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K2's 2024 Effective Automation and Outsourcing

Friday, May 2
 2:00pm - 3:00pm

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1.00 Credits

Member Price $39.00

Non-Member Price $59.00

Overview

Automation and outsourcing offer viable options for addressing today’s labor issues. In this session, you will learn about the potential benefits and risks associated with automation and outsourcing.

Objectives

  • Identify at least three business processes that can be made significantly more cost-effective using automation and outsourcing
  • Identify at least three tasks that are not appropriate for offshore outsourcing and automation
  • Identify at least one service provider or technology solution discussed in the course which provides a solution to a common accounting-oriented task
  • List examples of why outsourcing and automation have been used in enterprises and multinationals but have weak adoption in small and mid-sized businesses

Highlights

  • Overview of how firms and businesses currently use automation and outsourcing
  • Discussion of the management and regulatory compliance issues with offshore and onshore outsourcing use in small and mid-size organizations
  • Review of which tasks are best suited for offshoring, which solutions are best for onshore outsourcing, and which solutions can be solved with technology
  • Discussion of specific solution providers which provide solutions for tax and accounting firms as well as internal accounting departments

Designed For

Accounting professionals who are considering the use of automation and outsourcing in their work

Prerequisites

Fundamental understanding of business-related technology

Preparation

None

Notice

Your webinar can be accessed via https://ctcpas.acpen.com/Account/loginhttps://ctcpas.acpen.com/. If you do not have an ACPEN account, please sign up for an account using the email address you have on file with CTCPA.

Leader(s):

Leader Bios

Thomas Stephens Jr., Shareholder, K2 Enterprises, LLC

Tommy Stephens received a Bachelor of Science in Business Administration degree (Major in Accounting) from Auburn University in 1985. In 1992, he earned a Master of Science degree (Major in Finance) from Georgia State University in Atlanta. Presently, Tommy is a Certified Public Accountant, a Certified Information Technology Professional, and a Chartered Global Management Accountant.

During his professional career, Tommy has gained valuable experience in a variety of positions, including:

• Working as an auditor and technology consultant for an Atlanta-based public accounting firm; • Leading an Internal Audit staff and managing a Cost Accounting team for a Fortune 500 company; • Serving as a Chief Financial Officer for an international engineering organization; and • Founding and managing his public accounting firm that provides accounting, tax, and consulting services to individuals and a variety of small and emerging businesses.

In 1995, Tommy began authoring and presenting continuing professional education courses to accounting and finance professionals. In 2003, he affiliated with K2 Enterprises, and in 2007, he joined the firm as a partner. Over the past twenty-seven years, Tommy has presented over 2,900 educational sessions to over 73,000 participants throughout the United States and Canada.

Tommy maintains professional memberships with the American Institute of Certified Public Accountants and the Georgia Society of Certified Public Accountants. Additionally, he is a past member of the Institute of Internal Auditors.

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Non-Member Price $59.00

Member Price $39.00