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For those professionals like accountants,It experts and others who would like to pursue or establish outsourcing business,take note of the advice from Outsourcing Malaysia chairman David Wong According to David Wong: Our local outsourcing sector could be worth more than US$5 billion (RM17.55 billion) in 10 years if local firms can win bigger [...] The following articles are covered under this heading: Outsourcing-Introduction &The Advantages of Disadvantages and Key Factors to Consider Outsourcing The Accounting Function (Part1) Outsourcing The Internal Audit Function/Department (Part 2) Outsourcing- The Establishment of Controls Points When Outsourcing Part Or All Of The Finance Function ( Part 3) Outsourcing-Performance Metric To Be Established When [...] CLICK TO THE MAIN PAGE FOR ALL ARTICLES ON OUTSOURCING We normally associate IT outsourcing mainly to India in places like Bangalore. However,with the passage of time,higher labor costs and turnover rates made companies also look at elsewhere to get their outsourcing needs. A list compiled by management consulting firm neoIT on the new [...] CLICK TO THE MAIN PAGE FOR ALL ARTICLES ON OUTSOURCING Reported in the IBNlive.com ((Friday July 14,02:03 PM) The National Australian Bank (NAB) has said it plans to outsource 100 credit card processing jobs,with India being a possible destination. The decision to outsource is to bring in greater efficiency. A pilot programme of the [...] CLICK TO THE MAIN PAGE ON ALL ARTICLES ON OUTSOURCING In my earlier articles,I have mentioned many advantages of outsourcing. Reported in The Star pertaining to the outsourcing of CNI Holdings Bhd’s logistic section Points extracted are as follows: With the BPO in place,the company would be able to maximise efficiency and cost [...] |  FCCA,CA(MIA)with more than 26 years of post-qualifying working experiences. Previous working stints with one of the big accounting four,Regional GFC & Group Treasurer in a group of Malaysian and Group CFO in Singapore public listed concern.Also author to another very popular free educational accounting cum finance blog:http://basiccollegeaccounting.com under the branding of College Accounting Coach. | |||||
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