When outsourcing imports new risks

Offshoring can make your business more efficient, but it also creates opportunities for fraud and other risks, writes Neal Ysart, a senior manager in PricewaterhouseCoopers' forensic services arm. Companies that contract overseas need to develop controls to protect themselves against misrepresentation from providers, because you "cannot outsource your reputation," Ysart advises.

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Accountancy Age (London) (tiered subscription model)

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