The Impact of Cloud Computing on Achieving the Quality of Financial Reports. A Case Study of Egypt Bank

Abstract: This study aimed to determine the effect of using cloud computing on the quality of financial reports in the banking sector, specifically Banque Misr in Egypt. The focus was on examining the relationship between the characteristics of cloud computing and financial reporting quality. A quantitative approach was adopted using a questionnaire distributed to 96 employees of Banque Misr. The questionnaire measured perceptions regarding cloud computing characteristics and financial reporting quality. Statistical analysis included reliability analysis, correlation analysis, and hypothesis testing using regression. The findings showed cloud computing characteristics positively influence financial reporting quality, accounting for 49.7% of the variance. Specifically, measured service and broad network access had the strongest positive impacts. All cloud computing attributes were significantly correlated with a comparability of financial reports. The adoption of cloud computing improves the quality of financial reports in banks through enhanced automation, analytics, collaboration, security, and resilience. Cloud platforms enable more accurate, transparent, and timely financial reporting.