Cloud Accounting Research Articles

FACTORS AFFECTING CLOUD ACCOUNTING ADOPTION IN SMES USING THE TOE FRAMEWORK

This study aims to explore the factors that can influence the adoption of cloud accounting in MSMEs. Software such as cloud accounting has a very important role in business activities in the field of accounting because it can help businesses stay financially organized. This will help MSMEs make better business decisions based on accurate and real-time financial data. The population used in this study were MSMEs located in Soloraya. The research method used in this research is quantitative with data collection methods using gform and paper questionnaires. The data analysis technique used in this research is SEM (Central Equation Model) analysis with the help of the SmartPLS 3.0 program. The results of this study indicate that factors such as relative advantage, top management support, adequate resources, business partner pressure, provider support (except security concerns) positively and significantly affect cloud accounting adoption in MSMEs in Soloraya. Therefore, this research is expected to help recommend and encourage MSME decision makers in Soloraya to be able to adopt cloud accounting in their business.

CLOUD ACCOUNTING AND INTELLECTUAL CAPITAL: A CATALYST FOR SMES PERFORMANCE

This research aims to enhance information technology through the use of cloud accounting. Cloud accounting is believed to revolutionize the way business and society operate. Given its potential to enhance organizational performance, this study examines the role of intellectual capital, specifically structural capital, human capital, and relational capital, in mediating the relationship between cloud accounting adoption and SME performance. The population of this study includes SMEs in Klaten Regency. A quantitative research method was employed using primary data collected through purposive sampling. The sample was limited to SMEs that have implemented cloud accounting. Structural Equation Modeling (SEM) using PLS 4.0 was used to analyze the data. The findings indicate that cloud accounting has a positive influence on structural, human, and relational capital. Moreover, these three forms of intellectual capital positively impact SMEs performance. Additionally structural capital, human capital, and relational capital can mediate the relationship between cloud accounting and SMEs performance. This research contributes to the body of knowledge by providing insights for SMEs and policymakers regarding the significance of investing in information technology and developing structural, human, and relational capital.

Adoption of cloud-based accounting solutions in micro, small and medium-sized enterprises: insights from the Kingdom of Saudi Arabia

Purpose This study aims to explore the extent to which micro, small and medium-sized enterprises (MSMEs) in Saudi Arabia are adopting cloud-based accounting systems, what cloud accounting technologies MSMEs are using and the factors that affect cloud accounting system adoption. The technology, organizational and environmental model was used to assess the factors that affect the adoption of cloud accounting systems. Design/methodology/approach Data were collected via a survey distributed to MSME owners, directors and chief executives in Saudi Arabia. The final sample comprised 174 participants. Descriptive statistics, multiple response analysis and logistic regression were used to analyze the data. Findings This study’s findings show that many MSMEs currently do not use cloud accounting. The findings also show that Sage One and Xero Accounting are the main cloud accounting technologies MSMEs use. Perceived benefits, security concerns, organizational readiness, government support and vendor support were found to significantly influence the adoption of cloud accounting systems, while compatibility, firm size, top management support and intensity of the competition were not found to affect MSMEs adoption of cloud accounting technologies. Originality/value To the best of the authors’ knowledge, this study is the first to explore cloud accounting adoption by MSMEs in Saudi Arabia. It empirically shows the extent to which cloud-based accounting systems are used in MSMEs and the significant factors influencing the adoption of these systems.

Cloud Accounting and Operational Efficiency of Tier 1 Banks in Nigeria: Leveraging on Technological Competence

Cloud Accounting and Operational Efficiency of Tier 1 Banks in Nigeria: Leveraging on Technological Competence

Cloud Accounting and Operational Efficiency of Tier 1 Banks in Nigeria: Leveraging on Technological Competence

Cloud Accounting and Operational Efficiency of Tier 1 Banks in Nigeria: Leveraging on Technological Competence

Analysis of factors influencing cloud accounting adoption in Indonesian start-up companies using the technology acceptance model (TAM) and technology, organization, and environment (TOE) frameworks

This study was implemented to identify the connection between technology, environment, and organization factors and the impact on perceived benefits and its influence on adopting cloud accounting. This research developed the Technology, Organization, and Environment (TOE) framework, the Technology Acceptance Model (TAM), and the intention to adopt cloud accounting for start-up companies in Indonesia. Start-ups are pioneering businesses with flexible, independent natures and risk of failure. There were 340 valid responses collected from online questionnaires shared with start-up companies’ employees who were working in the accounting and finance departments. Those responses were processed with Smart PLS with SEM (Smart Equation Modelling). The result indicates that start-up companies are adopting cloud accounting based on their requirements and are not fully pushed by the TOE framework but are affected by perceived usefulness and ease of use. Start-ups will adopt cloud accounting, which is easy to use. However, to gain usefulness, the start-ups will be more pressured by their requirement instead of TOE as they tend to keep improving by their condition as independent and flexible companies.

Factors affecting the intention to adopt cloud accounting software in small and medium enterprises in Ho Chi Minh City

In the trend of the digital economy along with the widespread Industrial Revolution 4.0, accounting work organization needs to innovate in applying information technology (IT) in the implementation and management of accounting tasks. Cloud accounting software is built based on the development achievements of Cloud Computing, data is stored on data center servers, helping to process data and accounting work anytime, anywhere. and on every device. This article aims to identify factors influencing the intention of the adoption of cloud accounting software in small and medium enterprises (SMEs) in Ho Chi Minh City. Through data collection using questionnaires from 210 SMEs and using SPSS analysis tools, the research results show that there is an impact of factors such as perceived usefulness, perceived ease of use, manager support, social influences, and application risks that affect the intention to apply cloud accounting software of these businesses. These results provide useful information to help business managers better understand the benefits of the application, the role and importance of IT application in general, and cloud accounting software in particular in business operations, contributing to improving accounting work at the business.

Cloud accounting and the performance of deposit money banks in Nigeria

The current technological era of the 4th Industrial Revolution (4IR) and the realities of the COVID-19 pandemic brought about challenges and opportunities for DMBs; these challenges necessitated this study. The study examined empirically the relationship between cloud accounting and improved customer service delivery, which have effect in the financial performance of deposit money banks (DMBs). The study adopted cross-sectional survey research design. The structured Lickert scale questionnaire was raised from the objectives of the study and administered to the information technology and communication (ICT) unit of the sampled DMBs. The outcomes of the administered questionnaires were analyzed using the descriptive statistics and Spearman’s Rank Correlation Coefficient. Results show that cloud accounting has a significant positive relationship with financial performance of DMBs. In addition, Information Technology Trust has a positively significant moderating effect on the relationship between cloud accounting and financial performance DMBs. Also, the study revealed that Visualized Transaction Reporting and Self-service Transaction Reporting have significant positive relationship with productivity and profitability of DMBs. In conclusion, cloud accounting significantly moves in the same direction as financial performance. Hence, the study recommends that banks should do more investment in cloud accounting technologies for improve customer service delivery in their operations, which will in the end boost financial performance.

Eksplorasi Tren Penelitian Cloud Accounting melalui Analisis Bibliometrik

This research aims to understand the mapping and development of studies on cloud accounting by examining various articles from journals and proceedings. The method used in this research is qualitative with bibliometric analysis using R Studio and Biblioshiny. The data used consists of 100 articles published between 1994-2022, extracted from the Scopus database. The results indicate that the research cluster on this topic is very broad, but there are two relatively large clusters related to big data and cloud computing. There is a diverse distribution of author countries, with China being the most active in publishing articles, followed by Jordan, Turkey, the United States, and Bangladesh. Although this research provides valuable insights into the trends in cloud accounting research, limitations in data and methodology should be considered. However, overall, this study provides a comprehensive view of the development of cloud accounting research over the studied period.

Қаржы-экономикалық кеңістікке негізделген бухгалтерлік есептің болашағы: бизнес сектордегі ақпараттық жүйесі

The article discusses future of accounting based on financial and economic space, information systems in the business sector are synonymous with cloud accounting. Its most important elements are cybersecurity system, smart manufacturing, Internet of broadcasting, Big Data and others. The proliferation of digital technologies has not affected many aspects modern civilization. Is rethought professional structures and reinvented business models. Consequently, in conditions IS, financial and accounting services (AS) face new threats, difficulties and opportunities. In business, players AS sector accept that traditional accounting system is gradually being replaced by digital AS. The purpose to answer this question based on qualitative and research approach applied to research using semi - structured interviews. The study while digital transformation in Kazakhstan's business sectors providing accounting services is just beginning, respondents highlighted cloud information system, Optical Character Recognition (OCR), artificial intelligence (AI), robotics and enterprise resource planning (ERP). Resistance to change, organizational culture and pricing seem be main obstacles for IS in accounting based on the financial and economic space. In the context of digital age, organizations contribute to a more complete understanding of accounting and role accountants. In addition, it provides practical insight into possible relationship between technological (in particular, digital) development and dynamics labor market for accounting professionals. Finally main conclusion and limitations this study described in final section, addition possibilities future research on topic.

Review of Management Accounting in a Digital Economy

The paper gives an overview of the transformation in management accounting practices in a digital economy. Advanced technologies such as big data analytics, cloud computing, artificial intelligence, and blockchain digitised traditional accounting ways by providing real-time data processing, enhanced decision-making, and strategic insights. The review focuses on how technological innovations have changed data collection, analysis, and reporting links, moving attention away from record-keeping to predictive and prescriptive analytics. Discussions are the automation of routine tasks, real-time financial reporting developments, and increased involvement of management accountants in strategic planning and risk management. The review talks about cloud accounting systems, machine learning in managing costs, blockchain for financial transparency and security, and how digital transformation opens up some critical challenges related to data privacy concerns, security risks, and massive upskilling on the part of accounting professionals. The paper addresses these issues by examining strategies to mitigate identified risks and bridging skill gaps through specific training and educational efforts. It further reviews the emerging trends in predictive and prescriptive analytics and discusses their potential applications in Management Accounting. The review sheds light on changing regulatory scenarios that will impact digital practices in accounting. The implications of this digital transformation are huge and thus require a rethink in the role of management accounting within organisations. It calls for management accountants to reposition themselves in the field and stay relevant by embracing new technologies while attaining strategic competencies, enabling them to drive value creation against the drastic changes in the digital age.

Exploring Factors Influencing the Adoption of Cloud Accounting Systems in Indonesian Micro Small and Medium Enterprises: A Unified Theory of Acceptance and Use of Technology Based Analysis

Exploring Factors Influencing the Adoption of Cloud Accounting Systems in Indonesian Micro Small and Medium Enterprises: A Unified Theory of Acceptance and Use of Technology Based Analysis

Factors Influencing the Integration of Cloud Computing in Modern Accounting Practices in the Malaysian Accounting Sector: A Conceptual Study

In the dynamic landscape of contemporary business, cloud computing has become a prevalent tool for organizations to manage and store data efficiently as more organizations adopt cloud-based solutions for their IT needs. In this case, the adoption of cloud computing is beneficial not only for managing and storing data but also for implementing effective cloud accounting systems. However, amidst the transformation and benefits, adopting and integrating cloud computing in accounting practices are not without challenges. This study aims to delve deeper into these issues to investigate the key factors influencing the adoption of cloud computing in accounting, particularly in the Malaysian business landscape. The factors explore the distinctive benefits like security, cost-effectiveness and flexibility while also shedding light on the associated challenges, with a particular emphasis on security. Despite these challenges, such as security vulnerabilities, cost overruns and potential for data loss, the study asserts that the benefits of integrating cloud computing into accounting practices substantially outweigh the hurdles. Consequently, it recommends strategic steps to ensure a smooth transition to cloud-based accounting systems. These measures are critical in aiding businesses in navigating through the challenges while capitalizing on the transformative potential of cloud computing, thereby staying competitive and agile in the rapidly evolving digital era.

CLOUD ACCOUNTING UNVEILED: INVESTIGATING CHALLENGES AND PROSPECTS IN MODERN FINANCIAL MANAGEMENT

Cloud accounting has emerged as a transformative force in modern financial management, offering businesses unprecedented opportunities to streamline processes, drive innovation, and achieve strategic objectives. This paper provides a comprehensive examination of cloud accounting, exploring its key features, benefits, challenges, and prospects in detail. The analysis begins by elucidating the fundamental concepts of cloud accounting, highlighting its accessibility, scalability, and cost efficiency compared to traditional accounting methods. It delves into the challenges faced by businesses in adopting cloud accounting, including security concerns, data privacy issues, integration complexities, and regulatory compliance requirements. Despite these challenges, the prospects for cloud accounting are bright, with numerous opportunities for businesses to leverage its benefits and drive growth. The paper identifies scalability, flexibility, cost efficiency, innovation, collaboration, security, and integration as key prospects in cloud accounting, highlighting their transformative potential in reshaping financial management practices. Furthermore, the paper underscores the importance of real-time collaboration, accessibility, and security in fostering a culture of transparency, accountability, and trust within organizations. It emphasizes the role of cloud accounting in creating interconnected ecosystems of applications and data sources, enabling better decision-making and operational efficiency across the organization.

Adapting Cloud Accounting As Creative Innovation And The Role Of Accountants In The Era Of Disruption

Cloud accounting is a pivotal innovation in contemporary accounting, significantly altering how accountants operate. This article delves into the effects of cloud accounting on the accounting profession, examining its role in an era marked by technological upheaval and how accountants adapt to persist. It elucidates the transition prompted by cloud accounting from traditional task execution, such as transaction recording, to a more analytical approach focused on deep data analysis through process automation. Yet, this transition does not render the accountant's role redundant; rather, it underscores the ongoing necessity for accountants to refine their competencies. These include analytical prowess, data interpretation skills, engagement with emerging technologies, a commitment to ethical standards, and a mastery of strategic consulting. Additionally, the article points out the critical need for accountants to continuously advance their technological understanding, embracing tools like Power BI and programming languages such as SQL, to stay pertinent and effective amidst disruptive trends. By exploring both hurdles and prospects, the narrative posits accountants at the forefront of delivering insightful, value-added recommendations to businesses navigating the digital revolution. By presenting a comprehensive analysis of the evolving landscape, the article projects a nuanced perspective on the accountant's future role, advocating for readiness and adaptation to harness the benefits presented by cloud technology in this transformative period

Contribution of Cloud Accounting to Employment and Economic Growth: An Evaluation from Nigerian Public Sector

Statistically, the global unemployment rate has drastically reduced due to emergency of cloud accounting. This research therefore evaluates the contribution of cloud accounting to economic growth and employment creation from the Nigerian public sector perspective. Analyzing secondary data from 2016 to 2022, the study identifies several significant findings. The data obtained were analyzed using descriptive statistics and time series data containing ordinary least square technique. The results highlight a positive and statistically significant correlation between the adoption rate of cloud accounting, the number of cloud accounting software providers, and the General Cloud Accounting Metric. These findings underscore the pivotal role of cloud accounting in fostering economic growth in Nigeria through job creation and facilitating informed decision-making with remote financial information. However, it's crucial to acknowledge that Nigeria's annual adoption rate of cloud accounting remains relatively low. Therefore, the study recommends concerted efforts to accelerate and improve the adoption of cloud accounting in Nigeria.

Data security in cloud accounting systems: modern approaches and risks

The article discusses modern approaches and risks associated with data security in cloud accounting systems. The main security threats are discussed, as well as strategies and technologies to overcome them. Author examines the issue of data security in cloud accounting systems, describing modern approaches to data security, the main risks and measures to reduce them. Recommendations for ensuring data security in cloud accounting systems are also provided.

Driving Factors of Cloud Accounting Implementation in Small and Medium Enterprises (SMEs): Evidence from Indonesia

This paper attempts to identify key factors that affect Small and Medium Enterprises (SMEs) decision in implementing cloud accounting system on their business, in particular Indonesia’s Bandung region. Bandung greater area has long been recognized as among the amiable region for SME development in the economy. This research qualitatively analyzed primary data obtained through a series of in-depth interviews with SMEs key personnel regarding the opportunity of cloud-based accounting. The informants were eight key SMEs personnel selected for their relevant knowledge and experience in accounting and associated technology use. An expert-based validation was then conducted on factors that were successfully identified at coding stage. The findings indicate that there are seven decisive factors which influence SMEs decision including security, usability, human resource, time, communication, cost, and functionality. This research offers an insight regarding the implementation of cloud accounting in SMEs by filling the identified gap to the body of literature in cloud accounting and SMEs in particular developing economy.

THE SIGNIFICANCE OF CLOUD ACCOUNTING IMPLEMENTING AND ITS INFLUENCE ON ENHANCING THE QUALITY OF FINANCIAL REPORTING: EVIDENCE FROM EMERGING MARKETS

The present study seeks to elucidate the significant impact of cloud accounting technologies as a type of innovation in information technology and its contribution to enhancing the financial reporting standard within the scope of international standards. To reach the objectives of this study and look at hypotheses through a descriptive and analytical lens, it is necessary to look at previous research and use it to make a questionnaire that shows how important it is to use cloud accounting techniques to improve the quality of financial reporting. The system comprises two axes, and the total number of questions reached 26. The distribution was conducted among a subset of employees in publicly traded corporations. 118 participants were included in the study conducted on the Iraqi Stock Exchange. The hypotheses were examined using descriptive statistics, the Pearson correlation matrix, and the structural equation modelling technique with the statistical software SPSS version 26. The findings demonstrated a statistically significant influence of cloud accounting, namely at a rate of 26.6%, on attaining high-quality financial reporting. It became evident that the future of cloud accounting in Iraq would be remarkable if the government and all companies made every effort to overcome the challenges and barriers that hinder its implementation, thereby significantly enhancing the generation of high-quality financial statements aligned with international financial reporting standards.

The Faktor Determinan Minat UMKM terhadap Penggunaan Aktual Menggunakan Cloud Accounting

This study aims to find evidence that the UTAUT (Unified Theory of Acceptance and Use of Technology) model is a conceptual framework for explaining the acceptance and use of cloud accounting as an online accounting service in the city of Padang. The data used in this study are primary data obtained by distributing questionnaires in person and online. This study used purposive sampling with a sample of 340 respondents who had used cloud accounting. The data analysis used in this research is Structural Equation Modeling (SEM). Data analysis techniques using SmartPLS ver.4.0 were processed. This study found evidence that social influences, facilitating conditions and positive influences on behavioral intentions; behavioral intention to actual use has a positive effect, while performance expectations and effort expectations have a negative effect on behavioral intention.