Lecture 8- Cloud computing in accounting

Cloud computing- The provision of resources as a through the or similar

One feature of cloud computing is . This involves users of cloud computing services computing as needed, typically

Another feature of cloud computing is . This involves being available over a & accessed through

Third feature of cloud computing is . This involves computing resources being to with different needs. There is also location independence

Fourth feature of cloud computing is . This involves services being & according to

Fifth feature of cloud computing is . This involves cloud systems & resource use by leveraging a metering capability at some level appropriate to the type of

One common cloud computing model is . This refers to a where a uses software by the cloud service

Another common cloud computing model is . This refers to a offering to the where the customer the underlying infrastructure or operating system

Third common cloud computing model is . This refers to a cloud-based services where the offers , , &

Public cloud- Cloud infrastructure for use by of the

Private cloud- Cloud infrastructure which is used by a

One advantage of cloud computing is to . As costs are & availability is , start-up businesses can provide products & services much

Another advantage of cloud computing is , . There are no upfront for or other

Drawback of cloud computing is . of data is lower over public internet infrastructure than over private business networks. Also, there is of data protection regulation from country to country

Another drawback of cloud computing is . Cloud computing is relatively new so of cloud services need to to manage their cloud resources, including

One advantage of cloud computing for small businesses is . Only an is required to cloud accounting

Another advantage of cloud computing for small businesses is . External accountants can the of a business through , and therefore accountants can with small business in a more way