International Journal of

ADVANCED AND APPLIED SCIENCES

EISSN: 2313-3724, Print ISSN: 2313-626X

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 Volume 11, Issue 9 (September 2024), Pages: 66-75

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 Original Research Paper

Accounting outsourcing intensity in Vietnam: Empirical evidence from Vietnamese small and medium-sized enterprises

 Author(s): 

 Linh Ha Nguyen 1, *, Chung Quang Tran 1, Thuy Linh Nguyen 2, Nguyen Minh Doan 3

 Affiliation(s):

 1School of Accounting and Auditing, National Economics University, Hanoi, Vietnam
 2Faculty of Finance and Banking, Thuongmai University, Hanoi, Vietnam
 3Faculty of Economics and International Business, Thuongmai University, Hanoi, Vietnam

 Full text

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 * Corresponding Author. 

  Corresponding author's ORCID profile: https://orcid.org/0000-0002-1626-6167

 Digital Object Identifier (DOI)

 https://doi.org/10.21833/ijaas.2024.09.008

 Abstract

This study focuses on developing a strategic management tool for small and medium-sized enterprises (SMEs), where outsourcing is seen as an effective method. Outsourcing allows SMEs to concentrate on their core strengths and compete despite limited resources. In Vietnam, SMEs make up over ninety percent of all businesses and play a key role in the economy. However, they face challenges due to limited resources, especially in managing accounting functions. This research examines the factors influencing the level of outsourcing among SMEs in Vietnam based on two key theories: Transaction Cost Theory (TCE) and the Resource-Based View (RBV). A sample of 236 questionnaires was analyzed using SPSS and regression models. The findings revealed positive and significant relationships between outsourcing intensity (OS.Intensity) and four factors: asset specificity (AS), frequency of accounting tasks (FREQ), trust (TRUST), and technology competence (TECH). The study supports the trend of accounting outsourcing for Vietnamese SMEs, allowing them to enhance their internal strengths despite resource constraints. Future research to gain a deeper understanding of accounting outsourcing is also suggested.

 © 2024 The Authors. Published by IASE.

 This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).

 Keywords

 Outsourcing intensity, Small and medium-sized enterprises, Transaction cost theory, Resource-based view, Accounting functions

 Article history

 Received 26 February 2024, Received in revised form 17 August 2024, Accepted 3 September 2024

 Acknowledgment

No Acknowledgment.

 Compliance with ethical standards

 Conflict of interest: The author(s) declared no potential conflicts of interest with respect to the research, authorship, and/or publication of this article.

 Citation:

 Nguyen LH, Tran CQ, Nguyen TL, and Doan NM (2024). Accounting outsourcing intensity in Vietnam: Empirical evidence from Vietnamese small and medium-sized enterprises. International Journal of Advanced and Applied Sciences, 11(9): 66-75

 Permanent Link to this page

 Figures

 Fig. 1 

 Tables

 Table 1 Table 2 Table 3 Table 4 Table 5 Table 6 Table 7 Table 8 Table 9 Table 10 Table 11 

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