Making Accounting a Fun Profession in The Outsource Insider Issue 10

Welcome to “The Outsource Insider”, dispatched to you biweekly by Finsmart Accounting, where we share insights, resources, and a little fun - designed for firms to grow with offshore talent.

🌍 The Global Edge

“I tried to run my business creatively. It would show in the different ways I would show up and the things I would do, and the clients could resonate with. We had a photo shoot where everybody brought their personality with them. Just the things I did attracted the people that didn’t like the perception of accounting being boring, and they wanted to work with a fun accountant,” says Scotty Scarano, President of Padgett and the host of the Accounting High podcast.

In his latest conversation with Maanoj Shah, offshoring expert and Co-Founder of Finsmart Accounting, at the Smart Outsourcing Talks, Scotty revealed an important aspect - the perspective with which the accounting industry is viewed. We keep talking about the talent shortage. What we often fail to realize is the outlook that the new generation of accountants has towards the industry.

Same boring work with no scope for innovation or newness, accountants being tied to their desks - all of it can seem quite repelling for Gen-Z and Gen Alphas. Scotty has been doing his bit to break this view of the industry. The accounting work, in itself, can get quite repetitive. The way we work is what can bring about the change. Scotty talks about his own struggle as to how it took him time to become better at what he does.

“I was terrible at it in the beginning. I was interrupting people, and I didn’t know what I was doing on the podcast. I was just learning. I was learning to be a better listener, too. That was such a thrill, the early days. And then I started being recognized at the conferences and hearing that I was helping and inspiring people. So that’s what fueled more of the growth and creativity.”

Watch the complete conversation here:

📚 What We’re Reading

Many accounting firms face turmoil with their clients. Sometimes the engagements even go off. But often, there is no one single reason for the partnerships to take a downturn. However, there is one key reason that emerges - the client readiness gap.

It is the struggle that firms experience in collecting and validating all the necessary information from their clients to complete engagements efficiently.

This article explores how firms can effectively close the readiness gap, and we are hooked.

Read The Entire Article Here

🔦 Finsmart Spotlight

AI or offshoring?

Are you one of those firms that is torn between choosing which is the best solution for your business? Well, many argue, it’s best to remove as many people as possible and adapt to technology, while for others, the human touch is more important than ever.


The most successful firms are the ones that do a blend of AI and offshoring for their business. It is not AI vs. offshoring; they go hand-in-hand.

Know more about how you can blend the two in this Finsmart article

💰 Free Growth Resource

Will you actually reap the ROI that your offshoring partner tells you?

Instead of believing what someone else tells you, it’s time to calculate it all yourself. This offshoring ROI calculator helps in navigating the intricacies of the individual components that are involved in offshoring.

Download the offshoring ROI calculator now

🧑‍💼 Meet Your Future Team

At Finsmart Accounting, our teams work directly with accounting firms (clients) from Day 1. We hire experienced professionals who are fully capable of tackling crises and are always prepared to put their best foot forward to solve their clients’ problems.

In this issue of The Outsource Insider, we present to you one of our Account Managers, Shweta Katkar.

• With 2 years of experience in US Accounting, Shweta is a detail-oriented individual

• She has a strong foundation in Accounts Payable & receivable and ensures all financial transactions are processed smoothly and efficiently

• She has a keen eye for accuracy and a commitment to maintaining seamless operations

😄 Funsmart Corner

📅 What’s Coming Up

Finsmart Accounting will be attending upcoming accounting conferences to discuss accounting, offshoring, and more. We hope to see you there!

1. Name of the event: CCH Conference
   Date: 20-23 October
   Location: San Diego
   Event Highlights:
   
   - Meet Maanoj Shah, Co-Founder and Director of Finsmart Accounting, and an offshoring expert.

• Meet Sharvari Gandhi, US Tax VP of Finsmart Accounting
  - Engage in conversations about accounting, offshoring, and more.
  
  
  

• Name of the event: Intuit Conference
  Date: 27-29 October
  Location: Las Vegas
  Event Highlights:
  
  🌍 The Global Edge
  
  “I tried to run my business creatively. It would show in the different ways I would show up and the things I would do, and the clients could resonate with. We had a photo shoot where everybody brought their personality with them. Just the things I did attracted the people that didn’t like the perception of accounting being boring, and they wanted to work with a fun accountant,” says Scotty Scarano, President of Padgett and the host of the Accounting High podcast.
  
  In his latest conversation with Maanoj Shah, offshoring expert and Co-Founder of Finsmart Accounting, at the Smart Outsourcing Talks, Scotty revealed an important aspect - the perspective with which the accounting industry is viewed. We keep talking about the talent shortage. What we often fail to realize is the outlook that the new generation of accountants has towards the industry.
  
  Same boring work with no scope for innovation or newness, accountants being tied to their desks - all of it can seem quite repelling for Gen-Z and Gen Alphas. Scotty has been doing his bit to break this view of the industry. The accounting work, in itself, can get quite repetitive. The way we work is what can bring about the change. Scotty talks about his own struggle as to how it took him time to become better at what he does.
  
  “I was terrible at it in the beginning. I was interrupting people, and I didn’t know what I was doing on the podcast. I was just learning. I was learning to be a better listener, too. That was such a thrill, the early days. And then I started being recognized at the conferences and hearing that I was helping and inspiring people. So that’s what fueled more of the growth and creativity.”

  Watch the complete conversation here:

  📚 What We’re Reading

  Many accounting firms face turmoil with their clients. Sometimes the engagements even go off. But often, there is no one single reason for the partnerships to take a downturn. However, there is one key reason that emerges - the client readiness gap.
  
  It is the struggle that firms experience in collecting and validating all the necessary information from their clients to complete engagements efficiently.

  This article explores how firms can effectively close the readiness gap, and we are hooked.
  
  Read The Entire Article Here
  
  

  🔦 Finsmart Spotlight

  AI or offshoring?
  
  Are you one of those firms that is torn between choosing which is the best solution for your business? Well, many argue, it’s best to remove as many people as possible and adapt to technology, while for others, the human touch is more important than ever.
  
  
  The most successful firms are the ones that do a blend of AI and offshoring for their business. It is not AI vs. offshoring; they go hand-in-hand.
  
  

  Know more about how you can blend the two in this Finsmart article

  💰 Free Growth Resource

  Will you actually reap the ROI that your offshoring partner tells you?
  
  Instead of believing what someone else tells you, it’s time to calculate it all yourself. This offshoring ROI calculator helps in navigating the intricacies of the individual components that are involved in offshoring.
  
  Download the offshoring ROI calculator now

  🧑‍💼 Meet Your Future Team

  At Finsmart Accounting, our teams work directly with accounting firms (clients) from Day 1. We hire experienced professionals who are fully capable of tackling crises and are always prepared to put their best foot forward to solve their clients’ problems.
  
  In this issue of The Outsource Insider, we present to you one of our Account Managers, Shweta Katkar.
  
  

  • With 2 years of experience in US Accounting, Shweta is a detail-oriented individual

  • She has a strong foundation in Accounts Payable & receivable and ensures all financial transactions are processed smoothly and efficiently

  • She has a keen eye for accuracy and a commitment to maintaining seamless operations

  

  😄 Funsmart Corner

  

  📅 What’s Coming Up

  Finsmart Accounting will be attending upcoming accounting conferences to discuss accounting, offshoring, and more. We hope to see you there!

  1. Name of the event: CCH Conference
     Date: 20-23 October
     Location: San Diego
     Event Highlights:
     
     Meet Maanoj Shah, Co-Founder and Director of Finsmart Accounting, and an offshoring expert.

  • Meet Sharvari Gandhi, US Tax VP of Finsmart Accounting.

  • Engage in conversations about accounting, offshoring, and more.
    
    

  2. Name of the event: Intuit Conference
     Date: 27-29 October
     Location: Las Vegas
     Event Highlights:
     
     Meet Maanoj Shah, Co-Founder and Director of Finsmart Accounting, and an offshoring expert.

  • Meet Sharvari Gandhi, US Tax VP of Finsmart Accounting.

  • Engage in conversations about accounting, offshoring, and more.
    
    

  See you next time!Meet Maanoj Shah, Co-Founder and Director of Finsmart Accounting, and an offshoring expert.

  • Meet Sharvari Gandhi, US Tax VP of Finsmart Accounting
    - Engage in conversations about accounting, offshoring, and more.
    
    

See you next time!