Cloud accounting information systems: Threats and advantages

Abstract: When the Corona-virus pandemic hit the world, executing and performing the jobs of the remote world became an imperative, this pandemic became as motivator to create this study which aimed to reveal the advantages and threats that encounter the implementing of Cloud Accounting Information Systems CAIS from the view point of external auditors. For that purpose, a questionnaire was developed and distributed then from 198 valid questionnaires which were analyzed by a T- test. It has been found that the main advantages are a reduction of labor and overtime costs because of the ability to access the system from anywhere, while penetration, interruption, and confidentiality are the main threats, also it was found that there is a strong relationship between implementing cloud accounting information systems (CAIS) and the limiting manipulation of financial information. The study therefore recommended upgrading the security procedures of cloud accounting systems and holding courses for auditors to enhance their abilities in auditing CAIS.

How to cite this paper

 Al-Nsour, E., Weshah, S & Dahiyat, A. (2021). Cloud accounting information systems: Threats and advantages.Accounting, 7(4), 875-882.

Refrences

Abu-Musa, A. A. (2006). Investigating the perceived threats of computerized accounting information systems in developing countries: An empirical study on Saudi organizations. Journal of King Saud University - Computer and Information Sciences, 18, 1-30.
Al-Bashtawi, S., & Al-Husban, A. (2013). Determinants of auditing electronic accounting information systems: A case study in the Jordanian commercial banks. European Scientific Journal, 9(10), 118-136.
Al-Zoubi, A. M. (2017). The effect of cloud computing on elements of accounting information system. Global Journal of Management and Business, 17(3-D).
Christauskas, C., & Miseviciene, R. (2012). Cloud computing-based accounting for small to medium sized business. Inzinerine Ekonomika – Engineering Economics, 23(1), 14-21.
Christauskas, C. & Martinkus, B. (2004). Information system for accounting. Folia Oeconomica: Accounting Change in the Period of Economic Transformation in Poland and Lithuania, 173,15-22.
Cloete, A.L. (2017). Technology and education: Challenges and opportunities. HTS Teologiese Studies/ Theological Studies 73(4), a4589. https://doi.org/ 10.4102/hts. v73i4.4589
Davis, C. E. (1996). Perceived security threats to today’s accounting information systems: A survey of CISA’s. IS Audit & Control Journal, 3, 38-41.
Dimitriu, O., & Matei, M. (2015). Cloud accounting: A new business model in a challenging context. Procedia Economics and Finance, 32, 665-671. 10.1016/S2212-5671(15)01447-1.
Felsberger, A., Oberegger, B., & Reiner, G. (2017). A review of decision support systems for manufacturing systems. i-KNOW 2016, Andreas Felsberger on 16 February 2017.
Güney, A. (2014). Role of technology in accounting and e-accounting. Procedia – Social and Behavioral Sciences, 152, 852-855.
Haynes, R., & Li, C. (2016). Continuous audit and enterprise resource planning systems: A case study of ERP rollouts in the Houston, TX oil and gas industries. Journal of Emerging Technologies in Accounting, 13(1), 171-179.
Loch, K. D, Carr, H. H, & Warkentin, M. (1992). Threats to information systems: Today’s reality, yesterday’s understanding. MIS – Computer Security, 15(2), 173-186.
Ionescu, B., Ionescu, I., Bendovschi, A., & Tudoran, L. (2013, June). Traditional accounting vs. Cloud accounting. In Proceedings of the 8th International Conference Accounting and Management Information Systems, AMIS (pp. 106-125).
Mukhopadhyay, B., & Mukhopadhyay, B.K. (2020). Effectively Managing Remote Workplace during COVID-19. The Sentinel, Post-Editorial, 19th March
Oldhouser, M. C. (2016). The Effects of Emerging Technologies on Data in Auditing, Master thesis in University of South Carolina – Columbia.
Prichici, C., & Ionescu, B. (2015). Cloud accounting–A new paradigm of accounting policies. SEA–Practical Application of Science, 1(7), 489-496.
Romney, M. B., Steinbart, P. J., & Cushing, B. E. (2000). Accounting information systems (Vol. 2). Upper Saddle River, NJ: Prentice Hall.
Siahaan, F. O. (2013). Standardization online accounting system based on information technology. International Journal of Business and Social Science, 4(12).
Zhang, C. (2014). Challenges and strategies of promoting cloud accounting. Management & Engineering Journal, 17, 1838-5745.
www.researchgate.net
www.wikipedia.org

Journals

AC Volumes

Keywords

Authors

Countries

Accounting

Cloud accounting information systems: Threats and advantages Pages 875-882 Download PDF

Add Reviews