USE OF CLOUD COMPUTING AND ACCOUNTING: BUSSINESS PRESPECTIVE

Abstract

Now a day’s business houses started adopting and currently are using cloud computing and accounting Because of growth possibilities or potential of cloud computing and accounting as a world scenario. Business houses developed their own big data centers, private cloud or hybrid cloud as a support for their processes within the shared virtual and configurable resource. Cloud computing and accounting technology process and store a series of sensitive and confidential data (financial statements, financial reports, A.O.A and M.O.A) of a business houses. Cloud accounting and computing technology adoption provides a rigorous analysis of data and application security. In this paper which is based on a descriptive analysis of existing literature and specialized practice in this field. We wish to synthesize the potential of cloud accounting and computing in the development of business houses.