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Bursting myths around Offshoring for an Accounting firm 1 Credit

Jul 02, 2021, 12:00 PM ET

Bursting myths around Offshoring for an Accounting firm 1 Credit

  • Rating

    4.5
  • Reviewed on

    October, 2023
  • Subject Area

    Business Mgmnt and Org

Select your learning mode

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  • Get your certificate
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Jul 02, 2021, 12:00 PM ET

Learning Objective

  • Why offshore hiring is more relevant now than ever?
  • Discussing Stigma of offshoring
  • Phases outlined in doing this for the first time
  • Resources available for today’s staffing shortages
  • Perception vs Reality

Course Overview

The traditional accounting profession is coming into the digital age and more and more opportunities are becoming available to work remotely. A significant number of CPAs, accountants and tax pros have embraced remote working with the most recent events happening. This, in turn, has made the offshoring concept widely accepted. For 25 years it has been available in the industry but has been ignored as a long-term solution. With staffing shortages in the accounting industry becoming more prevalent, firms are “thinking outside the box” in finding solutions. Is offshoring right for you?

But the questions are 

  • Staffing is the #1 challenge from sole practitioners to 500+ person firms! How are firms navigating the evolving staffing shortages?
  • Are firms staying in the remote environment temporarily?
  • How does this concept enable my future growth plan?
  • How do I go about hiring offshore on my own or through a firm?

During this online CPE webinar, we will answer some pertinent questions related to offshoring and how firms can mitigate the ongoing staffing shortages.

  • Stigma going away
  • Phases outlined for scalable growth
  • Dedicated vs Outsourcing
  • Long Term Solutions 
  • Remote Working 
  • Interview Process
  • How much time does this take to develop?

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On Demand Credits for All Qualifications

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License details Credits Status
Business Mgmnt and Org for Certified Public Accountants (CPA-US) 1 CPE Approved
Business Mgmnt and Org for CPA in Canada 1 CPD Eligible
Business Mgmnt and Org for Certified Management Accountants (CMA) 1 CPE Eligible
Business Mgmnt and Org for Delaware Licensed Public Accountant (DE-LPA) 1 CPE Eligible
Business Mgmnt and Org for Iowa Licensed Public Accountant (IA-LPA) 1 CPE Eligible
Business Mgmnt and Org for Maine Licensed Public Accountant (ME-LPA) 1 CPE Eligible
License details Credits Status
Business Mgmnt and Org for Certified Public Accountants (CPA-US) 1 CPE Approved
Business Mgmnt and Org for CPA in Canada 1 CPD Eligible
Business Mgmnt and Org for Certified Management Accountants (CMA) 1 CPE Eligible
Business Mgmnt and Org for Delaware Licensed Public Accountant (DE-LPA) 1 CPE Eligible
Business Mgmnt and Org for Iowa Licensed Public Accountant (IA-LPA) 1 CPE Eligible
Business Mgmnt and Org for Maine Licensed Public Accountant (ME-LPA) 1 CPE Eligible
License details Credits Status
Business Mgmnt and Org for Certified Public Accountants (CPA-US) 1 CPE Approved
Business Mgmnt and Org for CPA in Canada 1 CPD Eligible
Business Mgmnt and Org for Certified Management Accountants (CMA) 1 CPE Eligible
Business Mgmnt and Org for Delaware Licensed Public Accountant (DE-LPA) 1 CPE Eligible
Business Mgmnt and Org for Iowa Licensed Public Accountant (IA-LPA) 1 CPE Eligible
Business Mgmnt and Org for Maine Licensed Public Accountant (ME-LPA) 1 CPE Eligible
License details Credits Status
Business Mgmnt and Org for Certified Public Accountants (CPA-US) 1 CPE Approved
Business Mgmnt and Org for CPA in Canada 1 CPD Eligible
Business Mgmnt and Org for Certified Management Accountants (CMA) 1 CPE Eligible
Business Mgmnt and Org for Delaware Licensed Public Accountant (DE-LPA) 1 CPE Eligible
Business Mgmnt and Org for Iowa Licensed Public Accountant (IA-LPA) 1 CPE Eligible
Business Mgmnt and Org for Maine Licensed Public Accountant (ME-LPA) 1 CPE Eligible

Additional Information

Credit

1

Course Level

Basic

Instructional Method

QAS Self Study
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.

Dive into the world of CPA CPE Courses with MY-CPE. Our online courses are here to help you complete your CPA CPE credits seamlessly. We cover a wide range of topics delivered by professional subject matter experts. Forget the traditional way of learning with flexible scheduling and learn at your own pace. Join us and start your journey toward professional growth today!

About Instructor

Live CPE Webinar by Chris Rivera|Ideal for CFE, CMA, CPA
Chris Rivera

Director of Client Relations, MYCPE ONE

  • 4.3
  • rating
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Christopher Rivera, Chris serves as a Director of Client Relations and Business Development at MYCPE ONE. He is an expert at leading and managing teams actively from the front.  

His expertise in sales, training, coaching, mentoring and influencing combined with his competitive nature makes him a strong leader.  
 

Chris has traveled through the length and width of the country and has spoken with more than five thousand CPAs, understanding their challenges and limitations. On the grounds of that, he can now easily provide opinions and solutions that can be immensely helpful to professionals. He has also represented MYCPE ONE at a number of major accounting conferences and networking events, voicing his thoughts on various subjects pertaining to the accounting industry, some of which are: 

OFFSHORING RELATED TOPICS 

  • Integrating offshore and onshore teams 
  • How offshoring can bring Multi-dimensional transformation change in accounting firms 
  • What roles can be shifted offshore 
  • Remote Working & Offshore Hiring for Accounting Firms 
  • Best Practices in Offshoring 
  • What tasks to allocate while starting offshoring? 
  • Interview Tips for Hiring Offshore Staff 
  • How to Onboard an Offshore Staff Member 

MYCPE ONE is a comprehensive ecosystem designed to empower CPAs and accounting firms with a comprehensive suite of services – all in one place. As a strategic platform, MYCPE ONE offers services that include outsourcing, staffing, building captives, continuing education, digital marketing, M&A advisory, and industry insights to support firms in delivering exceptional value to their clients.
 

With a large workforce of over 3000+ accounting experts, MYCPE ONE is already assisting over 3000 accounting & CPA firms. Moreover, the company has served over 200 CFOs & Businesses so far.
 

The company helps small and mid-sized accounting firms hire qualified and experienced offshore staff that work from our offices in India. MYCPE ONE has helped accounting firms in overcoming staffing challenges and building offshore teams.
 

The Company was inducted into the BDO alliance & Boomer partnership and was the first company in this segment to become a platinum partner with IMA (The Association of Accountants and Finance Professionals in Business).

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Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

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Nisha Jainani, Others
5

i have attended webinars before but this was a unique experience since it involved testing of your knowledge at the end.

KM

Kelsey Mason, CPA (US)
5

Great presenter! Always interesting to listen to and provides fantastic insight on various topics.

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