One of the biggest challenges for global auditing and accounting networks is attracting and retaining talent and as a result, having sufficient and appropriate resources to serve clients effectively and efficiently.

Therefore, many accounting firms are considering inter-firm resource sharing, commonly referred to as outsourcing, with other firms within their networks or associations. This allows them to access a broader talent pool and overcome talent shortages. The bigger firm networks already have infrastructures and mechanisms in place to share resources among their firms.