Cloud Computing

Cloud Computing 

With the increasing trend for companies to outsource (such as certain accounting or IT functions), cloud computing has increasingly become a solution for organizations.  It’s an innovative and increasingly popular model of software deployment that offers enterprise-class software function without traditional up-front infrastructure costs or the unpredictable support and maintenance costs of on-site software and hardware.

From infrastructure to security to personal productivity to workflow, CRM, accounting and ERP, there are today mature, cloud-based applications available in nearly every segment of the software marketplace.

The typical types of cloud computing methods include:

  • Software as a Service (SaaS)
  • Platform as a Service (PaaS)
  • Infrastructure as a Service (IaaS)

Visit the AICPA TV channel for webcast archives on Cloud Computing.


Stack of file folders of cloud computing referencesThe NIST Definition of Cloud Computing
The NIST definition in SP 800-145,The NIST Definition of Cloud Computing, characterizes important aspects of cloud computing and is intended to serve as a means for broad comparisons of cloud services and deployment strategies, and to provide a baseline for discussion from what is cloud computing to how to best use cloud computing.

Guidelines on Security and Privacy in Public Cloud Computing
NIST SP 800-144, Guidelines on Security and Privacy in Public Cloud Computing provides an overview of the security and privacy challenges pertinent to public cloud computing and points put considerations organizations should take when outsourcing data, applications, and infrastructure to a public cloud environment.

The Growing Importance of Relevant Cloud Service Provider Assurance
A new IBM survey reveals 75 percent of companies will start building some sort of cloud structure in the next two years. Here's why your company should explore this option.

Warning: Cloud Could Bring Storm
Storage of data is moving to the cloud. Make sure you know the risks and how to avoid them before lightning strikes.

Heads in the cloud: Part 1 and Heads in the cloud: Part 2
To help CPAs better understand cloud computing, the JofA invited five CPAs to share their cloud experiences in a roundtable discussion.


Books for other cloud computing referencesLeverage Advanced Technologies, Achieve Business Goals – An interview with McGladrey
The irreversible trends in global business and telecommuting have created a need for reliable and effective virtual communication (both internal and external) for all businesses. Panelists will discuss use of technology to facilitate collaboration, including remote computing as well as the use of mobile devices and video. Panelists will share best practices within their own companies, including the implementation of controls.

Managing Controls, Risk in the Cloud
Audrey Katcher, CPA/CITP, a partner in the St. Louis office of accounting firm RubinBrown, emphasizes the importance of controls testing and contracts with cloud providers that establish clearly who has the rights to, and the responsibility for, the information being stored or processed in the cloud.

The Cloud: Security and Opportunities
Donny Shimamoto, CPA/CITP, managing director of IntrapriseTechKnowlogies, examines risks and rewards of cloud computing and explains how business concerns should play the key role in deciding whether to move services to the cloud.

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