No doubt, setting up an offshore team is a rewarding process; otherwise, none of the big Accounting Firms would do so, but it requires 100% commitment and realistic expectations. At Star Sterling Outsource we have experienced repositioning firm or business as forward-looking ‘advisers’ rather than historical data reporting accountants is the primary reason firms set up offshore teams. The overseas team prepares financials, and the home team focuses on high-value advisory, business development, and growing the firm. Star Sterling Outsource have provided a detailed service flow overview of the process. However, for the successful implementation of offshore strategy, it’s paramount that the entire process is clearly laid out from the outset.
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