The first ever “Offshoring of Accounting Services in Australia” report conducted by Bond Business School at Bond University exclusively for Staff Domain is now live.
1,125 accountants from 1,160 small and medium sized firms participated in the study, which was conducted by Bond University’s Professor Keith Duncan and Dr. Tim Hasso.
Having been able to work with various accounting SMEs over the years, Staff Domain believes this report is a game-changer especially for small and medium sized accounting firms—as this contains the essential blueprint to successful offshoring.
Hence, accountants and their respective firms should see this as an indispensable tool they need to leverage as they set off on an offshoring journey of their own now or in the coming years.
On partnering with Bond University
Staff Domain only wants the best resource for its existing and would-be clients. That is why we took it upon ourselves to tap one of world’s most reputable academic institutions.
Bond University’s Bond Business School has set the standard for big data and analytics integration into the wide-ranging field of business, finance education, and commerce, which makes it undoubtedly the best academic body to take on the study.
After all, Bond University’s Duncan and Hasso are no strangers to offshoring research. They are the same researchers behind the “Offshoring of Audit Work in Australia” report, which aimed to study and explore the offshoring of audit work in Australia, released in 2010.
Report: Offshoring is here to stay
Putting things into perspective, the research says offshore outsourcing is here to stay. In fact, offshoring is already an integral part of the business model for one in four accounting small and medium firms.
Why? Because offshoring lets them address the lack of talent who will stay for the long haul. More importantly, offshore outsourcing allows accounting SMEs to scale up and get the flexibility they are looking for.
Data on how accounting firms are offshoring their tasks and how satisfied they are. 252 Valid Responses.
Download now and learn from your competitors.
This 18-page report is a must-read for accountants. Accountants have already spoken and outlined the lessons from their experiences to ensure businesses like yours can succeed quicker with outsource offshoring.
Download the full report here.