Factors Influencing The Application Of Cloud Accounting In Public Sector

Abstract

Conventionally, the everyday tasks performed by accountants are stored in the server or individual machines. Nevertheless, this method of storing information is not virtually and economically viable IT solution for the future due to the information stored is not centralized and cannot be accessed from anywhere or anytime. Hence, the development of cloud accounting brings a new evolution in the public sector accounting profession where the software and information can be assessed from anywhere through the internet-based cloud application. This study intends to investigate the factors influencing the cloud accounting application in public sector from the perspectives of people, process, and technological risk. Cloud accounting revolutionizes the process of storing and processing of data on a shared platform, allowing flexible access to data and collaborative decision making by the accountants. As such, application of cloud technology plays a vital role in the storing of information, work process of an accountant and the analysis conducted by the accounting profession. This study has been conducted by reviewing several recent journals related to cloud accounting application to obtain in-depth understanding and examination on the factors in the application of cloud accounting. The expected output from this review is to be able to increase understanding on the application of cloud accounting among civil servants in public sector. This study will be able to portray the benefits and opportunity in public sector accounting on the application of cloud accounting and it can better comprehend the related parties including the industry players, policymakers, government agencies and researchers in the field.