The use of cloud technologies as a tool in management accounting for farming operations

Abstract

This article focuses on the use of cloud technologies for management accounting in agricultural enterprises. It examines the definition of "cloud technologies," which enable the remote processing and storage of data for management decision-making. It also addresses the need to adapt modern accounting software to the requirements of the digital economy and to establish new standards for data processing, storage, and analysis. The implementation of cloud solutions will allow farmer-entrepreneurs to increase flexibility and transparency, which are essential for management. It is determined that "cloud" technologies are divided into several main categories based on service delivery types. A number of challenges and advantages regarding the use of cloud computing are identified. For businesses, cloud solutions serve as a powerful tool for effective management and decision-making. They increase access to information, analyze costs, improve security and transparency, and reduce operating expenses. Introduction. The impact of the digital economy on the accounting system is leading to new standards for data processing and analysis. All of this affects the regulatory framework and the information and accounting infrastructure of business entities. Therefore, cloud technologies are increasingly being used to quickly obtain and analyze information about business operations. This enables the use of platforms, services, and various software products that facilitate the collection, storage, and processing of information in real time. The application of such technologies in enterprises allows for increased flexibility, efficiency, and transparency in financial flows. Objective. The objective of this study is to provide a theoretical justification for cloud technologies and their implementation within Ukraine's regulatory and legislative framework in the context of the digital economy as applied by agricultural enterprises. To assess the potential of cloud solutions for improving the efficiency of accounting processes and management accounting. To identify the main challenges in implementing cloud technologies for farms and the prospects for their use by enterprises. Method (methodology). The study employed methods of theoretical generalization, grouping, and comparison, as well as normative analysis. To identify the challenges and benefits of using cloud technologies, the following methods were used: analysis, synthesis, and modeling. Results. This article examines the use of cloud technologies by agricultural enterprises. It reviews the regulatory and legal acts that promote the use of cloud technologies for business in general. It demonstrates that cloud technologies influence the system and organization of financial and management accounting. It is found that cloud computing accelerates the process of obtaining accounting information, but at the same time has both advantages and risks. Recommendations are proposed for improving users' methodological approaches to cloud technologies for the management accounting mechanism.