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 …