Registration Authority (NADRA)
http://www.nadrapk.com
National Savings
http://www.savings.gov.pk/

Information Technology

Information Technology Commission
http://www.itcomm.gov.pk/
Pakistan Software Export Board
http://www.pseb.org.pk
Pakistan Computer Bureau
http://www.pcb.gov.pk

Trade

Pakistan Trade Office
http://www.paktrade.org
Federation of Pakistan Chambers of Commerce & Industry (FPCCI)
http://www.fpcci.com/
Karachi Chamber of Commerce & Industry
http://www.karachichamber.com
Lahore Chamber of Commerce & Industry
http://www.lcci.org.pk
Export Promotion Bureau
http://www.epb.gov.pk/
Export Processing Zones Authority Pakistan
http://www.epza.com.pk/
Jamal's Yellow Pages
http://www.jamals.com
Trade Index of Pakistan
http://www.pakistanbiz.com

Financial Institutions

State Bank of Pakistan
http://www.sbp.org.pk
National Bank of Pakistan
http://www.nbp.com.pk
Habib Bank Limited
http://www.habibbankltd.com/
Allied Bank Limited
http://www.abl.com.pk
Muslim Commercial Bank
http://www.mcb.com.pk
United Bank Limited
http://www.ubl.com.pk

Stock Exchanges

Karachi Stock Exchange
http://www.kse.com.pk
SAMEfn- South Asia Middle East Financial Network
http://www.samefn.com/

News Media

Business Recorder
http://www.brecorder.com
Dawn
http://www.dawn.com
Jang-Group of Newspapers
http://www.jang.com.pk
Nawa-i-Waqt
http://www.nawaiwaqt.com
Pak News
http://www.paknews.com

Others

Explore Pakistan at Ajrak.com
http://www.ajrak.com/pakistan
Karachi online
http://www.apnakarachi.com
Pakiweb.net
http://www.pakiweb.net
Pak Ranks
http://www.pakranks.com
Pak.org
http://www.pak.org
Pak Power Page - Anything and every Pakistani on the internet
http://www.pakpowerpage.com
Pakistan Outlook
http://www.classified.com.pk/links/
Quick Pakistan - your information gateway to Pakistan
http://www.quickpakistan.com
Pak Search - The Database Company
http://www.paksearch.com
Get Pakistan
http://www.getpakistan.com
Contact Pakistan
http://www.contactpakistan.com
Pakmart
http://www.pakmart.com

OTHER INTERNATIONAL
News Media

CNN
http://www.cnn.com
BBC World
http://www.bbcworld.com
BBC Online Homepage
http://www.bbc.co.uk
CNN Financial News
http://www.cnnfn.com
Financial Times
http://news.ft.com/home/rw/
Khaleej Times
http://www.khaleejtimes.com/

Stock Exchanges

Links to world stock exchanges (including Dow Jones, NASDAQ and
Nikkei etc)
http://www.tdd.lt/slnews/Stock_Exchanges/
Stock.Exchanges.html

Legal

Findlaw Internet Legal Resources
http://www.findlaw.com/
Cornell Law Library
http://www.lawschool.cornell.edu/library/
default.htm
Internet Law Library
http://www.priweb.com/internetlawlib/52.htm
Law Research
www.lawresearch.com
Indian Law
www.indlaw.com
International Law Directory - Indian Law Research
http://www.lawresearch.com/v10/global/
cinter5.htm
Welcome to IndLaw.com
http://www.indlaw.com/
Indian Laws (including company law, tax laws etc.)
http://iil.indiainfoline.com/lega/

Others

World Bank Group
http://www.worldbank.org
International Monetary Fund (IMF)
http://www.imf.org
Bank for International Settlements
http://www.bis.org
Central Banking
http://www.centralbanking.co.uk