The top 5 Benefits of Outsourcing your Australian Accounting, Taxation and Bookkeeping Compliance to an Experienced Offshore provider

David CarterOutsourcing

Practice management series - 1

Outsourcing is not new. It derives from the economic principle of comparative advantage. CPA Australia released several great checklists back in October 2016, with lead author by Odyssey’s David Carter. The checklists in these series allow Australian accountants looking to use or provide outsourced services to cover many of the important aspects of outsourcing. This week we look at the … Read More

6 Good Reasons to outsource your Australian Compliance work to an expert

David CarterOutsourcing

8 Reasons why you should outsource

Outsourcing (and not offshore labour hire) can bring many benefits to your business. It’s critical that business owners remain alert and agile to ever present changing market conditions. Outsourcing now is a business norm, and yet there are still a few Australian accountants not yet fully into Outsourcing. With change an ever constant, especially not only as we’ve recently seen … Read More

Will the rise of the Gig economy hit Australian compliance, or outsourcing?

David CarterOutsourcing

Will the rise of the Gig economy hit Australian compliance, or outsourcing?

It was interesting to note the Australian economists remarking on the Australian economy earlier this year note that in January there was a 16k increase in employment consisting of a 50k drop in full-time employment and a 66k increase in part-time work. At that time the economists were estimating a 20k increase in employment. It’s interesting to think further on … Read More

The (Accounting) Outsourcing/Offshoring.. Firm of the Future…Part 2.

David CarterOutsourcing

The (Accounting) Outsourcing/Offshoring.. Firm of the Future…Part 2.

With the competition for offshoring and outsourcing heating up, we thought it might be a good time to look at the future of offshoring and outsourcing. Last week we look at the trends we believe will impact the future of work completed offshore. Taking these trends into account, we put down our thoughts on what these trends actually mean for … Read More

The (Accounting) Outsourcing/Offshoring.. Firm of the Future…Part 1

David CarterOutsourcing

The (Accounting) Outsourcing/Offshoring.. Firm of the Future...Part 1

With the competition for offshoring and outsourcing heating up, we thought it might be a good time to look at the future of offshoring and outsourcing. In looking at the firm of the future, there are several obvious recent trends that will impact the future of work completed offshore. Amongst these trends are: Mobility of workforce. Previously many foreign students … Read More

What Australian accountants are really thinking about Outsourcing

David CarterOutsourcing

What Australian accountants are really thinking about Outsourcing

Outsourcing has been in the news recently, and online comments on what Australian accountants are thinking about outsourcing are quite enlightening. So what are they actually thinking? Trolling through some Australian online sites, we’ve found some interesting comments. Australian accountants are: concerned about the impact of outsourcing have seen poor work quality Have concerns that the foreign worker does not … Read More

The Top 9 reasons why your Accounting firm probably isn’t Outsourcing

David CarterOutsourcing

The Top 9 reasons why your Accounting firm probably isn’t Outsourcing

As you’ve probably seen from our blog postings, there are plenty of benefits of outsourcing accounting and tax compliance. However, we’ve also seen a lot of people come up with excuses as to why accounting outsourcing won’t work for their firm. So we thought this week we’d give you the “Best of the Best” excuses about why people haven’t gone … Read More

Offshore workers not equal: the importance of a good due diligence.

David CarterOutsourcing

offshore-workers-not-equal

More recently we’ve been blogging about the desire of offshore labour providers (offshoring) to have above market remuneration and conditions, which allows them to pass on the (hidden) cost of these conditions to the client, usually the Australian accounting firm. We were recently exchanging communication with an offshore services provider in the Philippines recently related to our blog on Offshore labour … Read More