The impact of the adoption of cloud computing on improving the efficiency of accounting information systems during the covid-19 pandemic: a field study on the service companies listed on the Palestine stock exchange

Abstract EN

This study mainly aimed to know the effect of using cloud computing on improving the efficiency of the performance of accounting information systems in the service companies listed on the Palestine Stock Exchange during the COVID-19 pandemic.

To achieve the objective of the study, the researchers adopted the descriptive analytical method, and the questionnaire tool to collect data from its sources, analyze it through the SPSS program, and extract the results.

The results of the study showed that cloud computing had an impact on improving the efficiency of accounting information systems, their safety and reliability in addition to achieving the desired benefits to keep pace with modernity in accounting information systems in the service companies listed on the Palestine Exchange.

That was evident through giving users the opportunity to access information and financial data easily and quickly via the Internet at any time and from anywhere.

It also helped the accountants, executives, stakeholders and the work teams to carry out their work, provide services and make decisions from their own homes during the period of the spread of the Corona pandemic, and thus maintained continuity of business.

Furthermore, it was evident that cloud computing was able to achieve data security and maintain financial and accounting performance, since everything was stored over the Internet, and therefore it could not be hacked or lost if the company was exposed to cases of thefts or disasters, as only authorized persons can access it through a specific fingerprint.

Moreover, through cloud computing, cost, effort and time in processing financial data were reduced through automatic feeding and updates.

The study also recommended the necessity of working on more use of cloud computing to enable permanent access to the Internet, which provides integrated electronic accounting services with minimal effort, and reduce the expected risks associated with the applications of accounting information systems.