Research on the Applications of Cloud Computing in the Accounting Modernization

Abstract

Cloud computing is a new concept emerged in the IT sector in recent years. Cloud computing can be used more easily and quickly in financial applications, adjusting resource being used by accounting software dynamically, reducing overall investment in accounting modernization, improving the utilization and the effect of IT equipment. In this paper, starting from the concept of cloud computing, we summarizes the status of development of accounting modernization, and discusses the cloud computing service model, the applications of cloud computing in the accounting modernization as well as the advantages and problems.