Compliance burden holding back outsourcing, says report

Posted by AccountingWEB PM | on Wed, 04/04/2007 - 10:40  2847  1 comment

Only 7% of companies currently outsource their finance and accounting functions because of the burden of compliance and regulatory issues, a report has claimed. Matt Henkes reports.

Over two thirds of chief financial officers surveyed said that increased regulation and emphasis on governance was the main obstacle to outsourcing, business and IT consultant LogicaCMG (LCMG) found.

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listerramjet's picture

I guess you have to remember

listerramjet | Wed, 11/04/2007 - 16:24 | Permalink

you can outsource the work, but not the responsibility.

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