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Discuss data security in cloud accounting, what are the major concerns and how to address those concerns.

Discuss data security in cloud accounting, what are the major concerns and how to address those concerns.

First, to understand cloud accounting, read the article “Why cloud accounting is good for business”. Then to learn more about data security for cloud accounting read the article ” Data Security for Cloud Accounting is No Longer a “Nice to Have””. Links to both are provided below:

Why cloud accounting is good for business (Xero.com), link: https://www.xero.com/us/resources/small-business-guides/cloud-accounting/cloud-accounting-business/ (Links to an external site.)

Data Security for Cloud Accounting is No Longer a “Nice to Have” (Accountingweb.com), link: https://www.accountingweb.com/technology/trends/data-security-for-cloud-accounting-is-no-longer-a-nice-to-have (Links to an external site.)

Write a brief essay on Cloud Accounting, Data Security, Backup and Recovery. Include the following points:

  1. Summarizing in your own words what cloud accounting is and what are the risks of cloud accounting. (10 points)
  2. Discuss data security in cloud accounting, what are the major concerns and how to address those concerns. (10 points)
  3. Explain backup and recovery procedures and how to achieve those in cloud accounting. (10 points)
  4. As an accountant, how would you incorporate data security, backup and recovery into your daily work and at the end of each month. (20 points)

Your essay should be at least 350 words and written using good grammar. Write your essay in Microsoft word and submit the essay by attaching to this assignment.

Rubric

Cloud Accounting and Data Security

Cloud Accounting and Data Security
CriteriaRatingsPts
This criterion is linked to a Learning OutcomeSummarizing in your own words what cloud accounting is and what are the risks of cloud accounting.
10 pts

Full Marks

0 pts

No Marks

10 pts
This criterion is linked to a Learning OutcomeDiscuss data security in cloud accounting, what are the major concerns and how to address those concerns.
10 pts

Full Marks

0 pts

No Marks

10 pts
This criterion is linked to a Learning OutcomeExplain backup and recovery procedures and how to achieve those in cloud accounting.
10 pts

Full Marks

0 pts

No Marks

10 pts
This criterion is linked to a Learning OutcomeAs an accountant, how would you incorporate data security, backup and recovery into your daily work and at the end of each month.
20 pts

Full Marks

0 pts

No Marks

20 pts
Total Points: 50

 

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