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Cloud Computing Effect on Accounting Research Paper

… 9 percent system accessibility and uptime. Taking into consideration that the cloud service providers partake in the sustenance of the operating system together with provide software support, corporations usually experience very minimal downtime for system patches and also software version upgrades (Kumar and Vidhyalakshmi, 2018). What is more, in using cloud computing, the service providers provide assurance of system availability as part of their contract. Secondly, there is the advantage of utilizing processors. This is in the sense that owing to the reason that cloud-based providers have the ability to scale processors on demand, an accounting firm does not face the need for deploying a significant number of processors in order to meet the entity’s potential demand. Rather, a firm can approximate initial demand and…. [read more]

Technology on the Accounting Profession Term Paper

… S., as any company in this category must file their financial statements with the U.S. Securities and Exchange Commission (SEC). The SEC has been testing and continually validating the XBRL standard for the last several years and now every company who is publically traded needs to file reports using this standard (Brands, 2013). While the XBRL standard only applies to publically-held companies, all accounting and finance companies need to be able to gain greater insights from their legacy systems through the use of systems and process integration (Ionescu, Ionescu, Mihai, Cojocaru, 2009). This area continues to flourish, with the role of cloud-based integration architectures (Arnesen, 2013) and role of advanced connectivity applications becoming more commonplace than ever.

The impact of smartphones and tablets also continue…. [read more]

Accounting Impact on Cloud Computing Outline

  • As a result, most developing countries do not see value in the the role of accounting systems, nor their significance in each phase of their decision-making and nationwide development plans (Shareia, 2016).

  • References

    1. Brandas, C., Megan, O., & Didraga, O. (2015). Global perspectives on accounting information systems: mobile and cloud approach. Procedia Economics and Finance, 20, 88-93.

    2. Chee, B. J., & Franklin Jr, C. (2010). Cloud computing: technologies and strategies of the ubiquitous data center. CRC Press.

    3. Dimitriu, O., & Matei, M. (2015). Accounting in the Cloud. In Managing Intellectual Capital and Innovation for Sustainable and Inclusive Society: Managing Intellectual Capital and Innovation; Proceedings of the MakeLearn and TIIM Joint International Conference 2015 (pp. 1259-1265). ToKnowPress.

    4. Dimitriu, O., & Matei, M. (2015). Cloud accounting: a new business…. [read more]

    Cloud Services to Business Research Paper

    … ¶ … Cloud Services to Business

    For small businesses the urgency to get new products and services to market quickly and cost-effectively, stay ahead of customer expectations for service and support, while growing their businesses at the same time taken together form a strong catalyst for adopting cloud services. Small businesses, and increasingly enterprises of all sizes, need to invest all available resources in new product development, managing customer relationships and new business expansion instead of Information technologies (IT) departments. For small businesses that are growing faster than their industries, this is especially the case as their growth trajectory often includes opening up regional, national and global offices as their products and services find increasingly larger audiences and customer bases.

    Early adopters of cloud services…. [read more]

    Cloud Computing and Data Security Term Paper

    … Cloud Computing and Data Security

    Cloud computing service providers have made their systems so inexpensive to use and easy to access, that there is little reason that companies should not be exploring this option for providing data and services. -- Roger Smith, 2009a

    Businesses utilize Information Technology (IT) such as computer hardware and software to run their operations. Even small companies such as a local gift shop have at least one computer that runs accounting or point of service applications. In today's economy, it is not uncommon to find businesses in virtually every industry utilizing complex IT hardware and software. There are many examples of IT business applications and hardware. Salesmen use customer relationship management systems to manage interactions with their customers. They may also…. [read more]

    Information Security in Cloud Computing Platforms Research Paper

    … Cloud Computing


    Cloud computing manipulates and alters our way of understanding of how current computing systems are aligned. The economics of cloud computing are re-ordering the enterprise software industry globally, bringing greater value at a lower price to companies needing to stay in step with customers (Ambust, et al., 2009). The continued growth of cloud computing is also driving more digital content and information into data centers and the cloud than has ever been the case in the past, completely redefining the development methodologies of applications as well (Rajkumar, Yeo, Venugopal, 2008). Information and data are banished to a hypothetical land of bits and bytes that really exist nowhere but the cloud. All digital information in cloud computing relinquishes…. [read more]

    Business Plan for a Market Research Company Research Paper

    … Business Plan for a Market Research Company

    Business Plan for a Research and Advisory Services Firm

    in the Information Technologies Industry

    Business Description and Staffing Plan

    The continued growth of research and advisory services in the information technologies (it) industry continues to accelerate given the highly disruptive nature of cloud computing, increased adoption of analytics and the continued acceptance of Software-as-a-Service (SaaS)-based enterprise software applications. The intent of this business plan is to define the proposed research and advisory firm and the benefits it will provide to clients. Also included is a thorough analysis of form this business will take, the chart of accounts, applicable Generally Accepted Accounting Principles (GAAP), pro forma balance sheets, valuation of assets and recommendations for implementing internal controls. As the…. [read more]

    Information Systems and Its Effects Essay

    … Similarly, those people that are involved in finance department have a strong connection with information system keeping in view the financial reporting. The equities analysts also greatly rely on information systems for the organization, management and analysis of complex and large financial data (Laudon, Laudon & Dass, 2010).

    As far as the field of marketing is concerned, it wouldn't be incorrect to say that it is the first and the foremost field that has experienced innovations and have become more and more technological with the introduction of information systems. In the similar manner, the field of management has been immensely revolutionized by the usage and execution of information systems. They have helped and facilitated managers in supporting decision making and monitoring and evaluating the performance…. [read more]

    What Are the Effects of Cloud-Based Saas Document Management Solutions in Law Firms? Capstone Project

    … ¶ … invention of the internet has seen applications being run from remote clouds. The technology referred to as Software as a service (SaaS) is what makes this possible. The applications are specially designed to run as services on remote servers. The advantages of this technology are numerous and the main ones are cost, security and convenience. The legal fraternity has been shown to be turning to the cloud-based Software as a service (SaaS) due to the waning security concerns (Taylor,2011).These concerns have been indicated to cause a general lag in the adoption of this technology in the legal profession. This project is intended to examine the risks that law firms need to consider prior to migrating from their legacy systems to cloud-based SaaS document…. [read more]

    Accounting Information System. You knowledge Essay

    … Mobile payments have allowed companies to offer their products on mobile devices. Modifying the websites to suit the different mobile devices has ensured that all consumers are catered for, and they can make payment from their mobile devices. Brokerage services are now also available on mobile devices. Offering such a service will ensure that a broker can reach his/her clients at any time. The ease of offering this service is vital since the client does not have to visit the firm physically.

    d) Discuss the role and responsibilities of an accountant in today's organization that adopts technological change

    The accountant's role has changed with the advancement of technology. The accountant is no longer charged with only doing manual entries and making calculations, but rather they…. [read more]

    Small and Medium Enterprises (SME) Annotated Bibliography

    … While the Olympus example is global in scope, it holds insights into why many SMEs struggle at a local level with transaction-based support and customization.

    The advantages of SaaS-based ERP systems however far outweigh these limitations. First, many SMEs for the first time have a very accurate view of their financials for the first time in decades as the many operating areas of a business can be tracked using these systems. Second, the cost to implement the latest generation of ERP systems using the OPEX-based method of payment makes ERP systems on the SaaS platform very affordable., Third, there is increasingly a focus on the part of SaaS ERP vendors to allow for ongoing testing and porting of data during the evaluation period which can…. [read more]

    Crowdsourcing Techniques in Call Centers Dissertation

    … [EXCERPT] . . . promising phenomenon that lends itself to call centers' ability to improve their own and their other business units' efficiency is the employment of crowdsourcing. Crowdsourcing is an online, distributed problem-solving and production model already in use by for-profit organizations such as Threadless, iStockphoto, and InnoCentive. Speculation in Weblogs and wisdom of crowds theory assumes a diverse crowd engaged in crowdsourcing labor. Crowdsourcing is the act of taking a job traditionally performed by a designated agent (usually an employee) and outsourcing it to an undefined, generally large group of people in the form of an open call. Furthermore, and as crowdsourcing is in some ways similar to open-source software production, prior research suggests that individuals in the crowd likely participate in crowdsourcing…. [read more]

    Apple Regulations for Financial Reporting Term Paper

    … Imperatively, the failure by management or employees to comply with the regulations can result in jail time. There is also the substantial consequence of the adverse impact on the veracity, quality and confidence from the general public in the company’s published financial reporting. From an ethical perspective, there is the consequence of having a negative and tarnished reputation. When a company gets into the public domain owing to the wrong reasons such as fraud and failure of being compliant, it faces the consequence of its reputation being soiled and this results in the firm’s distrust (Lexis Nexis, 2017). At the end of the day, the company can lose consumers, suppliers and even business partners. Furthermore, from a regulatory perspective, one of the major consequences that…. [read more]

    Impact of Big Data on Business Strategy Term Paper

    … ¶ … Big Data on Business Strategy

    Business Strategies

    The competitive nature of today's business environment is driving companies to use technology driven business strategies (Berman & Hagan, 2006, p.28). Big Data and technology are undoubtedly impacting on business strategy progression. The research indicates that Big Data offers real-time application, which allows businesses to move information to analytics tools from various systems and sources. The ability for a business to analyze the behavior of a consumer based on experiences depends on the ability of their Database system to load, transform, analyze, and present data. Technology is finding wide application in organizations, creating opportunities for strategy formulation, implementation, assessment, and evaluation. This research finds it necessary to identify key technological advances that are affecting business strategies…. [read more]

    Federal Contracting Activities Research Paper

    … Federal Contracting

    Give a brief overview of the history and background of the company. No more than one (1) page.

    IBM is arguably one of the most historic and storied companies in America. For over 100 years, the company has been an industry leader in technology and technology related products (Conway, 2004). It has navigates success the tech stock bubble of the 2000's while also continuing to prosper in the midst of a global recession. Much of this success can be attributed to an intense focus of customer demand. IBM, even after 100 years, still maintains its focus on recording, processing, retrieving, and storing information (History of IBM).

    IBM was first incorporated on June 11th, 1911 as the Computing Tabulating and Recording Company. As such,…. [read more]

    Economics in the IT Industry Research Proposal

    … Cloud Computing is pervasive and used for supporting a myriad of applications, as diverse as Google and Yahoo Mail to sophisticated Customer Relationship Management (CRM) applications including Oracle OnDemand and others who all run entirely over the Internet. Cloud Computing is an area where IT is showing how effectively it can be used as a technology base for rapidly reducing costs while increasing performance and value (Han, 205). In addition to the cost advantage of Cloud Computing, applications developed on it as a platform are more easily modified and tested with customers for feedback, ensuring higher levels of adoption relative to traditional software. Cloud Computing applications are also beginning to become more integrated to databases, enterprise systems and order management platforms and systems, as…. [read more]

    Change Management for Enterprise 2.0 Implementations Dissertation

    … ¶ … Social Networking Technologies on the Collaborative Performance of Organisations

    Today, there are growing numbers of large-scale organizations deploying Enterprise 2.0-based solutions for their information-sharing and collaborative needs. Although these solutions share some common features, every organization's requirements are unique and the manner in which they are adopting Enterprise 2.0 solutions varies. Moreover, the maturity levels of these Enterprise 2.0 implementations vary significantly. Therefore, the purpose of this study is to synthesize secondary and primary resources to identify critical success factors and maturity levels that exist along the Enterprise 2.0 continuum, evaluating the value of their social network-based communication and collaboration in the process.

    Table of Contents

    Chapter 1: Introduction

    Statement of the Problem

    Purpose of Study

    Project Objectives

    Background Research

    Organization of the…. [read more]

    IBM Is a Globally Integrated Research Paper

    … In addition, Systems and Technology provides leading semiconductor technology, products and packaging solutions to clients and for IBM's own advanced technology needs.

    Systems - A range of general purpose and integrated systems designed and optimized for specific business, public, and scientific computing needs.

    Storage -- Data storage products and solutions that allow clients to retain and manage rapidly growing, complex volumes of digital information.

    Retail Store Solutions -- Point-of-sale retail systems (network connected cash registers) as well as solutions which connect them to other store systems.

    Microelectronics - Semiconductor design and manufacturing pri-marily for use in IBM systems and storage products as well as delivering semiconductors and related services to external clients.

    2010 Revenue: $17,973 (in millions)

    2010 Gross Margin: 38.5%

    The increase in external…. [read more]

    Internet and Global Finance Research Paper

    … From the statistics presented by the Internet World Stats, 2.4 billion people around the world were using internet in 2012, which represented 34.3% of the world population. Between 2000 and 2012, there was a tremendous growth of 566.4% of internet users. Despite the growth in the internet users globally, the internet penetration rates varies across the globe. The North American region recorded the 78.6% in the internet penetration rates followed by Australia 67.6% and Europe 63.2%. The overall world internet usage is presented in Table 2 and Fig 1.

    Table 2: World Internet Usage Statistics


    June 30, 2012

    World Regions


    ( 2012 Estimation )

    Internet Users

    Dec. 31, 2000

    Internet Users

    Latest Data

    Internet Penetration Rate



    Users %

    of…. [read more]

    Technology for Management Essay

    … Technology in Management

    The Fargus Benevolent Fund is a regional specialty insurance company providing weekly-premium health insurance primarily to lower-income customers. They currently operate on a large mini-computer system that they have had for 18 years (with upgrades). All computing is handled at the home office where the mini resides. Agents in multiple cities keep many records themselves in paper ledgers and periodically mail or fax reports to the home office. The system tracks customers, payments and benefits and also performs organizational administrative computing such as payroll, commission tracking, GL and AP. The mini will continue to be supported by its manufacturer for some time, and the software works adequately for what it does. However some executives in the organization want to totally revamp the…. [read more]

    Alcan's Continued Revenue Growth Capstone Project

    … It is inferred in the case analysis that the level of reporting has continually been late or is not occurring at all as more countries become attuned to the need for sustainability and the impact of industries on their natural environments, Alcan will be forced to be more sensitive to these requirements of doing business. During the timeframe of the case analysis, the company is performing to a level that satisfied the nations they are operating in. In the future this will have to increase in terms of CSR initiatives and effort.

    Technical Challenges

    There are a myriad of technical challenges that Alcan is dealing with due to their lack of clear and consistent governance in the areas of IT management and governance. Foremost among…. [read more]

    Competitive, Fast-Paced Business World Essay

    … So how can teachers and business owners attract students to this profession?

    Indeed, some of this work is already taking place. Companies famous for network administration tools such as Cisco are working to make life easier for administrators and managers, especially given the new age of mobile and cloud computing networks . At the college level, the U.S. Naval Academy has increased Computer Science and Information Technology enrollment by 50% over the past two years simply by offering cyber security competitions and training courses to peak interest among candidates . At the high school level, researchers are taking advantage of the popularity of online computer gaming among students by using certain games as a computer science recruiting tool . In addition, high schools have been…. [read more]

    Computer Security Briefly Support Your Own Opinion Term Paper

    … Computer Security

    Briefly support your own opinion about the ethical principles of the Lamers group before formation of the SecureThink Company. Briefly support your opinion about the ethics of the hiring of SecureThink by the MoneyBags record company.

    The Lamers group initially gets formed out of a curiosity and sense of challenge the members have about how to crate robotic software code that can replicate itself, communicate and erase its digital trail. Groups like Lamers illustrate however how widely multidimensional security threats are, as it is impossible to manage the intentions of each member of this group (Landau, 2008). The ethics of the group therefore has to be questioned as their design objective, collectively, is to impact the SoftMicro operating system. Attacking or targeting a…. [read more]

    Use of Technology in Finance Term Paper

    … ¶ … investing in it

    The Use of Technology in Finance

    Effects of investing in Information Technology

    The wealth effects of investing in information technology)

    The study done by Jory and others (2010) examines the reaction of investors to announcements of new information technology or improved existing information technology by companies as a response to the requirements of Section 404 of the Sarbanes-Oxley Act of 2002. This section of the Sarbanes-Oxley Act of 2002, commonly referred to as SOX 404, demands that auditors attest to, and report on, the effectiveness and assessment of the management of the company's internal control systems. This Act was passed due to the increasing number of accounting scandals. The overall reaction was found by measuring several particular effects and reactions.…. [read more]

    Grant Proposal for it Veteran Students Grant Proposal

    … Scholarship for Service Proposal



    The National Science Foundation in combination with the National Science and Technology Council bring forth the Cyber Corps (R): Scholarship for Service (SFS) program, which is pursuant of proposals that take into consideration cyber security education and workforce development. The main objective of this Request for Proposal is to track down and pinpoint the source that will provide the best general value to the National Science Foundation with regard to enhancing the education system in cyber security as well as the growth and progression of the workforce. Our goal as the National Science Foundation encompasses the recruitment and training of the forthcoming generation of professionals in the information technology field, specialists in industry control system…. [read more]

    New Venture Opportunity Recognition Case Study

    … New Venture Opportunity Recognition

    New venture opportunities can always be risky because we cannot predict the future. However, we can always plan for new ventures as best we can in order to determine which ones are worthy of moving forward with and which ventures should not be pursued. Of the ten new ventures presented, two stand out as opportunities worth pursuing. Although neither may not appear to be one hundred percent ready to take off, with further development they are worth the recognition and investment.

    The two ventures chosen are Plunar, Inc. And USuggest, LLC. Plunar will be discussed first. This venture was chosen because it is proprietary. Cloud computing is still a fairly new concept and now is the prime time for companies to…. [read more]

    Business Essay

    … B2B Trends and Analysis

    Business-to-Business (B2B) Trends and Analysis

    Business-to-Business (B2B) trends that are making a significant impact in the UK and broader European market are the result of a higher level of accountability and focus on results driven by the global recession. As elusive as profitability has been for many enterprises, the trends included in this analysis have provided them with the ability to more effectively manage costs, risks and attain growth in new markets. These trends also point to the growing importance of technology as an enabler of greater trust between enterprises, their supply chains, distribution channels, and with their customers. The global recession served as the catalyst for significant change in UK and European enterprises. These trends are the positive results of…. [read more]

    Terminals, Ports, and Digitalization Essay

    … For these clients, inefficient processes due to lack of or inadequate digitalization may mean delays in cargo delivery, loss of cargo, and even loss of revenue, eventually resulting in customer dissatisfaction. If APMT is to enhance customer satisfaction, digitalization is an important priority. In essence, digital innovation is essential if the firm is to remain competitive.

    Cruz and Sarmento (2016) are worth quoting in full as their findings identify the nature of the problem and the possible solution at one and the same time (p. 18):

    Digitalization will allow for the large investments in infrastructures to be optimized and will lead to an increase in mobility and efficiency. This could be achieved by management providing real time information, or…. [read more]

    E-Banking on the Banking Industry Term Paper

    … ¶ … E-Banking on the Banking Industry

    To understand the relationship that can develop between the Internet and banks, one has to first understand the nature of both these items. The first to be understood is the banks. So far as banks are concerned, at the beginning of the twenty-first century, central banking which is the source of all banking activity would appear to be at a crossroads in their future. Earlier it was the lender of last resort, active participant in stabilizing economic fluctuations, and now the present main function is being the guardian of price stability. As it is still the monetary authority, much is expected from them. At one stage, fiscal policy was considered to be the main instrument of economic policy,…. [read more]

    Risk Minimization and Loss Prevention in Small Term Paper

    … Risk Minimization and Loss Prevention in Small Business in the Post-9/11 ERA

    Chapter 1, Introduction,

    Chapter 2, Literature Review,

    Chapter 3, Methodology,

    Chapter 4, Data Analysis,

    Chapter 5, Summary, Recommendations and Conclusions,

    Small businesses face the same risks, in many instances, as do major corporations. For instance, both small businesses and major corporations face turnover, competition, fluctuating market demands, a volatile economy, bad business decisions and many other risks associated with entering the market place with a particular product, whether it be goods or services,

    However, because of their size, small businesses are particularly vulnerable to certain types of losses and risks -- and also because of their smaller size and stature, the loss in revenue or profits is much more deeply felt in small…. [read more]

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