About this episode
Hector and Alicia discuss outsourcing in the accounting industry. They explore the economic implications, educational aspects, and potential benefits and drawbacks of outsourcing accounting work to other countries. The conversation evolves from discussing the immediate impacts of outsourcing to broader topics like educational reform and the need to prepare future generations for financial literacy and accounting careers. The hosts conclude by emphasizing the importance of passing on financial knowledge to younger generations and promoting U.S.-based accounting talent, while also sharing updates about their own educational initiatives in the accounting field. Sponsors Client Hub- https://uqb.promo/clienthub Melio - https://uqb.promo/melio The Small Business Research Institute - https://uqb.promo/ceanow (00:00) - Introduction and Wheel of Rants (02:05) - Outsourcing in the Accounting Industry (03:33) - Nearshoring and Global Labor Markets (07:41) - Economic Impact and Data Security (14:56) - Transparency in Outsourcing (18:53) - Trust, Responsibility, and Industry Changes (22:12) - Education Systems and Workforce Skills (29:56) - Financial Education Initiatives (31:43) - Call to Action: Educating the Next Generation (33:41) - Economic Implications and Future Challenges (35:07) - Closing Thoughts and Personal Updates Send your Questions/Comments (we could read/answer them on air) ask@uqapodcast.com Links/Apps Mentioned in this episode: Alicia's article on QuickBooks Expert Assisted Bookkeeping - https://royalwise.com/alicias-thoughts-about-qb-expert-assisted-bookkeeping/ Hector's App - RightTool www.righttool.app Alicia's Training - RoyalWise http://royl.ws/uqapodcast Alicia’s QBO Products, Services, and Inventory Course - http://royl.ws/qbo-Inventory QuickBooks Connect Conference www.quickbooksconnect.com QuickBooks Tricky Situations: http://royl.ws/QBOtricks Next-Level Accounting: http://royl.ws/NextLevelAccounting Check out Alicia’s step-by-step QBO Textbooks at http://www.questivaconsultants.com The Comprehensive Guide to Converting from QuickBooks® Desktop (QBDT®) to QuickBooks® Online (QBO®) https://www.amazon.com/dp/B0D8L29Z5L QuickBooks Online: From Setup to Tax Time https://www.amazon.com/dp/B0CXZB1R95 Sign up to Earmark to earn free CPE for listening to this podcast https://www.earmark.app/onboarding Download the Earmark CPE App Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728 Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.app