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

Published: September, 2021

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  • Course Description
  • Course Qualification
  • Presenter
  • FAQ

Course Description

Overview

  • What are these Stigma?
    8 mins
  • Do's and Don't of Building Offshore Team
    16 mins
  • How to address firm's client concern?
    29 mins
  • Casestudy of an Accounting Firm
    42 mins
  • Annual Client Survey 2019
    52 mins

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 are the stigma?
  • Dos and Don’ts for Building Offshore Team
  • How you can integrate Offshore & Onshore Teams


In this online CPE webinar of business management, 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.

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 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?

  • Accountant
  • Accounting Firm
  • Accounting Managers
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Entrepreneurial CPA
  • Senior Accountant
  • Staff of Accounting Firm
  • Young CPA

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 of Business Management and Organization 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/Bookeeper
  • 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 :
    QAS Self Study
  • 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), Practice Protect

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

Practice Protect

www.entigrity.com/

Practice Protect is the #1 accounting-specific cyber security platform that makes it quick & easy to secure and control client data, wherever your people work.

Faq

FAQs content

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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.
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  • myCPE Courses are taken by : CPA | CMA | CFE | CIA | CPA(Yellow Book)| CFP | CFA | CPA (Govt.) | EA | CRTP | MRTP | ORTP | ABV | CITP | CVA | PFS | CFF and others.

Ratings and Review

4.4

657 Ratings

Excellent

359

Very Good

230

Average

61

Poor

6

Terrible

1

RM

Rebecca Mogensen, CPA/ABV, CPA (US)

Nov 4th, 2021

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

JR

Joseph Riezman, CPA (US)

Dec 2nd, 2021

definitely enjoyed the real world example.

HT

Heather Traficanti, CPA (US), CFA

Oct 1st, 2021

A+ Delivery Thank you!

JA

Jason Aymami, CPA (US)

Dec 29th, 2021

Great course

GM

Ghazwan Mikeal, CPA (US)

Nov 9th, 2021

great course

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