Behind the Scenes of Accounting Industry: A Mid-Year Recap and Future Trends for 2023
In the ever-evolving landscape of the accounting sector, significant transformations are taking centre stage.
Offshore Accounting: Mitigating The Myths, Finding The Facts
Major transformations are underway in the fast-changing landscape of the accounting industry. Besides technological advancements, offshore accounting is the latest trend that has taken the industry by storm.
Decoding The Dilemma: Offshoring Accounting and Back-Office Needs – Necessity or Choice?
“Accounting does not make corporate earnings or balance sheets more volatile. Accounting just increases the transparency of volatility in earnings.”
Bridging the Gaps in Accounting and Back-Office Functions for Tech and Accounting Firms with Offshore Services
In today’s fast-paced business environment, tech and accounting firms are facing increasing pressure to streamline their operations and improve their bottom line.
Offshore Accounting and Back Support Services Tackle CFOs’ Challenges
Recruitment Process Outsourcing (RPO) is growing, with its market size valued at USD 6.71 billion in 2021, and projected to reach USD 19.96 billion by 2028, at a CAGR of 18.2% over the forecast period.
Outsourcing Support for Preparation of MTD Tax Filing
Making Tax Digital (MTD) is a push by the UK government to gradually ease the tax filing process for both individuals and institutions, in order to improve their grasp on financial affairs.
IMS Decimal at the World Congress of Accountants 2022
IMS Decimal is participating at the World Congress of Accountants 2022, aka ‘Olympics of the Accountancy Profession’, which is being held from Nov 18-21, 2022 at Jio World Centre in Mumbai, India.
Impact of Inflation on the Finance and Accounting Industry
At present, the US and UK markets are experiencing an inflationary period, with the inflation rate in the US sitting at 8.3%, and the inflation rate in the UK recorded at 9.9%, as of August 2022.
Benefitting Break-Even Point (BEP) in Payroll Services
Tactical business decisions and break-even analysis (used to examine the relation between the fixed cost, variable cost, and revenue) run hand-in-hand that impact a business’ profitability, and help in calculating costs, budgeting, setting targets, and computing margin of safety.
A Snapshot of 2022 First Half – US and UK Outsourcing Finance and Accounting Industry
In a bid to thrive post-pandemic, since the beginning of 2022, outsourced Finance and Accounting companies are positioning themselves for a new growth opportunity – by curtailing expenses, accelerating digital and advanced technology solutions, and leveraging a sustainable environment.
