Why accounting and CPA firms outsource
Several factors are contributing to the growth of accounting outsourcing from the US, UK, and Australia to India. These are summarized below.
CPA Retirements
A large share of currently practising CPAs in the US are at or near retirement age.
Fewer New Entrants
CPA exam candidacy has declined to some of its lowest levels in nearly two decades.
Hiring Constraints
Firm hiring managers commonly report that qualified accounting staff are harder to find than in previous years.
India's Talent Base
India has more than 400,000 Chartered Accountants, with a growing number also holding or pursuing the US CPA credential.
Eight service lines
Engagements typically begin with bookkeeping and expand over time into tax preparation, payroll, CFO-adjacent advisory, secretarial, forensic, and audit work, depending on the firm's requirements. Each service line follows a maker-checker process: one team member prepares the work, a separate reviewer checks it, and the output is then sent to your firm for final review and sign-off.
Bookkeeping, AP & AR
Ongoing books-of-account management, typically the first service firms outsource.
- Transaction coding and bank/credit card reconciliations, with AI-assisted categorization used for routine entries and reviewed by a preparer before delivery
- Accounts payable processing — invoice capture, three-way matching, vendor statement reconciliation, and payment batch preparation
- Accounts receivable management — invoicing, collections follow-up, and customer statement reconciliation
- Month-end and year-end close, following a documented close checklist and cut-off procedures for each client
- Bookkeeping catch-up and clean-up for new or delinquent client files, scoped and quoted separately from ongoing work
- Financial statement preparation and management reporting, delivered on your platform — QuickBooks, Xero, NetSuite, or Sage
Tax Preparation
Return preparation and workpaper support for individual and business filings, prepared to your firm's workpaper standard.
- Individual return preparation (Form 1040 and equivalents)
- Business return preparation — S-corp, partnership, and exempt-organization filings
- Multi-state and multi-jurisdiction apportionment schedules, nexus workpapers, and supporting reconciliations
- Extension tracking, diagnostics clearing, and e-file-ready packages built around your review workflow
- Source-document organization and client query lists prepared in advance of review
Payroll & Multi-State Compliance
Processing support for recurring payroll cycles and the filings around them.
- Multi-state payroll processing, reconciliations, and journal entries
- Quarterly and annual payroll tax filing support, plus year-end W-2 and 1099 preparation
- Sales and use tax return preparation across multiple filing jurisdictions, including nexus tracking
- Statutory and regulatory filing support, under your firm's oversight and sign-off
CFO & Controller Services
For firms that offer outsourced-CFO or fractional-controller services to their own clients, this is the recurring, month-in-month-out bench work behind that offering — done to a fixed calendar, so your firm's advisory conversation is never held up by the numbers not being ready.
- Recurring monthly close and management-reporting cycles, run to a fixed calendar
- Budgeting, rolling cash-flow forecasting, and budget-vs-actual variance analysis
- KPI dashboards and reporting packages built to each client's industry
- Controller-level workpapers and supporting schedules, and CFO-level board and investor reporting packs
Audit & Assurance Support
Working paper preparation and planning support for audit and assurance engagements.
- Audit planning support, PBC list tracking, and follow-up on outstanding client items
- Preparation of working papers, lead schedules, and supporting reconciliations, built to your firm's audit methodology
- Substantive and analytical testing support, executed to the sampling approach the engagement requires
- Confirmation tracking and documentation of walkthroughs and internal control narratives
International Tax & Cross-Border Support
For clients with India-linked exposure — NRIs, expats, dual filers, or a business with an Indian subsidiary or branch — we can also handle the India-side work directly.
- Workpaper support for foreign entity and foreign asset reporting schedules, prepared under your review and filing authority
- Coordination with our domestic India tax, FEMA/RBI, and corporate law practice for clients whose structure touches Indian compliance
- A single point of contact for engagements that would otherwise require a separate offshore vendor for the India-side work
Corporate Secretarial Services
Secretarial work is unglamorous and unforgiving in equal measure — one missed filing or one badly worded resolution can create a real problem years later. We handle the back-office side of it, so your firm's compliance team is signing off on finished work, not chasing paperwork.
- Entity formation and registered-agent support workpapers for new client onboarding
- Minute book maintenance, resolution drafting, and statutory register upkeep
- Annual report and franchise tax filing tracking across jurisdictions
- Cap table and equity issuance record-keeping support
Forensic Accounting & Business Valuation
Forensic and valuation engagements demand a level of documentation rigor that's hard to staff for on a one-off basis. We provide that bench on an as-needed basis, working the file under your engagement lead's direction and sign-off throughout.
- Workpaper support for fraud investigation and financial irregularity reviews, prepared under your firm's engagement lead
- Business and asset valuation support for M&A, financing, and regulatory purposes
- Litigation support schedules and loss quantification workpapers
- Employee Retention Credit and similar credit-claim documentation review, where applicable
Engagement models
We work either as a dedicated resource assigned to a firm on an ongoing basis, or on a project basis for defined pieces of work. Dedicated engagements are billed on a fixed monthly or hourly retainer; project work is scoped and quoted per engagement.
Platforms we work on
Work is delivered on the client firm's existing software.
QuickBooks Online & Desktop Xero NetSuite Sage CaseWare CCH Axcess / ProSystem fx Drake & UltraTax CS Thomson Reuters GoSystem Karbon & secure client portalsOnboarding process
Discovery Call
Scope of work, volumes, platforms, and review cadence are discussed and documented.
NDA & Engagement Terms
A mutual non-disclosure agreement is executed and engagement terms are finalized before any file or credential is shared.
Structured Onboarding
Access setup and process documentation, followed by a trial batch reviewed against the firm's standards before full volume begins.
Go-Live
The assigned team begins work, with a quality-review layer and a shared tracker for turnaround and status.
Firms of different sizes and structures
Solo Practitioners & Small Firms
Additional capacity during busy season without a full-time hire.
Mid-Size & Regional Firms
A standing offshore team across bookkeeping, tax, and audit support.
Bookkeeping & Accounting Firms
Back-office capacity that can be delivered under the client firm's own branding.
Multi-Location & PE-Backed Groups
A common offshore delivery layer across several affiliated practices.
How engagements are structured
Partner-Led Review
Engagements are overseen at leadership level, alongside the maker-checker review at the working level.
India-Side Coordination
Where a client's file touches India — an NRI, an Indian subsidiary, an inbound investment — that work can be handled directly rather than referred to a separate vendor.
Location
The team is based in Jaipur, working alongside our domestic tax, legal, and advisory practice.
Turnaround Tracking
A shared tracker and a named point of contact for status updates on ongoing work.