REVOLUTIONISING FINANCIAL DATA MANAGEMENT: THE CONVERGENCE OF CLOUD SECURITY AND STRATEGIC ACCOUNTING IN BUSINESS SUSTAINABILITY
Md Mahfuzur Rahman Zihad Hasan Joy · GLOBAL MAINSTREAM JOURNAL · 2024
The acceleration of digital transformation in financial management necessitates an examination of the interplay between cloud security and strategic accounting, especially concerning business sustainability. This study conducts a qualitative analysis, employing semi-structured interviews and case studies, to explore the integration of cloud security measures with strategic accounting practices. The findings reveal a significant shift in organisational strategies, where cloud security is no longer seen merely as a defence mechanism but as a crucial enabler of sustainable business practices. Enhanced transparency and accountability stemming from secure cloud platforms are key to building stakeholder trust and meeting compliance. Despite persistent concerns over cyber threats, a growing trend towards adopting comprehensive cloud security strategies underpin strategic accounting efforts, highlighting a proactive stance in addressing potential risks. This study contributes to the literature by offering a nuanced understanding of how cloud security and strategic accounting coalesce to support sustainability, illustrating this integration's complexities and strategic imperatives.