How to build an offshore Accounting firm? | Hardik Chhabada

93% of the Accounting offshore market remains untapped as many US CPA firms have not tried outsourcing, yet. Hardik Chhabada shares how to build an Offshore Accounting firm.
In 2015, BDO started its offshoring arm in India. Hardik was responsible for leading their offshore operations for the UK & and US markets.
He was quick to realize the immense potential in this space. To help the offshore industry in India thrive, in 2022, he started TalentAdd.AI.
Check out the full article here - www.thefinancestory.com/how-t...
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Timestamps:
0:00 - Introduction
1:06 - How and when did you start in remote audit offshoring space?
2:09 - Could you take us through the entire journey?
4:02 - Do you ever consider starting your own offshoring business?
6:37 - Can you tell us who the top players in this industry are and how they grew?
9:36 - How do I leverage and grow in this industry as a small firm or indiviual?
12:18 - What is the infrastructure or investment that I need?
14:08 - Is there a step by step process for a CA firm starting in the offshoring space?
16:30 - Could you elaborate a bit on acquiring of clients?
20:07 - What is the typical timeline to get a mid-sized CA firm to trust you?
22:23 - How do indiviuals start?
23:59 - How is the costing going to impact the entire aspect?
27:14 - US CPA firms question quality of small Indian CA firms. How to address it?
29:00 - What about efficiency by increasing use technology and AI?
30:23 - Which country is currently best for outsourcing work?
31:47 - Offshore work is moving to other geographies, does it matter?
32:47 - What are the challenges one has to overcome? Any closing message?
34:15 - Conclusion
#outsourcing #offshoring #thefinancestory #accountingandaccountants #big4

[@sachinbansal4544]

Very well explained with apt details..... Good to see encouraging the finance offshore domain in India...

[@himajav96]

Full of useful content, lot to gain.

[@sohaibsadiq6101]

Great