The effecTs of cloud Technology on （云技术的影响）.pdf

Chartered Institute of Management Accountants Chartered Institute of Management Accountants The effecTs of cloud Technology on managemenT accounTing and decision making Research executive Volume 10 summary series Issue 6 KEY CONCLUSIONS • Cloud computing offers advantages for decision making • Cloud computing delivers cost savings and eases systems administration • The collaborative advantage of cloud technology is less than expected, or not yet realised by finance • The primary reason for not adopting cloud technology in finance processes is data security concerns 1 INTRODUCTION The advent of the internet brought technological change at a more rapid pace than previous, and in the past two decades, businesses and consumers have witnessed the advent of technologies such as social media, cloud computing and big data. Relatively young companies such as Google, Amazon and Facebook have taken such technologies deeply within their business models. advances in information technology have been noted as a key however, cloud computing does raise several potential concerns. force in changing management accounting (scapens et al, 2003; one key issue is that of data security in a public cloud. With dechow et al, 2007). managers and boards continuously see data potentially no longer in-house, a business may find it advances in technology offering potential business advantages, has less control over who can access key systems and data. but also rai