There has been mixed news for accountancy graduates looking for full-time employment this week.
While the UK technically emerged from the recession, continuing pressure on company funds has seen a number of firms look to outsource their finance and accounting operations.
Nelson Hall chief executive officer John Willmott explained that uncertainty in the British economy means businesses are increasingly seeking flexibility in their outsourcing.
Analysts from the advisory firm predicted that the finance and accountancy outsourcing market could grow by 11 per cent per annum over the next four years.
The research led the company to suggest that many firms will seek to implement more streamlined back-office processes to keep costs low and operations efficient.
It is believed that outsourcing firms have begun to overcome their previous obstacle of a lack of a viable economic model for switching services abroad, leading to growth in the market.
In other news, the Recruitment and Employment Confederation has suggested it is quietly optimistic about the future of the UK jobs market.
