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Explain the applications of outsourcing in accounting

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Reference no: EM13303379

Outsourcing of Information Systems

Requirements:

1. Describe what outsourcing is and whyits importance is increasing. Refer to 2 refereed journal articles.

2. Explain the applications of outsourcing in accounting and their implications on the profitability and quality of information of a company.

3. Considering the outsourcing of information systems of a telephone company and a commercial bank in Australia, describe howoutsourcing can expose those companies to potentialrisks arising from information security and privacy issues.

4. Explain what preventive controls you would suggest to reduce the information security and privacy issues explained in 3) above.

Attachment:- outsourcing.docx

Reference no: EM13303379

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