Cloud Computing Accounting: Awareness and Adoption of Accounting Applications on Cloud: Accounting Professionals Perspective

Cloud computing is the recent development in technology and doing accounting on cloud based accounting application is the modern way of accounting. To discuss about this new flanged technology, we carried out extensive study to understand the level of awareness of cloud computing in accounting by accounting professionals. The main reason of this study is to explore the level of awareness and adoption of accounting applications of on cloud by accounting professionals. The objective of this study is to find out the degree of familiarity with cloud computing among accounting professionals and reasons for not using the cloud computing in accounting. For this a well structured questionnaire was sent to 73 accounting professionals out of which 60 responded and related analysis was done. It was found 64% respondents from all 60 respondents are aware with the term cloud computing. Majority of respondents who are not using cloud computing accounting application i.e. 18 out of 30 (i.e. 60%) because of lack of awareness of cloud technology in accounting.