17

May 2013

May 2013 Newsletter

By: Odyssey Newsletter
Tags: new directions in offshoring, outsourcing disclosure, public practice revolution

It’s now mid-May and post budget and post busy season it’s a good time to look to trends affecting the next tax season. Is resistance useless? Outsourcing and offshoring isn’t the dirty secret it used to be. Outsourcing is providing a level playing field enabling smaller firms being able to take on work without worrying about resource issues. We’re seeing the younger practice …

14

Mar 2013

Admin zero – How low can you go?

By: Odyssey Odyssey in the Press
Tags: Cloud technology, Overseas outsourcing, Quality work

Krystine Lumanta interviewed David Carter, CEO of Odyssey Resources, for SelfManagedSuper Magazine. “The pressures of information delivery, accessibility and efficiency are being equally felt in the administration and audit sectors servicing SMSFs. While there are some expectations for price cuts this year, Krystine Lumanta is told the industry must address a value awareness issue in order to agree on what …

10

Jan 2013

January 2013 Newsletter – The Odyssey Rebel Motorbike trip and other Outsourced Accounting news

By: Odyssey Newsletter
Tags: APES GB 30 Outsourced Services checklist, cloud, free trial, Outsourcing

It’s early January and the year is already shaping up to be big with outsourcing and the cloud affecting every Australian accountant. Odyssey rebel motorbike trip – January 2013 Next Sunday 20th January 2013 we kick off the Odyssey Rebel Motorbike trip in Luang Prabang, Laos. We’re taking on the 7 day cultural North tour. If you are on top of …

06

Jul 2012

July 2012 Newsletter

By: Odyssey Newsletter
Tags: APES GN 30 Outsourced Services, Increased regulation, IPA conference, Offshore administration, the TPB

Hot Tubs and Motorbikes – The 2012 Odyssey Annual Motorbike Trip! Would you go on a trip with your outsourcing services provider?!!! There were plenty of “WOW” moments as we took about 20 Aussie Accounting clients on an adventure to the remote Northern hill tribe areas of Vietnam. The video of the trip can be found here. We’re all still …

20

Jun 2012

Offshore administration gaining momentum

By: Odyssey Odyssey in the Press
Tags: cloud, compliance, labour shortage, offshore, online, tax returns

Darin Tyson-Chan interviewed David Carter, CEO of Odyssey Resources, for SMSF Magazine. The practice of using overseasbased organisations to perform the administrative and compliance functions of SMSFs is increasing, according to a senior executive of a firm operating in the space. “We’ve seen quite a proliferation of companies offering these services in the last six to 12 months, so people …

13

Mar 2012

Tapping a tiger – Compelling reasons to do business in Vietnam

By: Odyssey Odyssey in the Press

“With 90 million people, the Socialist Republic of Vietnam is the 12th most populous country in the world (65 per cent of the population is under 30). For two decades after the 1975 reunification, deeply conservative leadership policies were a ball and chain on economic growth. Since 2001, however, the Vietnamese Government has firmly wedded itself to economic liberalisation, implementing …

18

Jul 2011

Accountants go offshore to boost profits

By: Odyssey Odyssey in the Press
Tags: APESB, compliance, Data, labour shortage, margins, offshore, privacy, risk

“Cost pressure and labour constraints are forcing accounting firms to use low-cost offshore providers for basic compliance work this tax season. Accountants are paying offshore service providers between 15 per cent and 20 per cent of the equivalent local rates for basic tax returns, superannuation returns, the preparation of financial statements and business activity statements.” The author, Agnes King, interviewed …

10

Feb 2011

Tax returns go offshore

By: Odyssey Odyssey in the Press
Tags: compliance, Data security, due diligence, higher margins, offshore, Outsourcing, privacy, routine tasks, skills shortages, tax returns

“In the two weeks spanning Christmas and New Year’s Day, while HAS Business Solutions ’ accountants vacated Alice Springs and headed for the coast, an army of Vietnamese bean counters kept the firm’s till ticking over.” In this article, Agnes King discussed the benefits of outsourcing and offshoring basic accounting services for Australian accounting firms. HAS Business Solutions has been …