Auditing and Internal Controls for Offshored Accounting Processes : A Research Agenda

Offshoring of accounting processes has become a common business practice, pursued by firms to reduce costs and focus on core competencies. However, our understanding about internal controls of these offshored processes is limited. Grounded in theory that is supported by prior literature and interviews with practitioners, this paper attempts to develop a research agenda on internal controls for offshored accounting processes. It further develops a linkage between internal controls of offshored accounting processes and auditing of the organization. This paper has implications for academicians as well as practitioners in terms of understanding the determinants and consequences of internal controls for offshored processes