A Futuristic Approach towards Cloud Accounting

The main purpose of this study is to know perception and attitude of accounting professionals and practitioners about cloud accounting. To meet this objective a questionnaire is prepared in Google form and questions are framed to know that whether they wants to use cloud accounting in future or not along with reasons behind using or not using cloud accounting in future. The youngsters are the future of any nation and it is found from the study that they are enthusiastic and motivated to use this cloud accounting technology. The most preferable cloud accounting solutions is Quick Book and most of accounting professionals & practitioners are using it. The only thing which restricts use of cloud accounting is security and if the cloud accounting service providers ensure the high security of data than the adoption of cloud accounting will definitely increase in future among Chartered Accountants and all the other accounting professionals & practitioners.