Quote:
Originally Posted by Unregistered
I think my firm has also realised offshoring is not a good plan and instead looking towards AI. You can tell by the number of initiatives to transform all work papers into standard ones, likely for AI to be doing the work. Unfortunate for those involved in this process, they will help the firm set this up nicely and then get replaced by AI.
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The issue with offshoring is not quality, it's mostly the legal issues associated with it especially data protection (we can't store them overseas for certain industries) and taxation. AI quality is equally bad if I have to be honest, but at least we can handwave the issues. Smaller accounting firms without banking clients are raking in fat cash with offshoring by hiring quality auditors at JB at starting 5k pay.