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Cloud Computing : Certified Public Accountant Firms

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Cloud Computing Certified Public Accountant firms are now considering cloud computing as an effective alternative to local networks (Du & Cong, 2010). Local networks are on-site servers with physical equipment that require continual maintenance and updating which can be time consuming and expensive. As the technology for cloud computing becomes more affordable and access becomes easier to understand, more and more users are gravitating to this way of business. Cloud storage is well known and accepted, however cloud computing is taking it just one step further, creating a virtual workspace. Cloud computing differs from just cloud data storage in that cloud computing provides not only storage but the ability for a company to also manage and process data in the cloud just as though they are working on their personal computer. As with all new technology, there are risks and rewards that need to be considered before companywide implementation. What is Cloud Computing? Cloud computing can be understood as a multifaceted infrastructure of hardware, software, storage and processing available to be used as a service. With the use of cloud computing, without even knowing how it works, one can access a large number of the most sophisticated supercomputers of the world and their respective processing powers without being overwhelmed with space or information. Cloud computing allows access to computer networks located at various places in the world and thus offers the speed of

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