Outsourcing

The first of two articles on the transformation of the tax and accounting profession looks at the factors driving change.

A recent report has found that inconsistencies in data and reporting mean manual processes are still required to do regular reconciliations.

U.S. accounting firms can work with their counterparts in Ukraine to support the country as it endures the Russian invasion while also getting some much-needed help with their own work as labor shortages continue in the U.S.

A lack of confidence in the accuracy of programs means businesses continuing to rely on manual processes, according to a recent report.

Accounting firms are beginning to realize the value of this form of offshoring for solving staff shortages and much more.

Clark Schaefer Hackett, a Top 100 Firm based in Cincinnati, has bought a human resources outsourcing firm also based there.

The Dallas-based advisory and consulting firm has expanded to Phoenix and Salt Lake City this year.

The Top 100 Firm has expanded in Massachusetts by adding a financial outsourcing firm, effective Aug. 15.

Outsourced accounting is among the options business leaders should carefully consider in these unprecedented times.

Startup Breakaway Bookkeeping & Advising is building a network of finance professionals to act as virtual CFOs for small-business clients.