Factors Influencing Accounting Outsourcing Using the Transaction Cost Economics Model

This paper presents the results of research conducted to identify factors that influence decisions company management outsource accounting services. A transaction cost economics (TCE) model was used analyse high levels outsourcing tasks in case Montenegro, where, based on our sample, 75.4% companies enter arrangements with bookkeeping agencies or external accountants. With an adaptation International Accounting Standards (IAS) and legal requirements for submission standardised year-end reports, there is evident growth financial service providers market trend entering those agencies. survey developed investigate 12 variables that, according TCE model, decisions. The selection previous field using Resource-Based View (the most common models this analysis). In contrast, new were introduced measure effects introduction IAS through reporting obligations Montenegro. By developing way, it became possible predict 47% variance dependent variable main (other than price) decision managers