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Outsourcing Company Accounting

Author

Listed:
  • Mihalache D. Arsenie-Samoil

    () ("Alexandru Ioan Cuza" University of Iaºi, Doctoral School of Economics)

Abstract

Taking into account both the development of information and communication technology and the effects of the current recession on global economy, outsourcing company services has been booming all over the world as it is regarded as a way to meet the strategic goals of cutting costs, improving the satisfaction of the clients’ expectations, and of increasing company efficiency and effectiveness. The paper aims at presenting the current issues of outsourcing accounting professional services and IT support of the company accounting. We have analysed aspects referring to the concept of outsourcing, outsourcing management, and BPO (i.e., Business Process Outsourcing). The advantages, disadvantages, and risks of outsourcing have been pointed out. In addition, the process of outsourcing financial – accounting as well as IT&C services in support of company accounting have analysed.

Suggested Citation

  • Mihalache D. Arsenie-Samoil, 2011. "Outsourcing Company Accounting," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 788-793, May.
  • Handle: RePEc:ovi:oviste:v:xi:y:2011:i:9:p:788-793
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    More about this item

    Keywords

    Outsourcing; BPO; Cloud Computing; IT & C Infrastructure;

    JEL classification:

    • M4 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting
    • F3 - International Economics - - International Finance
    • H8 - Public Economics - - Miscellaneous Issues
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty
    • G1 - Financial Economics - - General Financial Markets
    • L8 - Industrial Organization - - Industry Studies: Services
    • C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling
    • C8 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs
    • D5 - Microeconomics - - General Equilibrium and Disequilibrium
    • L6 - Industrial Organization - - Industry Studies: Manufacturing

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