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To: David Jones who wrote (33270)6/12/2005 7:22:44 PM
From: tsigprofitRespond to of 306849
 
It's happening now. If it can be digitized and done on a telephone and computer - it can be outsourced.

Think any kind of white collar work for the most part done now on office. Knowledge work: computers, financial, taxes, accounting, legal services, research, certain biotech, this list goes on and on, and is expanding.

>>
>>>>watch out accountants, financial planners, tax preparers, etc, etc are continuing to decline.<<<<

That's kettle of fish. There would go all ones personal information to a country that most likely doesn't have laws protecting such info.
I've read a post here that some tax prep has gone off shore but I've not verified. I would certainly op out of such a contractor.



To: David Jones who wrote (33270)6/12/2005 7:24:15 PM
From: tsigprofitRead Replies (1) | Respond to of 306849
 
Outsourcing Tax Return Preparation and Its Implications

By Jay A. Soled

MARCH 2005 - The trend of outsourcing preparation of income tax returns overseas, particularly to India, began about five years ago and shows no signs of abating. Its popularity has grown as tax practitioners have come to appreciate its advantages.

The reason for this growing trend is threefold. First, there is an economic basis. Outsourced tax returns can be prepared in an cost-efficient manner by a highly skilled workforce. Moreover, outsourcing obviates the need for U.S. accounting firms to hire temporary staff during the busy tax season months of February, March, and April, and pay concomitant expenses (e.g., health-care costs and unemployment insurance). Although U.S. accounting firms’ experiences have varied, many have enjoyed tremendous labor-cost savings, often 50% or more per return.

nysscpa.org



To: David Jones who wrote (33270)6/12/2005 7:25:54 PM
From: tsigprofitRead Replies (1) | Respond to of 306849
 
Advanced Investment Mechanics India Pvt Ltd. India - Mumbai, Maharashtra
Outsourcing Global Financial Research
Advanced Investment Mechanics is a full service financial research services company serving clients in UK, US and India. It is our objective to be the leaders in the area of knowledge process outsourcing with a focus on financial markets. Advance...
Amy Ghosh United States - Los Angeles, CA
Attorney Liasion
I am an attorney in Los Angeles, and acting as the liasion of various outsourcing companies in India. The companies in India has capabilities to do payroll and accounting, website design and maintenance, call center operation including call center m...
Analytical Sourcing United States - Salt Lake City, UT
Business Analytical Solutions
Analytical Sourcing is a business analytical solutions provider that delivers high quality data analytics and performance management support to retail banks, consumer credit, auto finance, mortgage, small business and financial services. Our highly ...
Anbu Elangovan India - Chennai, Tamilnadu
Accounts Processing Outsourcing
Anbu Elangovan is a freelancer in accounts processing and legal drafting and legal opinion having been experienced for more than 30 years especially in accounting....
Anshuman Bardhan India - Raipur, Chhattisgarh
Finance Professional
I am a chartered accountant based in Chhattisgarh. I specialise in counsultancy services for non-governmental organisation, not for profit organisations. The services provided to NGO/NPO's range from proposal writing, grant management, selection of ...

Bhavesh Ratilal Kanani India - Mumbai, Maharastra
MBA - Finance, Exposed to US, UK i-Banks, Freelancer with a Difference
With an experience and exposure to the investment banks in US as well as UK, I find myself highly suitable for the outsourcing of projects. My work experience as a research analyst has taught me about the level of professionalism demanded by outsour...
BPO Accounting Services India - Chennai, Tamilnadu
Back Office Accounting and Finacial Services
A chartered accountant with a graduation in commerce. She has an excellent academic record combined with good analytical, problem solving and computing skills. She had served over three years in Bharat S. Raut & Co as an affiliate of KPMG wherein sh...
BRUPSS Outsourcing Private Limited India - New Delhi, India
Experts in Accounting, Payrolls and Tax Outsourcing
BRUPSS is a consulting company based in New Delhi, India and also having office at USA (New York). BRUPSS is promoted and managed by the qualified financial professionals. BRUPSS helps clients gaining competitive advantage by effective global outsou...
C-Saatra Solutions India - Pune, Maharashtra
Specialized Accounting and Book Keeping Services
C-Saastra Solutions is an outsourcing company engaged in providing accounting, BPO, payroll, tax filing and data processing services to the offshore clients. The prime objective of the company is to provide cost effective solutions to the small and ...
Cyrus Billimoria Pakistan - Karachi, Sind
Finance Professional
Experience United Bank Ltd. (April 2001 – To Date) - Currently working as “Vice President - Financial Controller” in United Bank Limited. Responsibilities - Managing the Bank’s Taxation Affairs. - Credit Rating, State Bank of Pakistan (Centr...
offshorexperts.com



To: David Jones who wrote (33270)6/12/2005 8:41:25 PM
From: bentwayRespond to of 306849
 
All kinds of things are being outsourced today:

Medical Lab tests:

inhome.rediff.com

Biomedical research:

mindbranch.com

Medical records services:

media-transcription.thuriam.com

Finance and accounting services:

accenture.com

Medical diagnosis outsourcing:

blonnet.com

It seems that China will do all the manufacturing and India will take all the services capable of being outsourced.