Accounting Outsourcing in Tourism SMEs and Financial Risk Mitigation
Ioulia Poulaki,
Anna Kyriakaki,
Eleni Mavragani
Abstract:This paper aims to investigate the characteristics of outsourcing in accounting services for tourism SMEs as a choice to mitigate their financial risk. The research was carried out in summer 2022, during tourism recovery from the COVID-19 pandemic crisis, while the findings indicate that the majority of tourism SMEs choose to outsource their accounting services in order to reduce operating costs; to save their funds by exploiting a partner’s information systems; to take advantage of a partner’s accounting know… Show more
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