ACCA Advanced Audit and Assurance (AAA) Outsourced Accounting Functions
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Outsourcer is the same as the service company right?
In the advantages to Outsourcing finance and A/C (point 3), the tutor in the lecture said that it will allow the “outsourcer” to focus on his core business activities, instead he should have said that it will allow the “Client” to focus on his core business activities. Am i right?
Both the company that outsources services and the company that provides services rather confusingly may be called outsourcer https://www.merriam-webster.com/dictionary/outsourcer. I personally would use the term outsourcer to be the one that uses the service provider – i.e. the outsourcer (who is the client of the service provider) can then focus on its core business activities. Ken is correct in the lecture and you are right in having interpreted this as the client.