US CPA firms are looking at setting up satellite offices in India I Offshoring I Outsourcing

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About the video - Dive into the world of offshore consulting opportunities with the founder of a Toronto-based consulting firm. It is helping US CPA firms set up offshore offices in India. He shares insights on: The lucrative business model behind these offshore setups, strategies for connecting with CPA firms, accountant shortage in the US, overcoming challenges, and capitalizing on growth opportunities.
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Timestamps
00:00 - Live stream starts
01:54 - Introduction
03:30 - MBA in the US then moving to Canada
06:29 - Huge offshore consulting opportunity for US CPA firms
07:45 - Fee structure for your offshore consulting firm.
09:07 - Challenges of an offshore consulting firm
11:05 - Process of a US CPA firm setting up a satellite office
16:51 - Picking a city for the US CPA firm's satellite office
19:17 - Cost of setting up an offshore office in India
20:42 - What are the risks of setting up a satellite office in India
24:07 - Are CPA firms interested in building a satellite office
25:35 - Number of mid and small-size CPA firms in the US
30:08 - Is there a specific type of CPA firms that open offshore offices?
31:56 - 300,000 Accountants in the US quit. Why?
34:03 - On US CPA firms hiring expat accountants
35:12 - Services midsize CPA firms focus on
36:58 - How can Indian firms connect with US CPA firms?
39:24 - Do you work with Indian CA firms?
41:34 - How can Indian CA firms connect with you for work?
43:05 - Indian regulations on building an offshore office
45:10 - Have CPA firms come across any challenges when building an offshore office?
47:22 - Heads up before approaching CPA firms.
51:28 - Is US presence necessary to get offshore work?
53:01 - Can due diligence be outsourced to India?
54:14 - Private equity's eyeing CPA firms
57:17 - Final message

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