ARE ACCOUNTING SERVICES THREATENED BY MOVING TO SHARED SERVICE CENTERS? - AN EMPIRICAL EVIDENCE OF CZECH COMPANIES

Abstract

The article assesses key aspects of the shared service center concept within the accounting area from the perspective of the user unit. Based on the analysis of theoretical concepts related to types of financial services suitable for transfer to shared service centers, hypotheses are formulated. These hypotheses are verified through empirical research and tested using appropriate statistical methods such as the odds ratio (OR) and Fisher’s exact test. The results show that companies prefer to transfer codifiable and routine activities to shared service centers. The most common activity transferred is receivables management. The findings of the analysis provide insight into the usefulness of shared service centers as applied by Czech companies.

Data:
Received: 20 Sep 2020
Revised: 13 Nov 2020
Accepted: 6 Dec 2020
Published: 20 Dec 2020