Online accounting systems
The present study examines the relevance of the SysTrust principles in the context
of online accounting systems. An online accounting system is a web-based application
aimed at the small and middle-sized businesses. Providers of this service include Oracle
Small Business Suites, Peachtree, Inc. and Intacct.com.
To use an online accounting system, a business only pays the monthly subscription
fees to the online accounting service provider. The authorized users, including the
business owner and employees, can go to the web site of the online accounting service
provider, log into the system, and process accounting transactions just as they would
use an off-line system.