Cloud Accounting – A Technology that may Change the Accounting Profession in Romania

Author:Univ. Prof. Bogdan Ștefan IONESCU, Ph. D.; Cristina PRICHICI, Ph. D. Student; Laura TUDORAN, Ph. D. Student

JEL:M15, M41, O14

DOI:

Keywords:cloud accounting, accounting process, costs

Abstract:
In the last years substantial progress has been made in the field of Cloud computing, but at the same time, the expectations regarding its features increased. In the business world, the transfer of accounting systems into the Cloud is a new and innovative solution that can help save significant funds. The purpose of the article is to analyze the technological progress in finance and its impact on accounting activities. The research was done using systematic and comparable analysis from the scholarly literature regarding the Cloud solutions for accounting systems used within Romanian companies.\r\n\r\n\r\n