International Journal of Academic Accounting, Finance & Management Research (IJAAFMR)   Year: 2024 | Volume: 8 | Issue: 6 | Page No.: 96-103 The Role of Cloud-Based Accounting in Improving the Cost-Reduction Methods in Jordanian Industrial Companies: An Empirical Analysis Download PDF Hamza Mohammad Alqudah Abstract: This research aims to investigate how cloud-based accounting enhances cost-reduction methods in Jordanian-listed industrial companies. A total of 77 questionnaires, gathered from relevant managers in those companies, were investigated using "the Statistical Package for Social Sciences (SPSS)". The results showed that cloud-based accounting significantly improves cost-reduction methods in these companies. These findings are important for decision-makers and regulators, offering insights that could inform new regulations aimed at enhancing the adoption of cloud-based accounting in Jordan's industrial sector. This, in turn, could help industrial companies to be more competitive by refining cost-reduction methods. Considering the wide-ranging influence of cloud technology on contemporary business, it is crucial to comprehend how these innovations can improve the precision and advantages of cost-reduction methods and promote the development of innovative thinking in accounting. Additionally, it is crucial to explore the factors that drive the implementation of cloud technologies in creative accounting practices. Notably, this study is the first to examine the role of cloud-based accounting in improving cost-reduction methods within Jordan's industrial sector.