To smooth the transition to the cloud, consider the finance and accounting implications Whenever a new technology such as the cloud emerges, companies and department managers sometimes rush to adopt it without fully understanding all of the ways it can affect the organization. In moving to the cloud, companies shouldn’t overlook the finance and accounting implications, which influence efforts from risk management and security to regulatory compliance. Companies can reap the full benefits of an enterprisewide cloud deployment by taking the necessary time and resources to understand the impact of cloud solutions, conduct due diligence on providers, and develop a framework to review security, compliance, and internal processes on a regular basis. Contact Kevin Surovcik Managing Director Business Advisory Services Grant Thornton LLP T +1 215 814 4040 E kevin.surovcik@us.gt.com grantthornton.com/silverlining Content in this publication is not intended to answer specific questions or suggest suitability of action in a particular case. For additional information about the issues discussed, consult a Grant Thornton LLP client service partner or another qualified professional. Connect with us grantthornton.com @grantthorntonus linkd.in/grantthorntonus “Grant Thornton” refers to Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd (GTIL).

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