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16 Dec
Business process outsourcing (BPO)
Business process outsourcing (BPO)

BPO is the abbreviation for business process outsourcing, which refers to when companies outsource business processes to a third-party (external) company.

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The audit is the review of the accounts or documents, while the assurance is the process analysis of those accounts or records. Once analyzed, the organization can make changes as needed and be "assured" they have accurate financials and processes in place.

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