International Journal of Academic Management Science Research (IJAMSR)   Year: 2020 | Volume: 4 | Issue: 10 | Page No.: 3-7 Outsourcing Accounting Functions: Risks and Benefits Dr. Egiyi Modesta Amaka and Alio, Florence (Ph.D) Abstract: Accounting functions are the central source of all accounting information and firms make use of the outsourcing system as a strategy to enhance their performance. The aim of this study is to understand how accounting functions are outsourced and the risk and benefits associated with outsourcing accounting functions especially in the present-day competitive business world.