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2018, vol. 20, iss. 2, pp. 17-33
Contemporary trends in outsourcing of accounting and financial services
Adriatic University, Faculty of Business Economics, Bar, Montenegro

emaili.tomasevic@bscbar.org
Keywords: accounting; accounting services outsourcing; transaction costs economics; resource based view; trends in accounting outsourcing
Abstract
Existing researches on business indicates that companies in order to survive on the modern market must: constantly develop their own capacities, make constant effort to reduce costs and to optimize the use of their own resources. Shortcomings in knowledge and skills, key competencies, and resources are highlighted as main causes of company decay. One way to overcome existing shortcomings is to get into the outsourcing process. Outsourcing can be applied to basic business functions, specialized business functions and business support functions. The subject of this paper is to present the factors that influence the outsourcing of accounting services as well as contemporary trends in the field of accounting and financial services outsourcing. The paper presents theoretical considerations on the topic, the specifics of the accounting services that are to be taken into account when making the decision about entering into outsourcing process, as well as the trends in the outsourcing business.
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article language: English
document type: Original Scientific Paper
DOI: 10.5937/EkoPog1802017T
published in SCIndeks: 18/02/2020