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Future of cloud accounting??

By emily3924 ·
Tags: Cloud
I have been working in an accounting firm and we have just started using cloud accounting. Though i am a certain that it is a wise move but i am really worried if this would prove to be as a good decision in future as well..any help???

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The future of cloud accounting is undoubtedly on the bright side

by Vipul0168 In reply to Future of cloud accountin ...

Hi Emily

I can understand your conundrum as I believe you have just started your journey in cloud accounting. It's a fact that adoption of cloud-based services has proven to yield efficiency in terms of workability, security, cost, etc and The future of accounting and accounting practices is predicted to become more and more technology based, rendering the conventional accounting practices obsolete.
You can refer to this really descriptive infographic that will help you understand better:
Hope it helps reduce your worries.
Thank you.

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by Arsen01 In reply to The future of cloud accou ...

Cloud computing is an information technology (IT) paradigm that enables ubiquitous access to shared pools of configurable system resources and higher-level services that can be rapidly provisioned with minimal management effort, often over the Internet. Cloud computing relies on sharing of resources to achieve coherence and economy of scale, similar to a utility.

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Future of Cloud Accounting?

by varuntomar551 In reply to Future of cloud accountin ...

Not just Cloud Accounting, But overall cloud computing is set to become one of the key technologies which humans use in their daily life. According to an article published by NetCom Learning, "47% of companies are using popular cloud deployments, including email, messaging, business applications, and data storage. It is predicted that the utilization of cloud services, applications, platforms, and infrastructures to enhance business performance and productivity will exceed 50% of all businesses worldwide in 2018". Therefore, without any second thoughts, you should go for a career in Cloud Accounting. You can try learning Intuit QuickBooks, it is one of the most widely used cloud accounting software available in the market today. You can also check out this article to learn about the scope in Cloud Computing:

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