Whois & Analysis for orangeiq.com.au

In business, outsourcing is "an agreement in which one company contracts-out a part of existing internal activity to another company".

It involves the contracting out of a business process (e.g. payroll processing, claims processing) and operational, and/or non-core functions (e.g. manufacturing, facility management, call center support) to another party (see also business process outsourcing).

The concept "outsourcing" came from the American Glossary 'outside resourcing' and it dates back to at least 1981.

Outsourcing sometimes, though not always, involves transferring employees and assets from one firm to another.

Outsourcing is also the practice of handing over control of public services to private enterprise.

Australia, officially the Commonwealth of Australia, is a sovereign country comprising the mainland of the Australian continent, the island of Tasmania and numerous smaller islands.

It is the largest country in Oceania and the world's sixth-largest country by total area.

The neighbouring countries are Papua New Guinea, Indonesia and East Timor to the north; the Solomon Islands and Vanuatu to the north-east; and New Zealand to the south-east.

Australia's capital is Canberra, and its largest city is Sydney.

Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business.

Transactions include purchases, sales, receipts, and payments by an individual person or an organization/corporation.

There are several standard methods of bookkeeping, such as the single-entry bookkeeping system and the double-entry bookkeeping system, but, while they may be thought of as "real" bookkeeping, any process that involves the recording of financial transactions is a bookkeeping process.

Certified Public Accountant (CPA) is the title of qualified accountants in numerous countries in the English-speaking world.

In the United States, the CPA is a license to provide accounting services to the public.

It is awarded by each of the 50 states for practice in that state.

Additionally, almost every state (49 out of 50) has passed mobility laws to allow CPAs from other states to practice in their state.

State licensing requirements vary, but the minimum standard requirements include passing the Uniform Certified Public Accountant Examination, 150 semester units of college education, and one year of accounting related experience.

Accounting or accountancy is the measurement, processing, and communication of financial information about economic entities such as businesses and corporations.

The modern field was established by the Italian mathematician Luca Pacioli in 1494.

Accounting, which has been called the "language of business", measures the results of an organization's economic activities and conveys this information to a variety of users, including investors, creditors, management, and regulators.

Practitioners of accounting are known as accountants.

The terms "accounting" and "financial reporting" are often used as synonyms.