Business · Companies · 11 hrs ago

AFM warns of quality risks as Dutch firms outsource accounting to Serbia and Bosnia

AFM warns of quality risks as Dutch firms outsource accounting to Serbia and Bosnia

Hundreds of accountants in Serbia and Bosnia do bookkeeping for Dutch companies.

The arrangement helps Dutch firms deal with a shortage of accounting staff.

The Dutch financial regulator AFM warns that outsourcing can create quality risks.

Becky, a company that supplies teams in Serbia and Bosnia, says those concerns are not always justified.

Becky says basic accounting principles are the same worldwide.

The debate concerns how Dutch companies can fill staffing gaps while maintaining the quality of their accounts.

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BeckyProvider of teams in Serbia and Bosnia
The basic principles of bookkeeping are the same everywhere in the world.
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