期刊名称：International Journal of Advances in Engineering and Management
电子版ISSN：2395-5252
出版年度：2021
卷号：3
期号：7
页码：541-545
DOI：10.35629/5252-0307364367
语种：English
出版社：IJAEM JOURNAL
摘要：Accounting in the twenty-first century would be impossible to imagine without the assistance of information technology.It has been the language of business since its inception, and it has served every trade.Its practice has been significantly improved by the emergence of cloud-based accounting software, which is one of the most significant IT innovations of the last decade. With the advancement of cloud computing, the business world becomes more competitive and sophisticated. So, are we ready for the next wave of innovation?As a result, a new concept has emerged: cloud accounting is the next big thing, promising to reshape the accounting function.Although cloud accounting is becoming more common by the day, many business owners and professionals are unsure what it is, what its benefits are, or how it will shape the future of accounting.The purpose of this paper is to provide a theoretical overview of cloud accounting.It discusses its concept, benefits, drawbacks, comparison to the traditional one, and other important aspects that may shape the profession in the coming years.The purpose of this paper is to provide a theoretical overview of emerging traditional accounting trends toward cloud accounting. It discusses its concept, benefits, drawbacks, comparison to the traditional one, and other important aspects that may shape the profession in the coming years. The data was gathered and prepared using the most recent accounting studies and research.
