A Study of Cloud Computing With Special Reference to Cloud Based Accounting

Abstract

Abstract The century we are living in is the age of technology and innovations. Without getting compatible with such techniques, a business finds itself hard to survive, so to remain competitive in the industry and reap unique benefits, one must not hesitate to use modern technology in processing of its business operations. As a business understands the language of accounting, making it mandatory for every company to have a comprehensive understanding of its technical aspects to reap the benefits of today’s market. Accounting is an information system as s part of the significant management information system provides the organisation with information on various aspects. Cloud Accounting allows accounting managers to access financial information from anyplace in the world round the clock leading to no geographical and infrastructural boundaries. This paper focuses on comprehending the term cloud computing, current scenario and prospect in cloud computing, and will likewise make comparative analyses between conventional accounting and cloud accounting. Keywords: Cloud computing, Accounting, Software as a service (SaaS), Infrastructure-as-a-service (IaaS), Platform as a service (PaaS), Public Cloud, Private Cloud, Hybrid Cloud, On-Premises, Hosted solutions. Cite this Article Ashwani Kumar, Himanshu Kushwaha. A Study of Cloud Computing with Special Reference to Cloud-Based Accounting. E - Commerce for Future & Trends . 2018; 5(3): 15–24p.