In brief – Make sure any cloud based service you use
complies with security and privacy requirements
If you are an accountant considering using a cloud based service
to store your client and business data, you should ensure that the
provider's service complies with your clients' requirements
regarding security measures, as well as with all legal
requirements, including those imposed by privacy laws.
Cloud-based accounting systems can increase efficiency
The collection of personal and other data from clients is a core
component of any accountant's business. Effective management of
collected data is key to producing on time, on budget results.
Data storage providers including Xero, MYOB, Google and
Microsoft offer cloud computing accounting and data management
services that offer their accountant customers a hosted environment
where their business data can be accessed by all relevant staff in
their business, from any location. These cloud services allow
