The usefulness of cloud computing in improving the value of accounting information in financial statements (In case of company registration in the Tehran Stock Exchange)

Abstract

Cloud accounting will be a new organizational model where IT and IT-support firms will provide the accounting services online in the form of software applications on the Internet that can access specific applications without the specific infrastructure, operating systems and partial licenses, in exchange as online service providers. Due to the development of technology and growth of the significance of cloud accounting, in this research, the researcher seeks to conduct a study to examine the benefits of cloud accounting in Iran through the interpretive structural modeling. The qualitative and quantitative approaches are combined in the research methodology. The qualitative stage has been carried out by determining the elements of cloud accounting benefits based on examining the theoretical underpinnings and a fuzzy Delphi analysis where 16 accounting faculty members served as experts. During the quantitative stage, a structural self-interaction model was constructed based on a structural self-interaction matrix, and 12 accounting faculty members were involved. The findings show that the key benefits of cloud accounting, in terms of their prioritization, are the reduction of costs and remote access, though the benefits of the most significant but least significant level are the improved security.