Executive Summary motomoto - Executive Summary This paper...

Info icon This preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Executive Summary This paper is based on a current research project which seeks to explore the relationships existing between finance and accounting service providers and their clients along with a matching of perceived attitudes and understandings relating to decision factors, benefits and impacts of the outsourcing decision by small business to service providers. This study will seek to satisfy three questions. What are the main factors involved in the outsourcing decision by small business owner/managers in PepsiCo , what are the perceived benefits of outsourcing the finance and accounting function by PepsiCo and what are the perceived impacts of finance and accounting outsourcing PepsiCo . In this study, a qualitative approach was incorporated into the research to determine the information requirements for understanding the perceptions, attitudes, feelings and motivations of SME owner/managers concerning Finance and Accounting Outsourcing. This study will not only identify the decision factors, benefits and impacts of finance and accounting outsourcing by small business, but also identify and understand the perceptions and attitudes of the finance and accounting service provider in relation to their small business clients. 1-Introduction Accounting and financial management knowledge and skills, involving information about the general accounting, generally accepted accounting principles as well as common tax principles, information about cost accounting along with finance methods like discounted cash flow. As management accountants works within the business, they require excellent grounding within the in economics as well as softer skills like communication and also presentation skills, writing, persuasion and interpersonal relations abilities. Financial accounting outsourcing is a widely used business practice for organizations that are in an effort to improve firm performance and add firm
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
value. Empirical studies show that Financial accounting outsourcing has very limited positive impact on firm performance. However, there is to date no research that has exclusively focused on financial accounting outsourcing impact on firm performance in the banking industry, which is one of the most technology-intensive industries. The research study aims to explore and identify the variables small business should consider when deciding to outsource their internal accounting functions. Research on small business behavior is used to improve their quality of service to the small business consumer. This research sets out to develop a theoretical framework to compare and contrast the perceptions of finance and accounting service providers and small business. Additionally, it examines the motives of small business when selecting an accounting service provider to perform the accounting function taking into account the decision factors, benefits and impacts of outsourcing their accounting activities.
Image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern