Taking on staff
Martin Brennan - Founder of Onside Accounting Limited - talks about taking on staff in the first year of his practice
Using outsourcing centres overseas can help small practices manage local staff shortages. Read our Accounting & Business article to find out more.
Outsourcing abroad brings risks - including a loss of oversight, missed deadlines, or mistakes, and can leave firms subject to claims or regulatory punishment. Before taking the decision to outsource, firms should ensure they have a clear strategy to mitigate these risks and be prepared to demonstrate this to insurers. Read this article by Lockton - ACCA UK's recommended broker for professional indemnity insurance - to find out more.