This research aims to analyze the direct and indirect influence of the use of Big Data and Cloud Computing Platforms on the smooth processing of financial accounting system data and its implications for the success of village development. This research used quantitative methods, using Saturation sampling techniques, and obtained a sample of 131 respondents who were village financial information system operators, consisting of 131 villages in Pringsewu Regency, Lampung Province, Indonesia. The data collected from the surveys was then analyzed using Structural Equation Modeling-Partial Least Squares (SEM-PLS). The research and data analysis demonstrate that Cloud Computing Platforms significantly enhance the efficiency of processing financial accounting system data. Additionally, Cloud Computing Platforms have a direct and positive influence on the success of village development. Moreover, the efficient handling of financial accounting system data directly and significantly impacts the progress of village development. Furthermore, the application of Big Data has a direct and substantial impact on the effective processing of data in financial accounting systems, as well as on the achievement of success in village development. Ultimately, the efficient data processing of the Financial Accounting System serves as a partial intermediary between the utilization of Big Data and Cloud Computing Platforms, and the achievement of village development in Pringsewu Regency, Lampung Province, Indonesia. Because the independent variable is able to significantly influence both directly and indirectly the dependent variable.

This paper aims to determine the importance and challenges of the reform and transition towards the International Public Sector Accounting Standards’ (IPSASs’) accrual accounting and its implementation in the public sector in Kosovo. A survey obtained primary data from a considerable representative sample of officials from budget organizations and institutions and members of publicly owned enterprises (POEs) and professional societies. The study analyzed the collected data using descriptive statistics, correlation and the Chi-Square and Kruskal–Wallis H tests. The reform contributes significantly to a better decision-making process and the use of public funds. It reflects the true long-term implications of policy decisions and therefore helps governments demonstrate accountability in the use of public funds. Despite the identified challenges, the study justifies the suggested reform in Kosovo. The findings emphasize its importance for improving accountability, transparency and financial management and building public confidence in information and the country’s macro-fiscal sustainability position.