Charter Accounting Essay

Mr John Potts is a chartered accountant who owns his own firm. Potts works in all fields associated with wrinkle and finance in the private sector. He also employs workers to work in his firm assisting him in all aspects of his work. His self-confidence is just a five minute drive from his mark which is an wages as he sess go to and from his house when necessary. He unremarkably works from 9am to 7pm however, these hours are flexible. Mr Potts has a choice of working at his top exe pressive or working at home.The activities he does include maintaining accounting records and preparing accounts and focal point education for small businesses (accountancy) advising nodes on business transactions, such as mergers and acquisitions (corporate finance) advising nodes who are in monetary difficulty to stand by them turn the business well-nigh or to handle the disposal of the business (corporate reco very(prenominal)/insolvency) detecting and preventing cunning (forensic account ing) and much different activities. In order for Mr Potts to be adapted to substitute his tasks, he uses some technologies which assist him with his work life, social life and ad hominem life.Technology 1 CCTVClosed Circuit Television (CCTV) is the use of icon cameras to transmit signals to a certain place so an area is full monitored for safety of others and plague. The most measur equal-bodied effect of CCTV is not on crime prevention, but on detection and prosecution. Several notcap equal murder cases feature been solved with the use of CCTV evidence, making the environment a safer place for the public.CCTV lap up Related substance abuseJohn Potts has m each CCTV cameras approximately his workplace. The signal is direct to m all an(prenominal) another(prenominal) a(prenominal) monitors in his office and his study at home. This is so he female genitalia monitor outside activities and keep an eye out for any crimes that may occur. When Potts is not suit fitting t o attend his office, he is still able to annoy the images from his study at home. Using the images, he potentiometer partake his security guards to check a specific area in his building.The services of having installed cctv cameras is that he go off see what is going on around his building, therefore he does not shed to be eitherwhere at all eons. other wages is that he can access code the images from home when he is otiose to go to his office. This technology also has some disadvantages. One of these is that he pull up stakes occasionally get worried of any crimes near his building which forces him to continuously check his monitors. This may be interfering with his social life as he would be too worried about his workplace. some other advantage is that the signals may not be received all the condemnation collectable to in cope installation of the cameras. This technology has improved the working style of Mr Potts as he is able to keep an eye out for any out-of-th e-way events taking part around his building.Technology 2 personal digital Assistant (HP iPAQ cc Enterprise hand-held)The HP iPAQ 200 Enterprise hold ( personal organizer) has numerous features which aids many business community. First of all, the organiser has a 4 inch touch screen display and has a stylish public figure making it a great deployment platform for enterprise applications. Secondly, victimization the merged 802.11b/g wireless networking, Mr Potts is able to connect to the Internet and access his email.He is also able to connect Bluetooth peripheral such as headsets or keyboards. He is also able to use applications like Word, PowerPoint and transcend Word, PowerPoint and Excel on his organizer using Microsoft home Mobile. Also, Mr Potts is able to store his business-critical information with high-capacity SDIO and Compact Flash. The advantages of this device are that its very ideal for businessmen as it is like five devices in one. Having many uses, the PDA benefits in the main businessmen who subscribe access to the computer while on the move. A disadvantage of this device is that it is an ideal item that is of provoke to many muggers in the world to twenty-four hour period putting you in riskiness due to existence in possession of this device.Personal Digital Assistant Personal enforceMr Potts is always on the move, around the city and very often he travels abroad for job purposes. When he is waiting for his flight, he does not assume to carry his laptop computer with him all the clock time as his HP iPAQ 200 Enterprise Handheld (PDA) is an equivalent to his laptop. He is able to connect to the meshing using Wifi which allows him to browse the internet to entertain herself by earreach to music and watching videos. The advantages of this device are that it is more ideal as it is much smaller. He is still able to access his emails and many documents without the shoot of carrying a laptop. A disadvantage of this device is t hat he will need to extend his memory capacity constantly as he uploads a lot of information to his device which helps him with his job. another(prenominal) disadvantage of this device is that he has to be very careful as the device is very imperfect the screen can be cracked. Also he is in danger of having his personal information known if he is not careful with his device.Personal Digital Assistant Social aimDue to the wireless technology, Mr Potts can connect to the internet and use his email address to sign into Windows outlive Messenger and chat to his friends. His device works exactly like a computer as he often sends, to his family, many photographs of famous landmarks that he took while he was abroad. Other than this, Mr Potts uses his PDA mostly for work relate activities.Personal Digital Assistant Work Related UseWhen it comes to Mr Pottss job related activities, his PDA is the ideal device. While he is apart abroad, his personal secretary sends him copies of docume nts by email. He later retrieves these documents from his PDA. He very often moderates many spreadsheets on his laptop. This is also possible to do on his PDA which he does. His PDA can also create intelligence operation documents which is very beneficial to him as he doesnt need to go to his computer at all times or carry a laptop when he can carry a palm coat device which enables him to do everything that he can do on his laptop. however unfortunately, Mr Potts is required to expand his memory as the capacity may not be enough after having many documents on his PDA. When Mr Potts has access to his computer, he usually sends documents that he believes that he will need later to herself by email. He has sent almost all important files to herself by email.This is through so he can access and download them onto his PDA when he is remote from home or access to a computer. Mr Pottss PDA consists of important details of his clients, individual clients and business clients, such as earpiece numbers, addresses etc. If he did not have this device however, he would have had to carry a small notepad, writing in the details every time. This wastes paper and time as he has to search for a clients details. This device is ideal to store information like this on it as he can quickly find someones details by entering a few letters of their name. The PDA will because narrow down the search until Mr Potts can sight the details. A disadvantage of having a PDA in possession is that he has to take it almost everywhere with him as it comports relevant information. He has to be very careful with his valuable device as it may contain confidential information which can be accessed by anyone if he loses or misplaces his device.Technology 3 Mobile address (Nokia N95)Another device use by Mr Potts is his mobile telephone set, Nokia N95. The Nokia N95 is a snotty-nosed phone with many tall(prenominal) features. First of all, the multimedia abilities. The N95 has an outstand ing music player that supports MP3, WMA, RealAudio, SP-MIDI, AAC+, eAAC+, MIDI, AMR, M4A and True Tones. attached is the Internet. The N95 has built in Wi-fi which can be used to gain access to the internet. The web browser displays the webpage in full whereas other phones display simplified versions of the webpage. Another feature of this smart phone is the integrated GPS. Below the 0 key on the N95s keypad is an integrated GPS receiver. The phone is shipped with pilotage software and maps are free to download over the internet.Mobile Phone Personal UseMr Potts is really into his music. He listens to his mp3 tracks via the music player on his Nokia N95 which supports the formats mentioned above. He also uses his phone to entertain herself by watching many videos at DVD like quality on the 2.6 inch screen. Another feature on this phone widely used by Mr Potts is the 5 mega pixel camera located at the underpin of the device. With this, he is able to capture great pictures at ama zing quality. An advantage of this is that when he is away and needs to take photos, he does not need to take another(prenominal) device, a camera instead he can take his phone which enables him to take many pictures at an equivalent quality of his own camera. The smart phone also has a Flash Player. With this software in the phone, Mr Potts is able to put many games onto his phone which will keep him busy socialise herself for a long time.Mobile Phone Social UseAs he is often out and about he is not seen at home for many hours. While he is on his lunch break, Mr Potts uses his time to make quick phone calls home to chat to his wife and his son. An advantage of this device is that when Mr Potts has not got his laptop or PDA, he is still able to talk to his friends over Windows Live Messenger by connecting to the mobile internet. Another advantage is that he saves a lot of coins as with his phone, he has many free minutes which allows him to make many calls whereas if he was not in possession of a mobile phone, he would have had to carry coins around with him to use a payphone. A disadvantage of this device however is that this can increase his phone bill.Mobile Phone Work Related UseMr Potts is a very busy man, always working. He needs to make many phone calls, which is part of his solar day to day life, spending many hours on the phone to his clients. Without his N95 it is almost impossible for Mr Potts to go to work as he receives many phone calls often concerning his job. If he is ever in a situation where he has forgotten his laptop or PDA and cannot access his email account to download files, he is still able to do so with his phone by connecting to the mobile internet. He can also make quick notes on his phone which remind him what he needs to do and when he needs to complete specific tasks by if he has forgotten to take his PDA with him.Technology 4 Microsoft placement Excel 2007Microsoft Office Excel 2007 is an influential software used to set o ff and format spreadsheets and to analyze and distribute information to make more conscious decisions. This new software has many features which include? chart Formatting tools which help create and format professional-looking charts with greater ease using fewer clicks.? protrude for PDF and XML Paper Specification (XPS) file formats helps convert spreadsheets into a fixed file format for easier sharing.? Report management features help protect confidential business information while ensuring people can view the data they need.? Chart Formatting tools help you create and format professional-looking charts with greater ease using fewer clicks.Microsoft Office Excel 2007 Personal UseMr Potts records his day to day spending on a spreadsheet using Microsoft Office Excel 2007 to think a budget for his family to spend so he can cut down costs for unnecessary things. He first records the amount fagged for a couple of months. He then calculates and produces a budget and attempts to b urn to that budget for a couple of months. He then records this and then compares both(prenominal) spreadsheets and sees where the unnecessary spending has occurred.Microsoft Office Excel 2007 Social UseDuring his breakfast, Mr Potts spends his time doing many crossword puzzle puzzles and also does these puzzles in his spare time. He expands his interest by making his own crossword puzzles on Excel. He then sends them to his friends making them spend their spare time completing the puzzles and requesting them to send back reviews via email so he can improve his work. Also, Mr Davison buys and sells many shares on the stock market and keeps tracks with his data by recording his information onto a spreadsheet.Mr Potts has an interest in gaming and creates many games using excel. Along with the crossword puzzles, he sends it off to his friends and again receives many reviews which suggest ideas which may fall out to him improving the games and enhancing gaming experience. As mentio ned previously, Mr Potts sends documents to herself to his email so he can access them later. These documents also include the crossword puzzles and games. He plays them on his laptop while on his lunch break. Whenever he does not have access to his laptop, he plays the game with his friends on his PDA. The game opens up as a spreadsheet file which is supported by his HP iPAQ 200 Enterprise Handheld as it has Microsoft Office Mobile.Microsoft Office Excel 2007 Work Related UseMr Potts produces spreadsheets for many of his clients (individuals and businesses) advising them on taxation planning within current edict to enable them to minimise their tax liability and he also calculates clients tax liabilities. Some of the activities that Mr Potts performs that may use Microsoft Office Excel 2007 are? Producing reports and recommendations spare-time activity internal audits or public sector value for money audits. ? Preparing financial statements, including monthly and annual account s.? Preparing financial management reports, including financial planning and forecasting.? Advising on tax and treasury issues and many other tasks.To perform activities using Microsoft Office Excel 2007, Mr Potts needs access to his computer. He produces these files on his computer at home or at his office. Mr Potts produces spreadsheets with the company of his client to provide him with any certain information. This is done by inviting his client to his office and working at his computer or he meets up with his client at their house and works on his laptop.As mentioned before, Mr Potts sends important files to herself by email so he can access them later. When he is free, he often spends time finishing off his spreadsheets. Occasionally, as he is on the move he does not take his laptop, however he is still able to complete his tasks by connecting to the internet by the integrated wireless technology on his HP iPAQ 200 Enterprise Handheld and accessing the files from his email acco unt and downloading them onto his PDA. He is able to complete this spreadsheet as his PDA has the Excel application provided by Microsoft Office Mobile.In conclusion, I suppose that without the help from the above technologies and other technologies, Mr John Potts will find it very difficult to complete his day to day life. As mentioned previously, he is not able to perform many tasks without the aid of the above technologies. For example, without the help of his PDA Mr Potts cannot easily access his clients personal details. Also, without his computer/laptop he is not able to complete any other tasks. Due to the aid provided by these technologies, Mr Potts has been able to develop his personal, social, and work life.