Accounting Firms Moving Slowly Toward Cloud. 6

By: 4 0 16, [, ] | [, ] |
Contributor(s): Journal of Accountancy. 219(3) : march 2015. pp. 44 5 6 [] |
Language: Unknown language code Summary language: Unknown language code Original language: Unknown language code Series: ; 46Edition: Description: Content type: text Media type: unmediated Carrier type: volumeISBN: ISSN: 2Other title: 6 []Uniform titles: | | Related works: 1 40 Drew, Jeff. 6 []Subject(s): -- 2 -- 0 -- -- | -- 2 -- 0 -- 6 -- | 2 0 -- | -- -- 20 -- | | -- -- Accounting Firms;Accounting System. -- Technology Adoption -- Cloud Computing. -- | -- -- -- 20 -- --Genre/Form: -- 2 -- Additional physical formats: DDC classification: | LOC classification: | | 2Other classification:
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Abstract : The future of accounting software may be in the cloud, but the present remains in the server room -- at least for now. That's one of the pictures painted by the results of a new section of technology-related questions in the 2014 Management of an Accounting Practice (MAP) Survey from the AICPA Private Companies Practice Section and the Texas Society of CPAs. As evidenced by the MAP Survey, which found significantly more firms using software located on their computers than those accessing purely software-as-a-service offerings. Part of the reason for this is the dominance of large vendors and established software packages. While virtually all firms of all sizes use tax preparation and write-up/bookkeeping software, the usage rates for the other types of software surveyed trended upward with firm size. On the software side, between 33% and 42% of firms across the size spectrum replace or update their applications when a better alternative becomes available. 56

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