One the biggest reasons why accounting firms are hesitant to outsource is ‘security’. They are worried they would lose control over data or they would have to deal with a major cyber calamity in the future. The active targeting of tax professionals to steal taxpayers’ information for committing tax frauds has only fueled their apprehension. Therefore, we completely understand their concern. To help you onboard with the idea of accounting outsourcing, we have created an infographic on the different layers of security that an accounting firm deploys in-house and that an accounts outsourcing provider has. Have a look: 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 Mar 14, 2018 09:03:48, updated Mar 23 2021 Topics: Don't forget to share this post! Most Popular The Future of Audit: Trends and Innovations for 2024 and Beyond Audit | 14 MIN READ Internal Audit Vs. External Audit: Key Differences You Must Know Audit | 6 MIN READ Why CPAs and Firms Are Choosing India for Outsourcing Accounting & Bookkeeping | 7 MIN READ How Can CPAs Outsource Accounting? – Outsourced Accounting Services for Greenhorns Accounting & Bookkeeping | 5 MIN READ Outsourcing Audit Support Services – How Does It Work? Audit | 8 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
