Outsourcing has evolved tremendously in the last one decade. Many small to mid-size CPA firms outsource their back-office and most of their tax compliance work to various offshore locations across the globe. It is evident the biggest driver to do is to cut costs substantially and to free up their practice staff for high-end jobs like budgeting and forecasting. The question is are the CPA firms really saving that much when it comes to hiring an offshore team rather than an in-house staff? QXAS has compared the cost of hiring and maintaining an in-house practice staff for your CPA firm to outsourcing a qualified team. Seems like a no-brainer to us! VISHAL KURANI Bringing forth rich marketing experience in the accounting industry, Vishal blends his wealth of knowledge and creativity to educate accountants about the pressing industry issues. He is passionate about marketing and helps accountants scale their practice through his detailed write-ups. Unauthorized copying or plagiarism of our content is a violation of intellectual property rights. We take such matters seriously and will pursue legal action to protect our original work. Anyone found engaging in such activities will be held accountable under applicable laws. Originally published Oct 23, 2018 09:10:48, updated Mar 23 2021 Topics: Don't forget to share this post! Most Popular The Future of Audit: Trends and Innovations for 2023 and Beyond Audit | 13 MIN READ Internal Audit Vs. External Audit: Key Differences You Must Know Audit | 6 MIN READ All About the Best Outsourced Bookkeeping Services for Small Business Accounting & Bookkeeping | 5 MIN READ QX Global Group Wins ‘Outsourcing Service Provider of the Year’ at Asian Leadership Awards QX Insight | 1 MIN READ Why Outsource Professional Audit Support Services? Audit | 6 MIN READ Get a Free Strategy to Transform Your Business Operations Resolve the talent gaps, reduce costs, and improve your margins Get a Free Consultation
