REFLECTION OF CLOUD COMPUTING ON IMPROVING FINANCIAL ACCOUNTING SYSTEM: AN ANALYTICAL STUDY OF OPINIONS OF A SAMPLE OF EMPLOYEES IN COMMERCIAL BANKS

Authors

  • Yas Khudhair Abbas AL -Furat AL -Awsat Technical University, Technical Institute of Dewaniya, Iraq

Keywords:

cloud computing, financial accounting system, commercial banks

Abstract

The current research aims to reveal the reflection of cloud computing on improving the financial accounting system among a sample of workers in commercial banks, and the study adopted the management of the questionnaire in order to measure the level of availability of its variables, and on this basis the study relied on the statistical package of the program (SPSS.V.28) in order to extract the results using the arithmetic mean, standard deviation, correlation coefficient, and impact factor, and therefore the study has reached a set of results stated in Cloud computing can help improve the financial accounting system of commercial banks, as cloud computing provides a common, scalable and rapidly adaptable information infrastructure, which can lead to improved efficiency and effectiveness in managing banking operations and improving financial performance. Commercial banks can use cloud computing services to solve large data storage and processing problems, This allows them to analyze data faster and more accurately, improve risk management and address fraud and financial fraud, and the study also made a set of recommendations, the most important of which It is also important to emphasize that cloud computing allows commercial banks to reduce costs and large investments in IT infrastructure, as commercial banks can rely on the existing cloud infrastructure to meet their technological needs..

References

Abdali, Ali. (2016). Evaluating financial performance using the globally approved financial accounting system. Journal of Financial Management and Accounting, No. 7.

Abdul Qadir, Farouk. "Cloud computing and its role in the development of Islamic banks". Al-Bayan Economic Magazine, Issue 201, December 2018.

Abdullah, Salman Hussein and Jassim, Roaa Ahmed, (2017), Information and communication technology and its impact on changing the financial reporting system in a sample in Iraqi banks, Journal of Economic and Administrative Sciences, Issue 100, Volume 23, pp. 553-566.

Abu Naji, Mahmoud, and Sayed Tohamy, El-Meligy, Hosnia, Abdel Karim Saad, (2019), A training program based on cloud computing applications and its effectiveness in developing electronic content skills, Journal of the Faculty of Education, Assiut University, 135(11), pp. 677-700.

Ahmed, M., & Muzammil. (2022). Cloud computing as a modified variable in the relationship between the quality of accounting information and the quality of health services. Accounting Thought, 26(4), 165-208.

Al-, Enas, 2013, The possibility of using cloud computing technology in electronic circulation at Qassim University, The Third International Conference on Electronic Circulation and Remote Circulation, Issue 22, Riyadh-Saudi Arabia.

Al-Abdullah , Abdulrahman. (2019). The role of the financial accounting system in achieving financial transparency and good governance. Journal of Administration and Economics, No. 53.

Al-Arrayed, Muhammad. "Cloud computing and its role in the development of the banking services sector". Arab Bank and Investor Magazine, Issue 195, June 2016.

Al-Ghamdi , Abdullah. (2018). Assessing the quality of the financial accounting system in small and medium enterprises. Journal of Economic and Administrative Sciences, No. 21.

Al-Ghamdi , Muhammad, and Mohammed Al-Otaibi. "The Role of Cloud Computing in the Development of Electronic Banking Services". Journal of Economic Sciences, Volume 26, Issue 1, 2019.

Al-Hamid , Abdul Rahman. "Cloud Computing in Banking Supervision". Journal of Accounting and Auditing, Issue 42, January 2021.

Al-Harbi, F. A., & Khan, S. (2020). Cloud computing and its impact on financial accounting: A literature review. Journal of Accounting, Finance and Auditing Studies, 6(1), 1-16.

Al-Khader, Ashwaq Khader Saeed, 2015, The effect of using self-learning on one of the cloud computing applications in the achievement of chemistry among secondary school students, Master Thesis, College of Education, Al-Baha University, Saudi Arabia.

Al-Khafaji , Alia, and Abdullah Al-Hamdan. "Using Cloud Computing to Improve Electronic Banking Services". Journal of Science and Technology, Vol. 37, No. 3, 2019.

Al-Mannai , Fatima. (2020). The financial accounting system and its role in business development. Journal of Economic and Administrative Sciences, No. 25.

Al-Otaibi , Abdulaziz. (2018). The financial accounting system and its impact on financing decision-making in institutions. Journal of Management and Development, No. 12.

Al-Salmi , Alaa Abdul Razzaq, (2016), Cloud Computing. I.1. Cairo, Arab Administrative Development Organization.

Alshammari, F., & Almohammad, S. (2019). The impact of cloud computing on accounting information systems: An exploratory study. International Journal of Business Information Systems, 32(3), 279-300.

Al-Shawabkeh, A. M., Kadir, M. R. B. A., NORI, W., & Hassan, H.B. (2022). The Moderating Effect of the Cloud Computing on the Relationship between Accounting Information Systems on the Firms' Performance in Jordan. WSEAS Transactions on Business and Economics, 19, 1155-1169.

Goyal, S., & Saini, V. (2020). Cloud computing and its impact on accounting information system. International Journal of Emerging Technology and Advanced Engineering, 10(4), 284-291.

Haimes, Y. (2018). Modeling and Managing Interdependent Complex Systems of Systems.John Wiley & Sons, USA.

Halalu, Eslam Esamand et al,(2022), Cloud Computing and Its Relationship to The Quality of Administrative Decisions Among Administrative Leaders in The Palestinian Ministry of Health in The Southern Governorates, Volume (6), Issue (26), P: 36 – 62.

HOPP, William. (2016). Financial Accounting. Dar Al Fikr.

Rana, S., & Yadav, S. (2021). Cloud computing and its impact on financial accounting: A review. Journal of Accounting and Financial Management, 7(2), 28-34.

Salman, Mohamed El-Sayed , 2016, The effectiveness of a training program based on cloud computing applications in developing mobile learning skills for computer teachers, Master Thesis, Mansoura University, Egypt.

Soltani, A., & Abolghasemi, M. (2020). The impact of cloud computing on financial accounting: A systematic review. Journal of Management and Accounting Studies, 3(2), 1-12.

Turki, Muhammad al-Amin , Oqab, Ayoub, Ben Qana, Fathi, & Rizka. (2022). The role of the accounting environment in improving the performance of the financial accounting system.

Downloads

Published

2024-01-30

How to Cite

Yas Khudhair Abbas. (2024). REFLECTION OF CLOUD COMPUTING ON IMPROVING FINANCIAL ACCOUNTING SYSTEM: AN ANALYTICAL STUDY OF OPINIONS OF A SAMPLE OF EMPLOYEES IN COMMERCIAL BANKS. World Economics and Finance Bulletin, 30, 162-169. Retrieved from https://scholarexpress.net/index.php/wefb/article/view/3722

Issue

Section

Articles