Open AccessA Study of Accounting Outsourcing Decision: The Case of Malaysian SMEs
Author(s) -
Gholamreza Zandi,
Thee Kok Chuan,
Shaheen Mansori
Publication year - 2019
Publication title -
international journal of financial research
Language(s) - English
Resource type - Journals
eISSN - 1923-4031
pISSN - 1923-4023
DOI - 10.5430/ijfr.v10n5p153
Subject(s) - outsourcing , business , exploratory research , knowledge process outsourcing , core competency , competence (human resources) , qualitative research , human resources , accounting information system , competitive advantage , small and medium sized enterprises , marketing , process (computing) , accounting , knowledge management , finance , economics , management , social science , sociology , anthropology , computer science , operating system
Nowadays the costs of doing business have been increased and become more competitive than before. Hence, many organizations have been thinking to outsource activities which are not the core competence of the organization such as finance and accounting, information technology, human resources, and any other back-office activities. This research provides an understanding of the factors influencing of the organization intends to outsource the finance and accounting activities decision for the Small and Medium Enterprises (SMEs) in Malaysia. The research uses a qualitative exploratory and explanatory method. The qualitative data collected via individual interviews with Malaysia Small and Medium Enterprises’ decision makers and a higher level of management group which comprises of individual or organizations. The results suggest that Malaysian SMEs would shorten their decision-making process to make a business process outsource if they can see the success story of other organizations.