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Hallo Money and its impact on the on the accounting workplace - Essay Example

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Author : jrosenbaum

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Hello Money is a mobile baking service that allows Barclays Bank customers to carry out execute financial transactions by using mobile devices such and personal digital assistant or mobile phone (Barclays, 2012). …

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Hallo Money and its impact on the on the accounting workplace

Make sure it is either about to happen or is just getting underway. Be specific. Answers such as “technology” will earn you a failing grade on this essay. WORKPLACE CHANGE: Hallo Money and its impact on the on the accounting workplace Hello Money is a mobile baking service that allows Barclays Bank customers to carry out execute financial transactions by using mobile devices such and personal digital assistant or mobile phone (Barclays, 2012). It is worth noting that Hello Money, like other mobile banking services, is different from the mobile payments, which entail the use of the mobile devices to pay for goods. Hello Money is performed through mobile web or SMS. The service has been particularly facilitated by the evolution of an array of technologies, such as smart phones and web based technologies, which create the allowance for installation of special features that support mobile banking. Currently, the popularity Hello Money continues to grow as many customers are increasingly using it. Its full implementation implies the adoption of the automated accounting systems and this would significantly change the way accountants work. 2. Identify a primary and secondary stakeholder and explain why they qualify as stakeholders. Use the “Choosing a Stakeholder Decision Matrix,” located in Lesson 15, to identify a high influence/high importance stakeholder, as well as a secondary stakeholder who is either high influence,/low importance, or low influence/high importance. ...
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