Cloud-Based Automated Information Systems in Modern Accounting: Advantages, Disadvantages, and Implementation Challenges

Abstract

This paper examines the key challenges in the development of automated accounting information systems (AISBU), systematizing and revealing the key advantages and disadvantages of modern AIS BU. Some ways to overcome existing problems and shortcomings of AIS BU are substantiated. The relevance of research into cloud-based digital information technologies, which are gaining momentum in the Russian IT space, is noted. The significant disadvantages, advantages, and challenges of implementing cloud technologies in business management, accounting, and financial reporting for enterprises and organizations are thoroughly examined and analyzed. It is emphasized that despite some concerns among cloud technology users, including insufficient security of confidential information, mistrust of internet providers, and other shortcomings, cloud technologies are incomparable in their advantages, particularly in terms of reducing the costs of creating and maintaining automated information systems, which is extremely important and attractive for small and medium-sized businesses. The analysis of cloud digital technology development trends reveals that many users face specific challenges, primarily non-systemic, local, and enterprise-specific, which hinder the transition to cloud accounting systems. This suggests that cloud accounting systems have a prospective future and will eventually replace traditional automated accounting information systems. The article also addresses the development of cloud technologies from 1C, noting that the widespread use of their accounting automation software, the availability of cloud options, their quick and seamless adaptability, and the low cost of transitioning to cloud technologies make 1C's cloud internet technologies unrivaled, particularly those aimed at small businesses.