Indian hand had an expertise over fields such as customer support, medical transcription, reading X-rays & preparing tax returns. Indians have been solving queries of customers overseas proficiently and tasks such as medical transcription were accomplished successfully here. Now its’ time for developing a new skill & mastering it. Indian hands are becoming extremely popular [...]

Knowledge process outsourcing has offered many businesses, the high-end knowledge required by the industries to bloom. Since, this is a new invention in the outsourcing market, people are still preferring BPO services and are also unaware of the extensive benefits, associated to KPO. The benefits include cost savings, efficacies to execute a task and improved [...]

The great economic success of BPO has given way to many industries to trigger off the process of high-end knowledge work. The main reason is that most companies are looking for access to specialized knowledge processes that are rare to possess. The KPO market is currently estimated anywhere form $1.3 billion. The growth prospects in [...]

Outsourcing markets have contributed to the success of many businesses. In fact, these days, most businesses depend on outsourcing markets to enhance their profit prospects. BPO has been one of the most famous and productive outsourcing method in the industry. It created many jobs, offered cost savings and long-term investment benefits to various industries. The [...]

BPO sector has created a revolution in the business world. Most organizations have switched over to BPO to achieve desired results with a less investment on their part. The BPO industry has enjoyed a vast expansion and is still expecting great advancement and enhanced efficacies to offer its clients with best of services. The eminence [...]

Browsing through the pages of history, we can see that the outsourcing concept dates back to 1962. The concept was the result of Ross Perot’s mastermind when he founded Electronic Data Systems. Electronic Data Systems facilitated the management of information technology to its clients. EDS was proficient in offering the adept information technology one requires [...]

BPO stands for Business Process Outsourcing. The whole process can be referred to as the reorganization of a particular business’ functions to some other service providers. The arrangement is generally made in low cost locations. The service provider in this may be a third party or self-owned. The entire rearrangement is aimed towards an achievement [...]

Globalization carries different meaning for different people. Some see it a medium to fill up their pockets with wealth at the expense of the poor and downtrodden, and for others it is a gateway to open up free trade between countries. Whatever, Globalization means to the people across the globe, it has its own history [...]

In simple words the term cost audit means a systematic and accurate verification of the cost accounts and records and checking of adherence to the objectives of the cost accounting. As per ICWA London “ cost audit is the verification of the correctness of cost accounts and of the adherence to the cost accounting plan.” [...]

The basic nature of audit is checking and it holds good for both the cost audit as well as the financial audit. However following are the points of difference between these two audits: 1. Compulsory nature – Financial audit is compulsory for all the companies registered under companies act, 1956. Cost audit is not compulsory [...]