Abstract

It is well known that firms nowadays operate in a VUCA (volatile, uncertain, complex and ambiguous) environment urging them to obtain a lasting competitive advantage sourced mainly from a technological innovation in order to ensure their prosperity and sustainability. New technologies play a pivotal role as they offer the potential of increasing efficiency, improving communication, streamlining business processes for more productivity and collaboration, from this perspective, cloud computing is a state-of-the-art technology that can provide valuable insights and support decision-making. It can have a significant impact on how businesses operate and compete in today’s fast paced and ever-changing business environment which makes it a source of competitive advantage, yet it raises concerns over data security and cybersecurity as well as it alters the day-to-day operational tasks arising from management control practices.

In this paper we briefly review the literature in order to address and examine the impact of cloud computing technology in the banking sector on management control.

References

1. Boutgayout B. & El Ghazali M. (2020). « Management control 3.0: New tools and decisionmaking in the era of digital transformation » International Journal of Digital Economy Volume, N2.
2. Mantouzi, S. Youssef, S (2021). « Transforamtion digitale de la fonction du contrôle de gestion : Proposition d’un modèle d’analyse. » Revue AME, Volume 3 : numéro 1, pp : 107-124.
3. Maoyong C. Yang Q. Chunxia J & Chenchen.Z. (2022). « Is cloud computing the digital solution to the future of banking? »
4. Moufakkir M. & Qmichchou M. (2020). « Innovation in the banking and financial industry: A literature review » International Journal of Digital Economy, Volume 2 : numéro 1.
5. Murah M. (2012) « Teaching and learning cloud computing » Procedia Social and behavioral sciences 59, pp : 157 – 163.
6. Murthy M. (2016). « Researching the intersection of accounting and information technology: a call for action. » Journal of information systems, Volume 30, pp : 159-167.
7. Pan G. & Seow C (2016). « Preparing accounting graduates for digital revolution: a critical review of information technology competencies and skills development. » Journal of education for business, Volume 91 : numéro 3, pp : 166-175.
8. Roblek V. Nenad P. Merab K. & Ineza G (2021). « The role of an innovation and digital transformation of organisations in VUCA world » Conference International Scientific and Practical Internet Conference.
9. Santhanam R. & Hartono R. (2003). « Issues in Linking Information Technology Capability to Firm Performance » MIS Quarterly, Volume 27 : numéro 1, pp : 125-153.
10. Scapens R. & Jazayeri M. (2003) « ERP systems and management accounting change : opportunities or impacts? A research note. » European Accounting Review, Volume 12 : numéro : 1, pp : 201-233.
11. Strauss E. Kristandl G. & Quinn M (2015). « The effects of cloud technology on management accounting and decision making ». Charted Institute of Management Accountants.
12. Vasarhelyi M. Kogan A. & Tuttle M. (2015). « Big Data in accounting: An overview. » Accounting Horizons, Volume : 2, pp : 381–396.
13. Warren J. Moffitt K, & Byrnes P. (2015). « How big data will change accounting. » Accounting horizons, Volume : 29, pp : 397-407.