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To enable the company to measure the performance of the service provider of the accounting function, the Finance Coordinator who is in charge of the outsourcing needs to institute certain minimum control points.
The following control points should at least be established:
·  Timeframe on the audit of the […]

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There are advantages and disadvantages of outsourcing your company’s internal audit function.
Also, do you know how to measure the performance of the outsourced provider?
I have tabulated below the advantages and disadvantages and some measurements to assess the performance of the outsourced provider.
ADVANTAGES:

1
Skills
If the auditing firm that you […]

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In my earlier article, I mentioned about some dinosaur functions in the Accounting function. I further elaborated on share service centre and  outsourcing which can take away the livelihood of the accounting staff. This is because in a  big group of companies,  the Group CFO is constantly […]

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To build up a Balanced Scorecard, you need to find the necessary key performance indicators/KPIs. So where do you think you can get them?
I append below the following sources or references where you are able to obtain the necessary matrix measures for the […]

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Examples of Financial Measures

Total assets($)

Total assets/employee($)

Revenues/total assets(%)