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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 ON ALL ARTICLES ON OUTSOURCING 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: [...] CLICK TO THE MAIN PAGE ON ALL ARTICLES ON OUTSOURCING 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 [...] |  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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