What are the advantages and disadvantages of Outsourcing The Internal Audit Department of a Company. Give some KPA/KPI to measure the performance of the outsourced provider.

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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:

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April 30th,2006 | Tags:advantages,audit,company,department,disadvantages,internal,kpa,KPI,Outsourcing | Category:Financial Strategy,Outsourcing | One comment

What are the Reasons,Risks and Opportunities when Outsourcing The Accounting Function of a company ( Part 1)

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In my earlier article,I mentioned about some dinosaur functions in the Accounting &Bookkeeping 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 [...]

April 30th,2006 | Tags:accounting,bookkeeping,company,function,opportunities,Outsourcing,reasons,Risks | Category:Financial Strategy,Outsourcing | Leave a comment