06-30-2003, 05:39 AM
This post is just for the sake of interested readers who may not be understanding about the term 'Biometrics'..... Please note that I'm not here to teach others or prove something but just to 'share' the info with the learned ones out there at this forum.....
'Biometrics' is the sort of next-generation (at least in Pakistan) of 'Identity & authorisation Technologies'. Since authorisation and approval is most important aspect in 'Auditing' so these technologies are making fast ways into our profession. There are many technologies (already in practice) in the world like...
1. Hand Print;
2. Iris or Ratina Scan;
3. Face Recognition;
4. Voice Recognition and
5. DNA Test etc. etc.
Now, How do these technologies fit into our profession????? Please read the followings and just have a deep thought about future of our profession
a) Electronically generated vouchers would be recorded & posted online. Those would not be 'Physically' signed but would be having an approval mark of 'Thumb Impression' or 'Any other part of hand print' converted into a 'Digital Signature';
b) Online fund transferring or transaction authorisation would be done only when a 'Iris Scan' gadget at your Desktop, scans your Ratina, to allow you access for authorisation;
c) Imagine..... that you're an auditor sitting in your office and intend to audit a certain class of transactions of any of your client..... you click to login to your client's system..... your camera sends your face's image with all structural features to your client's system, which is compared through their software with the iamge saved in their datawarehouse.....and you're logged in.... obviously if you've got a swollen eye or cheek..... you'll never be able to.... This is face Recognition.... similarly is the case with "Voice/Speech' Recognition"..... but in this case please take care that someone doesn't use your recorded voice to manipulate the data....
d) Extreme Case Access..... suppose you can't leave Karachi but you have to sign a document in a distant part of the World..... a tiny needle in a gadget at your desktop would take a sample of your blood, record it's DNA Test and would allow you an 'Access' to the area where nobody can get but you.....
All of the above technologies, coupled with more and more governance rules by the regolators & demands of investors would require publishing of operating results of the companies within (may be) Two weeks of closure of any accounting period. XBRL would enable those results to be published online all over the world within hours of release of such results.
MAY BE... to many of the readers above mentioned situation could be a scene from any science fiction movie... but MY DEARS!!! it's lready been started in the world.....
Please also remember all future technologies are spreading more and more fastly..... Electricity took (perhaps) 70 years... Radio took almost 50 years and internet took less than 20 years to spread all over the world....
Any comments from the learned ones?????
Edited by - TheOne on Jun 30 2003 124638 AM
'Biometrics' is the sort of next-generation (at least in Pakistan) of 'Identity & authorisation Technologies'. Since authorisation and approval is most important aspect in 'Auditing' so these technologies are making fast ways into our profession. There are many technologies (already in practice) in the world like...
1. Hand Print;
2. Iris or Ratina Scan;
3. Face Recognition;
4. Voice Recognition and
5. DNA Test etc. etc.
Now, How do these technologies fit into our profession????? Please read the followings and just have a deep thought about future of our profession
a) Electronically generated vouchers would be recorded & posted online. Those would not be 'Physically' signed but would be having an approval mark of 'Thumb Impression' or 'Any other part of hand print' converted into a 'Digital Signature';
b) Online fund transferring or transaction authorisation would be done only when a 'Iris Scan' gadget at your Desktop, scans your Ratina, to allow you access for authorisation;
c) Imagine..... that you're an auditor sitting in your office and intend to audit a certain class of transactions of any of your client..... you click to login to your client's system..... your camera sends your face's image with all structural features to your client's system, which is compared through their software with the iamge saved in their datawarehouse.....and you're logged in.... obviously if you've got a swollen eye or cheek..... you'll never be able to.... This is face Recognition.... similarly is the case with "Voice/Speech' Recognition"..... but in this case please take care that someone doesn't use your recorded voice to manipulate the data....
d) Extreme Case Access..... suppose you can't leave Karachi but you have to sign a document in a distant part of the World..... a tiny needle in a gadget at your desktop would take a sample of your blood, record it's DNA Test and would allow you an 'Access' to the area where nobody can get but you.....
All of the above technologies, coupled with more and more governance rules by the regolators & demands of investors would require publishing of operating results of the companies within (may be) Two weeks of closure of any accounting period. XBRL would enable those results to be published online all over the world within hours of release of such results.
MAY BE... to many of the readers above mentioned situation could be a scene from any science fiction movie... but MY DEARS!!! it's lready been started in the world.....
Please also remember all future technologies are spreading more and more fastly..... Electricity took (perhaps) 70 years... Radio took almost 50 years and internet took less than 20 years to spread all over the world....
Any comments from the learned ones?????
Edited by - TheOne on Jun 30 2003 124638 AM
