11-16-2004, 08:13 PM
DEAR IDREES
i think back office accounting term refers to the SERVICE ORGANIZATIONS that means if a company has no any specialized staff in preparing financial statments,budgets,complex transactions, and so on then company outsource their activities to service organizations normaly this is done in an SME's where accountants and other expertise are not available to make income statements, bal. sheet etc. hence small enterprice have to outsource their accounts, finance activities. KHANANI & KALIA is a good example in pakistan.
(if i am wrong then plz correct me)
ASIF ALI
i think back office accounting term refers to the SERVICE ORGANIZATIONS that means if a company has no any specialized staff in preparing financial statments,budgets,complex transactions, and so on then company outsource their activities to service organizations normaly this is done in an SME's where accountants and other expertise are not available to make income statements, bal. sheet etc. hence small enterprice have to outsource their accounts, finance activities. KHANANI & KALIA is a good example in pakistan.
(if i am wrong then plz correct me)
ASIF ALI