Onwards and outwards

Article Abstract:

Companies are increasingly outsourcing their business processes to gain a competitive advantage. It is believed that management can concentrate on exploring strategic opportunities for the company if the responsibility for the organization's accounting, treasury, tax compliance and other back office functions is turned over to professional service providers, which can offer the necessary expertise and technology. A PricewaterhouseCoopers (PwC) survey of 300 Fortune 500 companies indicates how popular business process outsourcing (BPO) has become. The results show that 63% have already sourced out at least one business function, and that 84% of their directors were satisfied with the arrangement. The growing popularity of BPO has prompted several leading accounting firms to enter the business.

Management Consulting Services, Business & Mgmt Consulting, Services, Accounting firms, Accounting services, Business consultants, Management consultants, Consulting services, Outsourcing

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A good guy to have on your side

Article Abstract:

Differences in US and European accounting methods should be reconciled before global standards are set. Paul Volcker and Michael Oxley express different opinions on reporting requirements for stock options.

United States, World, Standards, Planning, Laws, regulations and rules, Political activity, Accounting, Stock options, International Accounting Standards Board, Speeches, lectures and essays, Volcker, Paul A., Oxley, Michael G.

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Risk and uncertainty

Article Abstract:

This article is about risk and uncertainty, the difference between them, and how people perceive either whether in transportation industry or the financial world.

United Kingdom, Personal Financial Mgmt, Other Financial Vehicles, Investors, not elsewhere classified, Investors NEC, Analysis, Evaluation, Personal finance, Accounting and auditing, Investment companies, Investors, Risk perception, Financial contingencies

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