Outsourcing the accounting function is done by many companies, even the largest companies. PwC, the world’s largest tax practice is getting even bigger. On April 1st, GE workers will be transferring about 600 tax professionals to their new employer: PwC. This move will not only allow PwC to expand its tax service while still keeping GE as a client, but allow them to cut costs and focus on core operations. This move helps to increase skillset and broaden competencies not just in the US but globally as 275 of the 600 workers are in the US and the remaining in about 40 other countries.
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