Feb 18, 2018 - www.smsvaranasi.com. Estd. 1995. Sponsored By : Dr. A P J Abdul Kalam Technical University ,. Lucknow. A GRADE INSTITUTE BY NAAC ...
Estd. 1995
V A R A N A S I A GRADE INSTITUTE BY NAAC
Presents
IC N
6
th
INTERNATIONAL CONFERENCE ON
Alchemy of Leadership For Innovation and Sustainability th
th
17 -18 February, 2018 | Venue: SMS, Varanasi Sponsored By : Dr. A P J Abdul Kalam Technical University , Lucknow
Organized by
V A R A N A S I
www.smsvaranasi.com
CLOUD COMPUTING AND ACCOUNTING: THE PROS AND CONS
Ashwani Kumar, Research Scholar (D.Phil.) Dept. of Commerce & Business Administration, University of Allahabad
Dr. Hariom Gupta, Assistant professor Dept. of Commerce & Business Administration, University of Allahabad
Himanshu Kushwaha, Research Scholar (D.Phil.) Dept. of Commerce & Business Administration, University of Allahabad
Abstract We are living in 21st century and this is era of technology. Without using technology, there is no existences of any business so if we want to grow up our business we should avail the modern technology so that we will able to gain unexpected benefit. Accounting is the language of business if this language not access in ubiquitously so you cannot avail every opportunity. Accounting is an information system which provides all kinds of financial information. Cloud Accounting has emerged as a strong tool in the hand accounting manager which provide rights to access in anywhere of the world, means there is no geographical and infrastructural limitations to access any kind of accounting data. This paper’s aim is to understand the term of cloud computing and what is the current trends and future prospect in accounting solution, and will also be discuss about differences between traditional accounting and cloud accounting. Why we adopt cloud computing and risks of cloud computing. The cloud accounting software updates business information automatically and provides reporting in real-time.
Key words: Cloud computing, accounting, Software as a service (SaaS), Infrastructure-as-aservice (IaaS), Platform as a service (PaaS), Public cloud, Private Cloud, Hybrid Cloud, On Premises, Hosted solutions.