Outsourcing

Institute of Chartered Accountants of Ireland

Price: USD 103

Duration: 4 Hours

Course details

Outsourcing can mean many things but the simplest explanation is that outsourcing is asking another company to do a job or perform a service that your company could do, but for some reason, chooses not to do. The main driver for outsourcing is normally cost; to decrease the cost of production of goods or decrease the cost of providing a service.
Outsourcing helps the learner discover the real benefits and problems of outsourcing, and helps them decide if it will work for them.

Outsourcing enables the learner to:

Understand what outsourcing is
Identify the problem outsourcing can cause
Consider the true benefits of outsourcing
Be aware of the ways in which they can monitor their outsourcing
Decide if outsourcing is right for them

Topics
Introduction

What is outsourcing?
What is normally outsourced?
Outsourcing in different industries

The benefits and problems

Financial costs and benefits of outsourcing
Indirect costs and benefits of outsourcing
The problems of outsourcing
Virtual companies

Controlling outsourcing

Outsourcing contracts
How to monitor your outsourcing partner
What to do if things go wrong

Practicalities

Contacting outsourcers
Choosing between different outsourcers
Establishing the SLA
Setting review dates
Internal monitoring of outsourcers

Will outsourcing work for us?

What can we outsource?
Why is outsourcing being considered?
What does your company do well?
Further analysis
What can be outsourced?
Summarising the detail
Are there cost savings to be obtained from outsourcing?
What will stop outsourcing?

Updated on 08 November, 2015

About Institute of Chartered Accountants of Ireland

Chartered Accountants Ireland (The Institute) is a membership body representing 23,000 influential members throughout the globe. their role is to educate, represent and support their members. their members work in senior positions in practice and industry. they are committed to restoring confidence at every level of the economy. they work with governments and businesses to raise awareness of the importance of sound financial advice.

Chartered Accountants Ireland was established as the Institute of Chartered Accountants in Ireland by Royal Charter in 1888. Its activities and those of its members are governed by its Bye-Laws and by Rules relating to professional and ethical conduct. These provisions are contained in the Handbook which is available to all members.

Chartered Accountants Ireland is governed by a Council and it is responsible for determining policy and monitoring its implementation. Council is lead by the Officer Group and supported by the Management Team and staff. A number of committees with voluntary member involvement also play a key role.

See all Institute of Chartered Accountants of Ireland courses

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