Powering into the Australian news recently is the investigation by Fairfax media into the sale of private details of Australian customers. A Mumbai-based security firm is asking between $350 and $1000 in exchange for the private information. And there may be several private companies selling phone records, home addresses and other private details of Australian telecommunication company customers. What’s the risk? This …
Accountants go offshore to boost profits
“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 …
Key questions you should ask your accounting outsource provider
As one of the first pioneers of Australian accounting outsourcing we’ve developed a list of questions that our prospective client’s ask. To assist you with selecting a high quality outsourcing services provider (OSP), we provide the following key questions you should be asking your OSP. About the company Who owns the OSP I am dealing with – is it an …
