CLOUD-BASED ACCOUNTING INFORMATION SYSTEMS AND FINANCIAL INFORMATION QUALITY: A REVIEW OF LITERATURE
CLOUD-BASED ACCOUNTING INFORMATION SYSTEMS AND FINANCIAL INFORMATION QUALITY: A REVIEW OF LITERATURE

Summary/Abstract: Accounting has become more user-friendly and convenient due to the steady transition from manual procedures to computerised alternatives. The practice of accounting has changed in the modern world as a result of technological advancements and ongoing development. Recent years have seen the development of new and more intelligent accounting techniques, cloud accounting being one of the most recent. This study examines Nigerian firm's financial information quality and the development of cloud-based accounting information systems; computerised accounting system, accounting software, cloud accounting and data storage, cloud accounting and data efficiency, cloud accounting and data minning. The study's findings indicated that cloud accounting greatly lessens the difficulties that accountants may encounter and encourages them to work more effectively, wisely, and conveniently. The study recommends that government should establish top-notch data centres, lower the price of data and accessories to encourage more businesses to adopt the new technology and to improve efficiency in financial and other accounting functional reporting, that organisations may be encouraged to increase their investments in automated accounting and provide their accounts personnel with effective training.

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