Modeling Cloud Accounting Risk Reduction Strategies with a Structural-Interpretive Approach
Subject Areas : Technology Transfer and Commercialization of Researchessakineh tajari 1 , Ali Khozein 2 , majid ashrafi 3 , Jamadverdi Gorganli Davaji 4
1 - Ph.D. Student, Department of Accounting, Aliabad Katoul Branch, Islamic Azad University, Aliabad Katoul, Iran.
2 -
3 - Assistant Prof., Department of Accounting, Aliabad Katoul Branch, Islamic Azad University, Aliabad Katoul, Iran.
4 - Islamic Azad University, Aliabad Katoul, Iran.
Keywords: Cloud Computing, Cloud Accounting, Cloud Accounting Risks, Information Technology in Accounting, Structural-Interpretive Modeling.,
Abstract :
Cloud accounting not only introduces specific risks to the accounting process, but also some of the known risks associated with other cloud-based applications. Considering the great importance of risk reduction strategies in accepting cloud accounting, the aim of this study is to investigate the strategies for reducing cloud accounting risks in Iran using structural-interpretive modeling. the research methodology is a combination of qualitative and quantitative methods that are used to collect the components of strategies for reducing cloud accounting risks from a qualitative method by examining theoretical foundations and performing fuzzy Delphi analysis with the participation of 16 accounting faculty members as experts. In a small part, through the formation of its own structural interaction matrix, it seeks structural-interpretive modeling, which has been done in this part with the participation of 12 faculty members in the field of accounting. the results show that the most basic strategies to reduce cloud accounting risks are based on the prioritization of the acceptance plan. Also at the highest level and least effective strategies to reduce the risks of cloud accounting is to provide timely and adequate training for employees. the most important strategy is to reduce the risks of cloud accounting and should be considered more than other strategies. research findings can fill the research gap in the field of cloud accounting and be useful for managers in decision making.
1- اسماعیلی، هادی؛ رحمانی، شاهپور؛ کاظمی، احمد؛ علی احمدی، مصطفی. (1395). ارزیابی وضعیت یادگیری الکترونیکی واحد آموزش مجازی دانشگاه سیستان و بلوچستان. پژوهش¬های مدیریت عمومی، 9(34) :221-241.
2- برزگر خاندوزی، عابدین؛ گرکز، منصور؛ سعیدی، پرویز؛ معطوفی، علیرضا. (1399). شناسایی عوامل محیطی و انسانی موثر بر پذیرش حسابداری ابری به روش تحلیل عاملی اکتشافی و تاییدی. پژوهش¬های تجربی حسابداری، 10(2) :51-70.
3- برزگرخاندوزی، عابدین؛ گرکـز، منصور؛ سعیدی، پرویز؛ معطوفی، علیرضا. (1398). شناسایی عوامل اساسی موثر بر پذیرش و بکارگیری حسابداری ابری. حسابداری مدیریت، 12(42) :1-14.
4- لشکری¬پور، زینب؛ بلوچزهی، نیکمحمد. (1399). یک معماری هوشمند مبتنی بر رایانش ابری جهت ارزیابی سیستمهای آموزش الکترونیک. مجله علمی-پژوهشی رایانش نرم و فناوری اطلاعات، 9(2): 100-114.
5- ملکیان، نازنین؛ علیپور، رضا. (1391). نقش ارتباطات الکترونیک بر فرآيند ارتباطات سازمانی، مجله مطالعات رسانهای، 7(8) :112-101.
6- Alshamaila, Y., Papagiannidis, S., & Li, F. (2013). Cloud computing adoption by SMEs in the north east of England. Journal of Enterprise Information Management, 26(3): 250–275.
7- Armbrust, M., Fox, A., Griffith, R., Joseph, A. D., Katz, R., Konwinski, A., Lee, G., Patterson, D., Rabkin, A., Stoica, I., & Zaharia, M. (2010). A view of cloud computing. Communications of the ACM, 53(4): 50–58.
8- Aubert, B. A., & Rivard, S. (2016). A Commentary on “The role of transaction cost economics in information technology outsourcing research”. The Journal of Strategic Information Systems, 25(1): 64–67.
9- Bălţătescu, I. (2014). Cloud computing services: Benefits, risks and intellectual property issues. Global Economic Observer, 230: 230–242.
10- Becker, J. D., Bailey, E., & Proceedings, A. (2014). IT Controls and Governance in Cloud Computing. 1-20.
11- Bullock, S. (2017). Cloud accounting and big data uptake tipped to spike. Accountantsdaily. Retrieved January 6, 2020, from https://www.accountantsdaily.com.au/technology/10539- cloud-accounting-and-big-data-uptake-gathering-momentum
12- Choudhary, V., & Vithayathil, J. (2013). The impact of cloud computing: Should the IT department be organized as a cost center or a profit center?. Journal of Management Information Systems, 30(2): 67–100.
13- Christauskas, C., & Miseviciene, R. (2012). Cloud–computing based accounting for small to medium sized business. Engineering Economics, 23(1): 14–21.
14- Cleary, P., &Quinn, M. (2016). Intellectual capital and business performance. Journal of Intellectual Capital, 17(2): 255–278.
15- Corkern, S. M., Kimmel, S. B., & Morehead, B. (2015). Accountants need to be prepared for the big question: Should i move to the cloud? International Journal of Management & Information Systems, 19(1), 13. https://doi.org/10.19030/ijmis.v19i1.9085
16- Deshmukh, A. (2005). Digital accounting: The effects of the internet and ERP on accounting. Idea Group Publishing.
17- Dimitriu, O., & Matei, M. (2014a). A New Paradigm for accounting through cloud computing. Procedia Economics and Finance, 15: 840–846.
18- Dimitriu, O., & Matei, M. (2014b). The Expansion of accounting to the cloud. SEA-Practical Application of Science, 4: 237–240.
19- Dimitriu, O., & Matei, M. (2014c). Cloud accounting: A new player in the economic context [Paper presented]. 2014 International Conference Communication, Context, Interdisciplinarity. Retrieved August 23, 2015, from http://upm.ro/cci3/CCI-03/Eco/Eco%2003%2080.pdf
20- Dimitriu, O., &Matei, M. (2015). Cloud accounting: A New business model in a Challenging context. Procedia Economics and Finance, 32: 665–671.
21- Dutta, A., Peng, G. C. A., & Choudhary, A. (2013). Risks in enterprise cloud computing: The perspective of IT experts. Journal of Computer Information Systems, 53(4): 39–48.
22- Gartner Inc. (2013). Forecast: Public cloud services, Worldwide, 2011–2017, 4Q13 Update. https:// www.gartner.com/doc/2642020/forecast-public-cloud-services-worldwide
23- Gartner Inc. (2017). Forecast: Public Cloud Services, Worldwide, 2014-2020, 4Q16 Update. https:// www.gartner.com/document/3562817?ref=ddisp&refval=3562817
24- Gordon, L. A., & Loeb, M. P. (2002). The economics of information security investment. ACM Transactions on Information and System Security (TISSEC), 5(4): 438–457.
25- Haag, S., & Eckhardt, A. (2014). Organizational cloud service adoption: A scientometric and content-based literature analysis. Journal of Business Economics, 84(3): 407–440.
26- Hardy, G. (2006). Using IT governance and COBIT to deliver value with IT and respond to legal, regulatory and compliance challenges. Information Security Technical Report, 11(1): 55–61.
27- KPMG. (2015). Cyber security: Are Australian CEOs sleepwalking or a step ahead? https://home. kpmg.com/content/dam/kpmg/pdf/2016/01/cyber-security-2015-au-report.pdf
28- Lakew, E. B., Xu, L., Hernandez-Rodriguez, F., Elmroth, E., & Pahl, C. (2014). A synchronization mechanism for cloud accounting systems. In Cloud and Autonomic Computing (ICCAC), 2014 International Conference on (pp. 111–120). IEEE.
29- Lang, M., Wiesche, M., & Krcmar, H. (2018). Criteria for selecting cloud service providers: A delphi study of quality-of-service attributes. Information & Management, 55(6): 746–758.
30- Marston, S., Li, Z., Bandyopadhyay, S., Zhang, J., & Ghalsasi, A. (2011). Cloud computing: The business perspective. Decision Support Systems, 51(1): 176–189.
31- Masterman, M. (2016). PWC launches holistic cloud solution. Accountsdaily. https://www. accountantsdaily.com.au/technology/8913-pwc-launches-holistic-cloud-solution
32- Middleton, S. G. (2012). The economics fueling IT cloud computing. The Journal of Equipment Lease Financing (Online), 30(2), C1.
33- Mihai, G. (2015). Cloud ERP and cloud accounting software in Romania. Annals of Dunarea De Jos, University of Galati: Fascicle 1, Economics and Applied Informatics, 1: 61–66.
34- Moll, J., & Yigitbasioglu, O. (2019). The role of internet-related technologies in shaping the work of accountants: New directions for accounting research. The British Accounting Review, 51(6).
35- Pacurari, D., & Nechita, E. (2013). Some considerations on cloud accounting. Studies and Scientific Researches: Economic Edition, 18: 193–198.
36- Repschlaeger, J., Wind, S., Zarnekow, R., & Turowski, K. (2013, August 15–17). Decision model for selecting a cloud provider: A study of service model decision priorities. AMCIS 2013 Proceedings.
37- RightScale. (2018). Cloud computing trends: 2018: State of the cloud survey, Flexera. https://www. flexera.com/blog/cloud/2018/02/cloud-computing-trends-2018-state-of-the-cloud-survey/
38- RightScale. (2019). Cloud Computing Trends: 2018: State of the Cloud Survey, Flexera. https:// www.flexera.com/blog/cloud/2019/02/cloud-computing-trends-2019-state-of-the-cloud-survey/
39- Ruan, K. (2013). Cybercrime and cloud forensics: Applications for investigation processes. Information Science Reference.
40- Rui, G. (2007). Information systems innovation adoption among organizations-a match- based framework and empirical studies (Doctoral dissertation). National University of Singapore. https:// core.ac.uk/download/pdf/48629863.pdf
41- SathyaNarayanan, P. S. V. (2019). A sensor enabled secure vehicular communication for emergency message dissemination using cloud services. Digital Signal Processing, 85: 10-16.
42- Senarathna, I., Yeoh, W., Warren, M., & Salzman, S. (2016). Security and privacy concerns for Australian SMEs cloud adoption: Empirical Study of Metropolitan vs Regional SMEs. Australasian Journal of Information Systems, 20: 1–20.
43- Senyo, P. K., Addae, E., & Boateng, R., (2018). Cloud computing research: A review of research themes, frameworks, methods and future research directions. International Journal of Information Management, 38(1): 128–139.
44- Shkurti, R., and Muça, E. (2014). An analysis of cloud computing and its role in accounting industry in Albania. Journal of Information Systems & Operations Management, 1: 1–12.
45- Tornatzky, L. G., Fleischer, M., & Charkrabarti, A. K. (1991). Processes of technological innovation. Lexington, MA: Lexington Books Lexington Books.
46- Vecchiola, C., Pandey, S., & Buyya, R. (2009, December 1416). High-performance cloud computing: A view of scientific applications. In 2009 10th International Symposium on Pervasive Systems, Algorithms, and Networks (ISPAN).
47- Vithayathil, J. (2018). Will cloud computing make the information technology (IT) department obsolete?. Information Systems Journal, 28(4): 634–649.
48- Weir, G., Aßmuth, A., Whittington, M., & Duncan, B. (2017). Cloud accounting systems, the audit trail, forensics and the EU GDPR: How hard can it be? Paper presented at the British Accounting & Finance Association (BAFA) Annual Conference 2017.
49- Williams, M. I. (2010). A quick start guide to cloud computing: Moving your business into the cloud (1st ed.). Kogan Page.
50- Yau Yeung, D., Yigitbasioglu, O., & Green, P. (2020). Cloud accounting risks and mitigation strategies: Evidence from Australia. Accounting Forum, 44(4): 421-446.
51- Yigitbasioglu, O. M. (2015). External auditors’ perceptions of cloud computing adoption in Australia. International Journal of Accounting Information Systems, 18(3): 46–62.