Below are some of the Cloud based systems and solutions used in the industry and the location of the provider and/or their data storage
Provider | Description | Location |
Xero | Cloud accounting system | USA + Australia |
Xero Practice Manager | Cloud practice management system | USA + Australia |
Xero Tax | Cloud tax return preparation system | USA + Australia |
BGL | Corporate + Super Fund software | Australia |
ChangeGPS | Accounting resources, advice + reports | USA + Australia |
Karbon | Workflow management | USA |
Seamless SMSF | Super Fund software | Australia |
Box and Dropbox | Document management | USA + Australia |
LightYear Docs | Legal document resources | Australia |
GoProposal | Engagement documents | UK |
Microsoft | OneDrive + Sharepoint + Teams | USA |
FuseSign | Digital signature solution | Australia |
Office 365 | Cloud email and calendar management | USA |
ATO | Australian Tax Office tax lodgement service | Australia |
In 2021 the Accounting Professional and Ethical Standards Board Limited (APESB) updated the APES 305 Terms of Engagement requiring professionals to include the details of all outsourced services and cloud computing in their engagement letters.