In the first part of this series, we discussed the benefits of outsourcing accounting, taxation and bookkeeping compliance to an offshore provider. Understanding the risks associated with the outsourcing is as important as evaluating the benefit. Outsourcing has 3 key success factors / risks: Quality, timeliness, price. Generic business risks are generally well understood and relate to a large extent …
Benefits of Outsourcing your Australian Accounting, Taxation and Bookkeeping Compliance to an Offshore provider
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 …
The future of Australian Tax Compliance… Why Gen Y find it hard to engage
With Automation likely to impact compliance in the near future, and offshoring impacting compliance now, this week we look at Gen Y’s engagement with the future of compliance. There has been plenty of discussion about offshoring and automation affecting compliance, and particularly where the new “Middle Managers” will be found in 3-5 years if graduates aren’t being engaged and recruited …
Changes to SMSF Compliance… More reporting, more automation
A couple of days ago an interesting video was released of the discussion between Ron Lesh of BGL and Peter Switzer. In the video there is plenty of discussion about the changing laws and reporting requirements for SMSF’s in Australia, and the fluid and every changing nature of SMSF’s and SMSF reporting. The ever changing SMSF laws have been the …
- Page 2 of 2
- 1
- 2