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Potentials for Applying Cloud Technology in Accounting

Author

Listed:
  • Dordevic, Milica
  • Radovic, Ognjen
  • Bonic, Ljiljana

Abstract

Cloud technology, as an innovative way of data processing and storage, is one of the latest trends in the world of information technology. Adopting these technological solutions is one of the primary ways to ensure the efficiency of the accounting information system, so today the focus is more and more on cloud accounting, or, how it can often be heard, online accounting, web accounting, or virtual accounting system. The aim of this paper is to point to specific features of applying cloud technology in accounting – opportunities it provides, as well as risks arising from it. In addition, by presenting the benefits that cloud-based accounting brings to companies implementing this technology as well as users of financial information, the authors aim to encourage and stimulate companies in the Republic of Serbia to use the growing cloud services market and introduce this technology into their accounting information systems.

Suggested Citation

  • Dordevic, Milica & Radovic, Ognjen & Bonic, Ljiljana, 2018. "Potentials for Applying Cloud Technology in Accounting," Ekonomika, Journal for Economic Theory and Practice and Social Issues, Society of Economists Ekonomika, Nis, Serbia, vol. 64(3), September.
    • Handle: RePEc:ags:sereko:290276
    DOI: 10.22004/ag.econ.290276
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    Cited by:

    1. Dalinee Sastararuji & Danupol Hoonsopon & Pongsakorn Pitchayadol & Pimsiri Chiwamit, 2022. "Cloud accounting adoption in Thai SMEs amid the COVID-19 pandemic: an explanatory case study," Journal of Innovation and Entrepreneurship, Springer, vol. 11(1), pages 1-25, December.

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