Outsourcing of late has been associated with lots of negative press and publicity. However you will not know the truth till you venture to the field yourself. So I decided to plunge headlong to this field. Initially everyone cautioned me about the pitfalls of outsourcing and tried to discourage me from undertaking it. I thank myself for not listening to them. Cant imagine how much opportunity I would have missed out on.
I run an accounting firm with a group of accountants working under me. Tax season sees heavy rush from my customers for tax return preparation, federal income tax preparation and many more aspects of bookkeeping and accounting. Outsourcing bookkeeping and accounting has come as a great boon for accounting firms. Though accounting and bookkeeping is a tiresome and time consuming process, some one has to do the work.
I have found accountants in India to be very proficient and hardworking doing the time consuming work for me. Accounting outsourcing has dual benefit for any outsourcing firm. First of all you are able to get highly trained professionals at a substantially lower cost to do the accounting and bookkeeping work for you. Secondly due to...