Monday 16 January 2012

Part I - Define Accountant's Cloud

By Rick Sturms


Accounting Professionals are bombarded in literature, emails, conferences and by consultants to "get in the Cloud." They think they know what it means and they know there are some benefits to the technology, but have a hard time grasping exactly how it can benefit their firm, and more importantly - their clients. These businesses try to be the best in what they offer in technology and security, while keeping costs down. This puzzle raises a lot of questions, and we will address them, but first we'll address the primary question, what it Cloud Computing?

The internet metaphor known as cloud refers to when the "Cloud" is combined with Computing to become a virtualized IT infrastructure able to host your services and software. One of the great benefits of Cloud Computing is that users don't need the knowledge of, expertise in, or control over the technology infrastructure that supports them.

IT is being transformed to a utility based service rather than a traditional client-server infrastructure. The extensive solutions and available resources provided by Cloud Computing are invaluable to small and medium sized businesses. Cloud Computing has made the IT to be on demand by enabling common business applications online that gets connected through Internet where in the servers at a remote data center keep the software and data.

It needs to be noted that although Cloud Computing is utilized by businesses from all industries and sized, this particular research will pertain to specialized Cloud for Accounting professionals. An account infact is the bridge between a business owner and his IT needs and not just somebody who takes care of the owners tax liabilities and manages the books This issue demands the Accountant provide special attention to providing adequate technology solutions. As the Accountant puts their reputation on the line by recommending services, they need to ensure their clients interact with seasoned IT specialists.

A cloud acts replaces the need for an in-house server and gives access to the product needed anywhere, anytime which is why a cloud finds preference with businesses Their Cloud hosts their data, applications and internal users. The Cloud for Accoutants is slightly different as it hosts their clients as well. They are expected to perform the way they would if they had to do it for themselves. This includes the presentation of what the Cloud looks like, the speed, security, ease of use and of course performance. The danger of hosting the clients data on the same cloud as the accountants is that if the cloud goes down, so does the clients data This could be disastrous for the client as well as the Accounting firm and makes the decision of which Cloud Computing provider to use, an even more delicate choice.



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