Press Release

DKM Announces Outsourcing as Structural Component of SMSF Compliance in Australia

DKM has announced that outsourcing has become a structural component of SMSF compliance in Australia, shifting from a temporary solution to an embedded part of accounting operations.

— DKM has announced that outsourcing is now a structural component of SMSF compliance for accounting firms in Australia. The development signals a significant transformation in how superannuation administration and compliance tasks are managed, shifting from outsourcing as a temporary measure to outsourcing as embedded infrastructure within standard workflows.

Sydney-based firms have adopted offshore support as an integral part of daily operations, particularly in the management of lodgements, reconciliations, and audit preparation. For a modern smsf accountant, offshore resourcing is no longer regarded as an optional strategy but as a critical element of practice management. The integration of global resources is allowing firms to deliver work at scale while maintaining local expertise for higher-value services.

The Philippines continues to play a central role in this transition. In 2024, the country’s business process outsourcing sector generated more than USD $38 billion in revenue, according to the IT and Business Process Association of the Philippines. Australian firms accounted for a significant proportion of that figure, with accounting, legal, and financial services among the most active industries engaging offshore teams. This dynamic illustrates the growing reliance on overseas professionals to support compliance-heavy sectors, including superannuation.

According to David Maj, Director of DKM Accounting, the purpose of outsourcing has moved beyond financial considerations. Offshore resources are now viewed as a means of enabling scalability and sustaining consistent compliance delivery. This approach allows local teams to prioritise responsibilities such as client advisory, audit coordination, and strategic oversight, while offshore teams manage essential data preparation and processing tasks. The result is a clearer division of responsibilities across jurisdictions, aligned through technology and shared systems.

Cloud-based ledgers, compliance task management systems, and templated documentation processes are now being deployed in ways that allow both local and offshore teams to work interchangeably. These tools enable real-time collaboration and support consistency in outcomes regardless of where the work is performed. With aligned time zones and increased investment in targeted training, offshore professionals are being incorporated not only into administrative functions but also into specialised compliance workflows tied directly to Australian regulations.

This shift marks a change in industry attitudes. What once carried perceptions of risk is now viewed as essential infrastructure. For an smsf accountant managing complex reporting obligations, the absence of offshore integration may now pose greater operational challenges than its adoption. Firms that previously hesitated to engage with outsourcing models are increasingly recognising that compliance demands and client expectations require a more flexible, scalable structure.

The Australian Taxation Office continues to expand reporting requirements and enforce audit independence rules, increasing the operational burden on SMSF administrators and advisers. The adoption of blended local and offshore teams is becoming a response to these pressures, providing firms with the capacity to deliver regulatory compliance without expanding domestic headcount at the same rate.

DKM highlights this transition as part of a broader structural shift in SMSF compliance. Outsourcing has developed into a built-in component of how the sector operates, underpinning the systems and practices that define modern accounting operations in Australia.

Contact Info:
Name: Irish
Email: Send Email
Organization: DKM
Website: https://www.dkmaccounting.com.au/

Release ID: 89168922

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