Offshoring! Still a Stigma or New Normal for Accounting firms!

Course Description

Proponents of offshoring argue that it lowers costs and can save thousands of jobs by making struggling companies competitive again and avoiding their failure. Critics say that offshoring is nothing more than the flagrant exportation of U.S. jobs to foreign countries.

Who is right? There are valid arguments on both sides, but analysis shows that the long-term effect is largely beneficial to the U.S. economy—and inevitable.

By having access to staff offshore, businesses can then use additional resources to grow their business and become more sustainable, and can hire more people recently this has made the offshoring concept widely accepted.

Key Topics covered in this Continuing Professional Education webinar:

• Pre and Post Pandemic Offshoring Trend
• Growth Drivers for offshoring
• Which is the stigma?
• Dos and Don’ts for Building Offshore Team
• How you can integrate Offshore & Onshore Teams

In this online CPE Business Management webinar, we will investigate the formation of the stigma and how it relates to your clients' and onshore teams’ perception of offshoring work. The benefits outweigh the cons but how do you explain the rationale with animosity towards offshoring.

Panel Discussion with Tiffany Torr:

Black Bull Accounting is a family-owned and operated firm based in Carlsbad, CA, run by Mark and Tiffany. They own an accounting firm in which the growth came naturally through friends and family as clients. They also knew many of the surrounding businesses in the area who required tax assistance which resulted in referrals. As the positive reviews kept coming in on Yelp, organic growth rapidly increased for the first five to six years. 

Learning Objectives

• To discuss the benefits of offshoring
• To discuss and understand the formation of the stigma with offshoring work
• To discuss the impact of consumer animosity on attitude towards offshoring
• Patriotism vs. Ethnocentrism

Recommended For

• This Online CPE webinar on Business Organization and Management is recommended for CPAs, CMAs, and Any Other Accounting, Tax, and Finance Professionals who want to focus on their core services to expand into quality service
• Firms who desire want to expand their business by utilizing the benefit of Practice Management through offshoring.
• This Online CPE/CE webinar is recommended for CPAs in Canada who want to focus on process-driven accounting work and keep their accounting records sophisticated by leveraging cloud computing and hosted applications.
• CPA firms who want to accomplish their work through an offshore team with deep domain expertise and a complete understanding of the industry.

Who Should Attend?

Webinar Qualifies For

• 2 CPD Credit of Business Management and Organization for Chartered Professional Accountant (CPA Canada)
• 2 CPE Credit of Business Management and Organization for Certified Public Accountants (CPA-US)
• 2 CPE Credit for Certified Management Accountants (CMA)
• 2 CE Credit for Certified Fiduciary & Investment Risk Specialist (CFIRS)
• 2 CE Credit for Certified Wealth Strategist (CWS)
• 2 General Credit for Accountant/Bookkeeper (ACCT./BK)
• 2 CPE Credit of Business Management and Organization for Certified Fraud Examiner (CFE)
• 2 CPD Credit for Chartered Accountants - ICAEW
• 2 CPD Credit for Chartered Certified Accountants (ACCA)
• 2 CPD Credit for Chartered Accountants - Ireland (CAI)
• 2 CPD Credit for Chartered Accountants - Scotland
• 2 CPD Credit for CPA - Ireland

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