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

  • Accountant
  • CPA (CA)
  • CFE
  • CMA
  • CPA (US)
  • CA - ICAEW
  • ACCA
  • CA - Ireland
  • CA - Scotland
  • CPA - Ireland
  • CFIRS
  • CWS
  • Course Description
  • Course Qualification
  • Presenter
  • FAQ

Course Description

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
  • To discuss 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?

  • Accounting Firm
  • Auditors
  • Business Owner
  • CEO
  • Certified Fraud Examiner
  • Certified Management Accountant (CMA)
  • Chief Accounting Officer
  • Cloud Accountants
  • CPA (Industry)
  • CPA - Large Firm
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • CPA in Business
  • Entrepreneurial Accountant
  • Entrepreneurial CPA
  • Tax Firm

Course Qualification

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/Tax Professionals
  • 2 CPE Credit of Business Management and Organization for Certified Fraud Examiner (CFE)
  • 2 CPD Credit for CA - 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

Additional details

  • Course Level :
    Basic
  • Credits :
    2
  • Instructional Method :
    Group Internet Based
  • Pre-requisites :
    None
  • Advance Preparation :
    None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

Presenter

About Presenter

Shawn Parikh

Chief Executive Officer (CEO), Entigrity Solutions LLC

Shawn Parikh is the Chairman and Founder of Entigrity Solutions LLC. With over 15+ years of experience, he spearheaded the company operations, forging the foundations of Entigrity that work closely and exclusively with the accounting community.  Shawn’s strategic vision and leadership lead to the expansion and diversification of Entigrity in several areas over the years. Shawn understood numerous staffing-related challenges plaguing the accounting community. It is by that virtue that today Entigrity is serving 500+ accounting firms across North America.

Shawn is a Chartered Accountant by qualification, who began his career as a financial advisor in Insurance, Mutual Funds, and Retirement Plans. Shawn undertook public practice, serving small and Mid-size businesses, providing them with consulting and advisory services. Over time, he has provided consultation to 3000+ accountants and helped them convert some of their core challenges into opportunities.

His specialization areas include: 

  • Remote Working & Offshore Hiring for Accounting firms
  • Practice Management & Development
  • LinkedIn Marketing for Accountants
  • Accounting Technology

Shawn is known for his expert opinions on 

  • Build a 60% net margin Client Accounting Service Business
  • CAS & Advisory Practice services for accounting firms
  • Accountants need to think like Entrepreneurs

About Company

Entigrity Solutions LLC

www.entigrity.com/

Entigrity is a leading offshore staffing solutions provider to 600+ accounting and tax firms situated across the US, CA, and the UK). The company helps small and mid-sized accounting firms hire qualified and experienced offshore staff that works from our offices in India.

Headquartered in Sugar Land, TX, Entigrity has 7 offshore offices located across India; 3 of them in Ahmedabad and 1 each in Indore, Vadodara, Rajkot & Kochi. They are an ISO 27001:2013 certified organization for information security and ISO 9001:2013 certification for quality management. They exceed the standard compliances for best business practices in terms of information security and quality management. Entigrity has provided consultation/advice to over 3000 accountants and assisted them in converting some of their core challenges into opportunities. 

Faq

FAQs content

  • To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
  • Continuing Education Credit Certificate is available to all eligible participants within 24 hours of each webinar.
  • You must attend complete live webinar and respond to all polling questions asked during the webinar. Credits would be issued on 50 minute credit hour basis.
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  • Our courses meet the global Continuing Professional Development (CPD-IES7) Standard for Chartered Accountants with International Education Standard 7 (IES 7) set by The International Federation of Accountants (IFAC), the International Accounting Education Standards Board (IAESB) and the Association of Chartered Certified Accountants (ACCA). Based on our accreditation by existing IFAC members and affiliates, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • You can manage your continuing education certificates and credits through your certificate dashboard which is available when you are logged in to your account (LOGIN)
  • As an accredited provider of Continuing Professional Education in the United States, myCPE online learning platform, courses, and webinars meet the requirements set forth by the Institute of Management Accountants (IMA), an IFAC Member Organization, as well as the National State Boards of Accountancy (NASBA) and the Institute of Internal Auditors (IIA), both IFAC Affiliates. As well as it has been approved by NASBA, Internal Revenue Service (IRS), Certified Financial Planner Board (CFP Board), California Tax Education Council (CTEC), Society of Human Resource Professional (SHRM), Human Resource Certification Institute (HRCI) and many more.Therefore, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable continuing education requirement as CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
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Ratings and Review

4.4

932 Ratings

Excellent

482

Very Good

333

Average

97

Poor

18

Terrible

2

LC

Linda Calvelli, CPA (US)

Jun 29th, 2022

The company I work for has been outsourcing for 10 years now and it gets better with each year. The staff in India are wonderful to work with. The fact that I would defend outsourcing comes as a surprise to me because when the idea was first introduced, I, like my other colleagues, were all about keeping American jobs in the US but the staff in India are all that was was said in the class today and more. We really appreciate our Global Ops Center.

JB

Janet Barber, CPA (US), CGMA

Aug 31st, 2022

I was very angry when my firm offshored, and I lost colleagues and friends. This series of courses is helping me to understand the decision better.

RM

Rebecca Mogensen, CPA/ABV, CPA (US)

Nov 4th, 2021

I loved the guest speaker with real world experience with off shoring.

RB

Robert Blackwell, CPA (US), CPA/PFS

May 20th, 2022

The instructor was weak in his presenting skills.

JM

Jessica Mutch, CPA (US)

Oct 5th, 2021

Not for me, but good to learn how far it's come.

CPD | CPE Course on Offshoring

FREE

2 Credits

Subject Area

Business Management and Organization

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