The objectives of this study are to understand the meaning of cloud accounting, to investigate whether it is favorable for performance of the organization and what are the challenges if a country like Bangladesh wants to implement it. Primary data have been collected from 300 respondents selected from the field of accounting, such as accountants, accounting graduates of different universities, teachers and bankers. To measure the reliability and validity of the sample size and data, KMO and Bartlett’s test have been adopted and the results proved to be reliable and valid for the study. Regression analysis has been done to find out the positive impact of cloud accounting on organizational performance and negative impact of cloud accounting on existing accounting system of the organization. The results of regression analysis supported our alternative hypotheses that cloud accounting can improve organizational performance, but it has also some negative impacts. Descriptive statistics have been used to find out the probable challenges that may be faced by organizations that want to implement it. This is a pioneering study because there is little research on this topic, thus it is expected to develop awareness about cloud accounting in field of accounting in Bangladesh.

Abstract
1. Introduction
2. Literature Review
3. Research Methodology
    3.1. Research Problem
    3.2. Research Objectives
    3.3. Sample and Method of Data Collection
    3.4. Development of Hypotheses
    3.5. Variables and Data Analysis Tools of the Study
4. Results and Discussion
    4.1. Reliability Statistics
    4.2. Demographic Profile
    4.3. Testing of Hypothesis 1
    4.4. Testing of Hypothesis 2
5. Conclusion
References

• Trina SAHA(First Author and Corresponding Author. Assistant Professor, Department of Business Administration (DBA), Noakhali Science and Technology University, Bangladesh) Corresponding Author
• Sumon Kumar DAS(Department of Business Administration (DBA), Noakhali Science and Technology University, Bangladesh.)
• Md. Moshiur RAHMAN(Department of Business Administration (DBA), Noakhali Science and Technology University, Bangladesh.)
• Fahimul Kader SIDDIQUE(Department of Accounting & Information Systems, Begum Rokeya University, Bangladesh.)
• Mohammad Gias UDDIN(Financial Accounting, Sanofi Bangladesh Limited, Bangladesh.)