Analysis of the development of cloud technologies in accounting

Iryna Vagner (), Oksana Sarakhman and Ruslana Shurpenkova
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Iryna Vagner: Ivan Franko National University of Lviv
Oksana Sarakhman: Ivan Franko National University of Lviv
Ruslana Shurpenkova: Ivan Franko National University of Lviv

Technology audit and production reserves, 2023, vol. 5, issue 4(73), 21-26

Abstract: The object of research is cloud technologies in accounting.The research is devoted to the study of modern achievements in the field of cloud technologies and the justification of the need for their use in the field of accounting for deeper analysis, modeling and forecasting based on timely and complete information about business processes.The article provides statistical data that indicate how cloud technologies are positively changing the course of accounting development. In the context of such positive changes, the authors highlight the differences between traditional accounting and cloud accounting, and highlight the advantages of its implementation at enterprises. The cloud accounting software is analyzed and its main characteristics are highlighted.It is concluded that at the present stage of development of information technologies, the use of cloud computing is gaining popularity. This, in turn, in the field of accounting, can provide significant cost savings and unprecedented flexibility in how enterprises can use information technology. That is why the use of cloud computing in accounting has never been more important.The main theoretical provisions of the article can be used in the practical activities of enterprises and help to choose the optimal cloud technology for accounting in accordance with the needs of the business entity. The results obtained will be useful for managers of enterprises of all forms of ownership, as they provide an answer to the need to implement cloud technologies in their activities. This, in turn, is an ideal solution to the problems that arise, which will allow the business entity to continue its work and reach a new level, develop a successful business and be able to keep it in the market.

Keywords: cloud computing; accounting; software; cloud accounting; traditional accounting; private cloud; public cloud; hybrid cloud (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:baq:taprar:v:5:y:2023:i:4:p:21-26

DOI: 10.15587/2706-5448.2023.289245

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