This Information Paper examines the basics of the what, why, and how of cloud computing for accountants working in small- and medium-sized practices (SMPs). It addresses potential benefits and pitfalls (including regulatory issues) of cloud computing to help SMPs remain relevant for their clients, which are mainly small- and medium-sized entities (SMEs).

This is part of a series of papers to help SMPs to best support their SME clients which make up 99.8% of EU businesses.