The broader impact of DSP in the economic Research Paper

The broader impact of DSP in the economic - Research Paper Example I. INTRODUCTION Digital signal processing (DSP) is duly considered to be an arithmetical treatment of an information signal, which tends to alter or enhance it in certain specific ways. It is usually characterized by way of representation of discrete frequency, discrete time or any other discrete domain signals with the help of a sequence of symbols, numbers or processing of these signals in a uniformed manner. DSP is widely applied in various fields, which specifically include speech along with audio signal processing, radar and sonar processing, spectral estimation, sensor array processing, digital image processing and systems control along with various other operations/applications. This component can be very well related with that of development in the overall context of technological landscape. With the inclusion of this particular component i.e. DSP in the technological aspect, integration to a whole new level is attained at large [14]. With this concern, this research report w ill highlight all those significant factors that are associated with the broader impacts of DSP in a social, global along with economic context. ... III. THE IMPACT OF DSP IN AN ECONOMIC CONTEXT In relation to economic viewpoint, it can be affirmed that DSP has been able to create all round diversity in the overall economic context. Analyzing the relevance of DSP in an economic standpoint eventually helps in identifying its broad interrelations relating to economic integration. DSP is applied in varied fields, which directly or indirectly impose considerable impact upon the economic conditions at large. The broad areas in which it is applied include consumer applications and biomedical fields. In this regard, the various aspects of consumer applications comprise digitalized televisions, cellular phones, digital cameras and internet enabled mobile phones among others. On the other hand, the aspects of biomedical fields encompass patient monitoring, ECG Analysis and X-Ray storage/enhancement among other various fields. The utilization of DSP in all these broader areas can be viewed to provide variable grounds for the development of economic conditions. Specially mentioning, this particular technology also leads towards mass expansion in technological domain, which eventually resulted in fulfilling different economic objectives. Besides, the component has been able to create superior level of economic integration in terms of supporting the most booming industries in the world such as information technology. Also, DSP is highly recognized for providing solutions to various departments including engineering, sales operations and finance among others (Department of Electrical and Computer Engineering, â€Å"The Broader Impact of DSP in a Global, Economic and Social Context†). Its utilization in all these departments ultimately imposes extensive impact especially upon the economic

Explain the role of the FASB in monitoring and controlling busines Assignment

Explain the role of the FASB in monitoring and controlling busines repotring and practices in the modern organization - Assignment Example These reports are verified by such interest groups from time to time in order to oversee whether or not companies are using their funds and resources well. These reports are of significant importance to investors who take valuable decisions related to investment and financing. These reports reflect flow of fund in and out of the business. They reveal how a firm is utilizing its assets so as to facilitate sufficient productivity and revenue. The different standards established by the organization help companies to develop and maintain a well-structured accounting system (Whittington, 2008). FASB has adequate power to formulate different policies, but the organization does not have rights to impose them upon the companies. Enforcement of accounting standards falls under the jurisdiction of SEC. The standards set by the FASB are required to be followed by public companies in maintaining their books of accounts and financial statements. So, the organization acts as a leader to different corporate entities. The FASB takes necessary advice from SEC and American Institute of Certified Public Accountants (AICPA) for formulating or improving the different accounting standards. FASB is not required to consult with any business organization before setting accounting standards. Hence, the organization has superior authority over ways whereby companies maintain their accounts and financial reports (King, 2006). The primary motive of standards established by the FASB is to ensure that organizations can develop their financial reports in such a manner that different interest groups can develop correct perceptions about organization’s financial structure. This facilitates stakeholders to make informed decisions. The standards are developed in a way, which promotes transparency in management of funds in a company and corresponding disclosure in the reports. The set