Accounting in the era of Industrial Revolution 4.0: the shift from traditional to cloud-based practices

Traditional accounting practices have given way to more contemporary ones in the business world due to advancements brought by the Fourth Industrial Revolution (IR 4.0). The utilization of internet-based cloud computing to enhance e-accounting services is a key component of IR 4.0 (Zuria & Hartini, 2022). E- accounting applications enable users to access financial data anytime and from any location. As data consumption has increased, cloud computing has emerged, allowing people and businesses to use their resources without being constrained by storage capacity on mobile devices. Cloud computing offers various features to customers, including the ability to store data in the cloud and access it from anywhere (Dineswaran & Elankovan, 2024). Additionally, cloud computing offers a more affordable and predictable cost, thus can save business from investing in expensive hardware and IT infrastructure. (Mishra, 2024).