THE ROLE OF OUTSOURCING ACCOUNTING AT A SMALL ENTERPRISE

The relevance of the chosen topic is due to the fact that accounting outsourcing is one of the most effective models of doing small business recently. This model helps the company to quickly and successfully develop. The article is devoted to the study of the role of accounting outsourcing in small businesses. The authors examined the concepts, role, and place of outsourcing of accounting services in small businesses. The organization models of outsourcing relationships are investigated, the advantages and disadvantages are revealed. Differences from the usual provision of accounting services are considered. In addition, the need for the use of accounting outsourcing in small enterprises was determined and prospects for the development of this type of economic relations were identified. For the provision of accounting services in outsourcing, a standard contract for the provision of services is concluded, where such clauses as the subject of the contract, the rights and obligations of the parties, the terms and procedure for fulfilling obligations, payment, the liability of both parties and other conditions are specified. The essence of accounting outsourcing is primarily in the transfer of routine accounting functions to a third-party accounting company. Accounting outsourcing is becoming cost-effective for those companies that achieve their strategic goal by saving time and material resources.