Author ORCID Identifier

https://orcid.org/0009-0004-4265-0893

Document Type

Thesis

Date of Award

2026

Degree Name

Master of Professional Accounting (MPAcc)

Department

Business

First Advisor

Nicholas E. Wilson

Abstract

Cloud computing has become a central component of firms’ information technology infrastructure, yet the accounting treatment and disclosure of cloud-related expenditures remain subject to managerial judgment under ASC 350-40. This thesis examines whether variation in cloud˗computing disclosures is associated with differences in firms’ information environments and reporting behavior. Using textual analysis of 10-K filings for U.S. public firms from 2004 to 2025, the study constructs measures of cloud-related disclosure volume, optimistic tone, and linguistic intensity. It examines their association with analyst forecast error, analyst forecast dispersion, financial statement comparability, and real earnings management. The results indicate that cloud disclosure characteristics are most strongly associated with analyst disagreement. Specifically, optimistic cloud-related language is associated with greater analyst forecast dispersion, whereas more decisive disclosure language is associated with lower analyst disagreement. In contrast, cloud-related disclosure measures exhibit weaker associations with analyst forecast error and financial statement comparability. Additional evidence indicates that greater cloud disclosure volume is associated with lower real earnings management, suggesting that more extensive disclosure may reflect a broader posture of reporting transparency. Overall, the findings suggest that how firms describe cloud-computing expenditures can meaningfully shape external users' interpretation of the economics underlying these investments.

Keywords

Not Given

Number of Pages

58

Publisher

University of South Dakota

Share

COinS
 
 

To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.