This is the Accounting Answers Podcast, hosted by Rob Brown. Formerly known as the Best Practice in Accounting Podcast, this show asks and answers critical questions of the experts, leaders and influencers who shape the decision-making of accountants, CPAs and finance professionals.
Episode 5. In today's interview, "Two Brilliant Examples of Accountancy Outsourcing."
Key takeaways from this episode include:
➺ an example of an accounting firm business model that is very much out of the norm
➺ how far an accounting firm owner can take outsourcing
➺ what is possible for accountancy practices who are tired of the fight for talent
➺ the best way to manage outsourced or offshored accounting functions in a practice
➺ what outsourcing might do to the profitability of an accounting firm
➺ some of the 'what ifs' that arise for accounting practices who outsource their client work
➺ whether it's required or even desirable for accounting firm clients to know that their compliance is being outsourced
➺ appreciating that there is more than one way to run a firm and do many things in an accounting firm
➺ how accountants can get started with baby steps in outsourcing using a low level service line
Action - if you are weary of the fight for talent and depleting margins in your accounting practice, take a serious look at outsourcing.
Tune into more on this daily show for short, sharp episodes that keep you informed of what's happening in the accounting world and the whole ecosystem of consultants, organizations, vendors and advisors who serve them.
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Mentioned in this episode:
Dead Show / YouTube
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