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The Emerging Need for E-Commerce Accepted Practice (ECAP)
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Author(s): G. Erwin (Cape Technikon, South Africa)and S. Singh (University of South Africa, South Africa)
Copyright: 2003
Pages: 19
Source title:
The Economic and Social Impacts of E-Commerce
Source Author(s)/Editor(s): Sam Lubbe (Cape Technikon, South Africa)
DOI: 10.4018/978-1-59140-043-1.ch004
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Abstract
With the rapid expansion of the Internet and constant technological advances, it is clear that e-commerce will reshape methods of the business world. Government, large corporations, medium and small business now have to conduct their electronic activities in an accountable, transparent and well-structured way. Unlike traditional business recording, such as accounting, with Generally Accepted Accounting Practice (GAAP), no guidelines or frameworks exist that recognize e-commerce issues.
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