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KARNATAKA STATE OPEN UNIVERSITY
MUKTHA GANGOTHRI, MYSORE -570 006
DEPARTMENT OF STUDIES AND RESEARCH IN MANAGEMENT
MBA I-SEMESTER SEMINAR TOPICS – 2021
PREPARE SEMINAR PAPER ON ANY ONE OF THE TOPIC PER COURSE
C-03 ACCOUNTING FOR MANAGERS
1. Accounting Education in Virtual Environment – Opportunities and Challenges.
OR
2. important of Cloud Accounting for accountants
2. important of Cloud Accounting for accountants
Answer:
Introduction
Cloud accounting software is similar to traditional accounting software on-site or self-installed, with only the accounting software hosted on remote servers, similar to the business model of SaaS (Software as a Service). The information is sent to the “cloud,” where it is processed and returned to the user.
All application functions are carried out off-site, not on the desktop of the user. In cloud computing, through a cloud application service provider, users access software applications remotely via the Internet or another network.
Using cloud accounting software frees the company from having to instal software on individual desktop computers and maintain it.
Cloud accounting solutions also allow employees to access the same data and the same version of the software in other departments, remote or branch offices.
In the world of accounting professionals, cloud computing continues to be an intriguing subject. The primary reason behind its popularity is the ease of scalability and ease of system access that it offers around the world
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