From www.accountantsdaily.com.au: Accounting firms are increasingly turning to offshoring to address persistent talent shortages, with nearly half of accountants acknowledging ongoing impacts from these shortages.

While offshoring presents benefits like reduced labour costs, firms face challenges such as training offshore staff in local regulations and managing cultural differences.

Leaders in the industry emphasise the importance of open communication and building relationships with remote teams to ensure successful integration and maintain client satisfaction.