FAO Research Inc., a research firm focused on the finance and accounting outsourcing market, announced that its latest research shows a 40 percent, one-year increase in outsourcing contract signings in 2005. Accenture and Capgemini won the lion's share of business.

FAO also predicted that by the close of 2006, there will be an additional 60 percent growth in the number of outsourcing contracts closed, compared to 2005.

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