Accounting outsourcing as an innovative instrument for achieving economic benefits

Abstract

The paper considers outsourcing of bookkeeping. Definition of outsourcing is stated and directions of classification are analyzed. The place of accounting outsourcing among other types of outsourcing, its main advantages and disadvantages, stages are outlined. The criteria for choosing an outsourcer in appropriate market taking into account the quality and efficiency have been justified. The enterprise-consumer of outsourcing services is offered to be guided by quantitative method of estimation such as calculating of the economic effect, which consists in saving costs when accounting is performed by outsourcer in comparison with keeping records by state of accountants. Algorithm for selecting a future accounting outsourcing partner including qualitative methods for evaluating the service efficiency has been proposed.

Authors and Affiliations

Tetiana Davydiuk, Yuliia Lehotska

Keywords

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  • EP ID EP564871
  • DOI 10.5281/zenodo.1303983
  • Views 129
  • Downloads 0

How To Cite

Tetiana Davydiuk, Yuliia Lehotska (2018). Accounting outsourcing as an innovative instrument for achieving economic benefits. Економічний журнал Одеського політехнічного університету, 1(3), 11-18. https://europub.co.uk/articles/-A-564871