First slide

INNOVATION IN ACCOUNTING
The Infinite Group
Presentors:
Ramelyn Bertes
Mia Kathleen Bisda Pic 2
Jenny Juarez
Johanna Maceda
Mark Gerald Olivera
Mariele Oriol

Second slide (ikaw na bahala sa

background)
Pic 3
What is Innovation in accounting?
Is the process of defining, empirically
measuring and communicating the true
progress of innovation – such as customer
retention and usage patterns - whether for
start-up companies, for new products or
business units within established companies.
Third slide
4 VALUES OF A FUTURE READY FIRM Pic 4
 TECHNOLOGY – PIC 1 Fourth slide (ikaw na rin bahala sa bg)
 COMMUNICATION – PIC 2
 PRICING- PIC 3 What is Online shopping?
 PROCESS- PIC 4 The online selling of or enabling
the sale of products or services to
consumers.
Fifth slide
How did Online Shopping come?
Online shopping emerged with the
development of the internet.
Entrepreneurs saw the potential in
online shopping and sprung at the
chance to make virtual storefronts, so
that consumers could shop without
Pic 1
leaving their homes.
Sixth slide Tenth slide
Growth of Online Shopping Process- improving workflows
There are over 70,000 new websites -Target marketing
put on the internet every hour.
-Direct customer relationships
Internet traffic is doubling every three
-Customer service
months.
Projected annual internet commerce
revenue has grown from $35 billion in
1998 to $1.4 – $3.2 trillion in 2003.
Seventh slide
Technology – using the cloud
What is cloud?

Information and data is stored on physical or

virtual servers, which are maintained and
controlled by a cloud computing provider, such
as Amazon and their AWS product. As a
personal or business cloud computing user,
you access your stored information on the
‘cloud’, via an Internet connection.

Eight slide
Communication- Becoming a social
business.
Two-thirds of internet users have bought
something online
Four-fifths of online users turn to the
internet for research about products they
are thinking of buying
One-quarter of online users, on typical day,
do some sort of activity online connected to
shopping online
Ninth slide
Pricing- offering value
Convenience
-Store hours
-Ease of transaction
-Quick and efficient shopping
process
Information
-Quick location of items
-Easy price/attribute comparisons