outsourced accounting india

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  • Published: March 26, 2025
  • Last Updated: June 11, 2025

Quick Reads

  • India’s accounting sector thrives with global giants and emerging firms alike, offering businesses diverse and dependable financial solutions.
  • The Big Four - Deloitte, PwC, EY, and KPMG bring deep-rooted expertise and global infrastructure tailored to India’s economic pulse.
  • Rising domestic firms like Whiz Consulting and CapActix offer agile, tech-savvy solutions at competitive pricing without compromising quality.
  • Choosing the right accounting partner requires weighing not just cost, but also scalability, technology, communication, and security.

India has a dynamic financial landscape and finding the right accounting firm is pivotal for supporting long-term success. The top players in the industry combine deep expertise with innovative solutions, empowering businesses to navigate complex regulations and optimize financial strategies. From global firms to local powerhouses, these top accounting firms are shaping India’s economic future. Their precision and tailored advice offer real value that can make or break a business.

The Top Accounting Firms in India

When choosing the right accounting firm, it’s essential to consider expertise, innovation, and global reach. Firms like Deloitte, KPMG, and PwC recognized as a top accounting firms in India, have set benchmarks in the industry, offering tailored solutions and cutting-edge technology.

Deloitte

Deloitte entered India in 1990s, quickly establishing itself as a top firm. It provides audit, tax, consulting, and advisory services. With an estimated workforce of 1,00,000 employees, it operates across 15+ cities in India, providing comprehensive finance and accounting services. Deloitte serves diverse industries, including financial services, healthcare, and technology. Moreover, its “Deloitte Greenhouse” program fosters innovation in finance and accounting solutions. This flagship provides clients with invaluable insights and customized solutions, enhancing decision-making and fostering growth.

KPMG

KPMG established its presence in 1993 and has since emerged as a prominent accounting firm in India. The company offers a range of services, including audit, tax, advisory, and consulting. Currently the company employs approximately 40,000 skilled professionals across its 10+ locations in India. Additionally, the firm serves key industries such as financial services, energy, and technology. Moreover, its “KPMG Clara” platform utilizes advanced analytics and AI to enhance finance and accounting solutions.

Ernst and Young

Ernst & Young (EY) entered India in 1989 and has since become a leading accounting firm. It offers services in assurance, advisory, tax, and transactions, catering to various industries like finance, technology, and healthcare. With around 100,000 employees across the country, EY operates in more than 10+ cities. Furthermore, the “EY Finance Transformation” program focuses on enhancing the efficiency, effectiveness, and agility of finance functions through innovative solutions, advanced technologies, and a deep understanding of industry-specific challenges.

PwC

PwC entered India in 1998 and has since become a top accounting firm. It offers services in audit, assurance, consulting, and tax, serving industries like energy, technology, and healthcare. With more than 50,000 employees in India, PwC operate across major metropolitan cities in the country. Furthermore, PwC’s “Finance Transformation” program helps clients improve their accounting processes. This, combined with their industry expertise and vast global network, solidifies PwC’s position as a leader in India’s accounting sector.

Grant Thornton

Grant Thornton India, established in 2001, offers a wide range of services, including audit, tax, and advisory. With a strong presence across India, it operates in over 12 cities in the country. The firm serves various industries, including manufacturing, healthcare, and technology. Employing over 10,000 professionals in India, Grant Thornton has expanded its footprint, providing tailored financial solutions. Moreover, it has earned recognition for its innovative approach to finance, helping businesses streamline operations and ensure compliance.

BDO India

BDO India, established in 2013, has swiftly ascended to prominence within the Indian accounting sector. Operating across 14 major cities, it employs over 11,000 professionals. The firm offers a comprehensive suite of services encompassing Assurance, Tax, Advisory, Managed Services & Outsourcing, Technology Products & Solutions, and Digital Transformation. Catering to diverse industries such as manufacturing, pharmaceuticals, financial services, and technology, BDO India extends its reach to international clients.

Lodha and Co.

Lodha & Co. was established in India in 1941, offering a wide range of services, including audit, tax, advisory, and outsourcing. The firm operates with over 500 employees across 6 offices in India. Moreover, it serves diverse industries such as manufacturing, real estate, technology, and healthcare. Furthermore, Lodha & Co. has a strong presence in countries like the UAE, the US, and the UK, providing tailored solutions to global clients. Its expertise has earned industry recognition for exceptional financial services.

SS Kothari Mehta

Established in 1960s in Kolkata, SS Kothari Mehta & Co. (SSKM) has expanded its presence to New Delhi, Mumbai, and Chandigarh, employing around 1,000 employees across India. The firm offers a comprehensive suite of services, including Audit & Assurance, Risk Advisory, Taxation, M&A Advisory, IT Risk Advisory, Accounting & Business Process Outsourcing, and Regulatory Compliance. Serving a diverse clientele spanning manufacturing, IT, financial services, and more, SSKM maintains a PAN India presence through a network of associates.

Luthra & Luthra

Established in 1979, Luthra & Luthra LLP is a distinguished professional services firm headquartered in New Delhi. Employing over 200 professionals across offices in New Delhi, Mumbai, Bengaluru, and Hyderabad, it offers a comprehensive suite of services, including audit, tax, advisory, corporate taxation, IFRS, accounting. The firm caters to a diverse clientele, encompassing large corporations, multinational companies, financial institutions, and government entities.

RSM India

Established in 1984, it is a member of RSM International, the sixth-largest global network of independent audit, tax, and consulting firms. As of 2025, RSM India employs approximately 1,200 professionals across its offices in major Indian cities. The firm offers a comprehensive suite of services, encompassing internal audit and risk advisory, domestic and international taxation, corporate advisory and structuring, financial process outsourcing, IT systems assurance, GST advisory and compliance, and AS advisory, and consulting services

Top 10 Global Accounting Outsourcing Firms in India

When considering accounting outsourcing services to India, several firms stand out for their innovation and global reach. Leading names like QX Accounting, Outbooks, and Whiz Consulting have shaped the industry with their expert solutions. Curious about how these firms, along with others like Meru Accounting and Finsmart, are transforming the financial landscape? Read on to discover more.

Outsourced Accounting Firms in India

QX Accounting

QX Accounting Services, established in 2008, is a distinguished outsourcing partner for accounting firms. With a dedicated workforce of over 1, 000 professional virtual accountants, they serve global clients across the UK, US, and Ireland. Their expertise spans across accounting, bookkeeping, AP/AR management, payroll processing, audit, and tax services, utilizing software such as Xero, QuickBooks, and Sage.

Outbooks

Outbooks, founded in 2008, is an India-based accounting outsourcing firm serving clients across the UK, USA, Australia, and Ireland. With over 400 professionals offering versatile services such as bookkeeping, payroll, accounts payable, tax consultancy, year-end accounts, and company secretarial support. Their expertise spans software like QuickBooks, Xero, Sage, and Zoho Books.

CapActix

CapActix Business Solutions, established in 2015, is a distinguished offshore accounting firm headquartered in Ahmedabad, India. Employing over 85+ professionals, CapActix offers a comprehensive suite of services, including bookkeeping, tax preparation, payroll processing, audit support, and virtual CFOs services. The company serves clients across multiple countries, including the USA, Canada, Australia, Dubai, and East Africa. CapActix is proficient in accounting software such as QuickBooks Online and Xero fostering accounting automation and faster decision-making.

OHI

OHI (OutsourcingHubIndia), established in 2006, stands as a testament to enduring expertise in outsourced accounting services. With a dedicated team of over 500 professionals, it serves clients across the USA, Canada, and UK. Specializing in real estate, logistics, and professional services, OHI offers comprehensive services including accounts payable, receivable, payroll, financial analysis, and year-end reporting. Proficient in software such as QuickBooks, Xero, NetSuite, Yardi, and AppFolio, OHI ensures tailored solutions for diverse business needs.

Whiz Consulting

Whiz Consulting, founded in 2013, is a prominent financial outsourcing firm based in Noida, India. With a dedicated team of over 120+ experts, it offers comprehensive offshore accounting services, including bookkeeping, payroll processing, financial reporting, tax preparation, and internal audit support. Serving hundreds of clients across the USA, UK, Australia, UAE, and India, Whiz Consulting brings versatility in their solutions by specializing in cloud-based accounting tools such as QuickBooks, Xero, and NetSuite. Moreover, their services cater to clients across various industries such as healthcare, real estate, e-commerce, and hospitality. The firm is also recognized for its commitment to quality and client satisfaction and has been accredited with various certifications including ISO 27001 and IACC.

Global FPO

Global FPO, founded in 2012 and headquartered in Noida, India, is a distinguished provider of outsourced accounting services. With a dedicated team of over 500 professionals, the firm offers comprehensive solutions including bookkeeping, invoice processing, payroll, tax filing, and financial reporting. Serving clients across the USA, UK, Europe, Canada, Australia, and New Zealand, Global FPO specializes in software such as QuickBooks, Xero, and MYOB.

Meru Accounting

Meru Accounting, established in 2012 and headquartered in Ahmedabad, India, offers comprehensive outsourced accounting services. With a dedicated team of over 500 professionals, they serve clients across the globe. Their expertise spans QuickBooks, Xero, Zoho Books, NetSuite, Sage, and Odoo, among others. Meru Accounting is also a Xero Gold Partner and integrates over 95 cloud add-ons, enhancing their service delivery.

Mindspace Outsourcing

Mindspace Outsourcing, founded in 2007 and headquartered in Jaipur, India, offers comprehensive outsourced accounting services. With a team of around 200+ professionals, they serve clients across the USA, UK, Canada, Australia, UAE, Ireland, and New Zealand. Their expertise encompasses QuickBooks, Xero, Sage, MYOB, and more. Notably, Mindspace holds ISO 9001 & 27001 certifications, underscoring their commitment to quality and data security.

Invensis

Invensis, founded in 2000 and headquartered in Bengaluru, India, offers comprehensive offshore accounting services to global clients. With a workforce exceeding 5,000 experts, they a huge global clientele across multiple industries. Their service portfolio includes accounts payable and receivable, bookkeeping, payroll processing, tax preparation, financial analysis, and reporting. Invensis is proficient in using accounting software such as QuickBooks, Xero, NetSuite, Sage, and FreshBooks.

Finsmart Accounting

Founded in 2000, Finsmart Accounting is headquartered in Pune, India, with additional offices in Mumbai and New York. The firm specializes in outsourced bookkeeping, payroll, accounts payable and receivable, tax preparation, budgeting and forecasting services. Employing over 200 professionals, Finsmart serves clients across seven countries, including the USA, UK, Australia, Singapore, and Europe. They are proficient in accounting software such as NetSuite, Xero, Zoho, SAP, Salesforce, Sage, Oracle, and Tally. Notably, Finsmart offers a flexible “Accounting Seat” model, providing scalable, subscription-based accounting resources tailored to clients’ needs.

How to Choose the Right Outsourced Accounting Company

India has emerged as a leading destination for companies seeking to establish accounting operations or tap into a skilled talent pool for outsourced financial services. With a vast array of reputable accounting outsourcing firms available, selecting the right partner can be a complex decision. However, by carefully evaluating several critical factors, organisations can streamline the selection process and make informed choices. Below are key considerations to keep in mind when engaging an outsourced bookkeeping service provider:

accounting firm in India

1. Look for Industry-Specific Experience

Select an accounting outsourcing partner with demonstrated experience in your specific industry. A provider familiar with your sector’s regulations, reporting standards, and operational nuances can deliver more accurate and compliant bookkeeping services. Moreover, their industry expertise ensures they understand your unique business challenges and can provide tailored solutions that align with your organisation’s requirements.

2. Prioritise Accounting Automation

When evaluating an outsourced accounting partner, prioritise firms that facilitate accounting automation. Leading Indian outsourcing companies invest heavily in advanced accounting software, cloud platforms, and AI-powered automation tools to streamline financial processes and boost accuracy. They are adept at using globally recognised systems such as QuickBooks, Xero, Sage, SAP, Zoho, and NetSuite, ensuring seamless integration with your existing financial infrastructure.

3. Evaluate Their Communication Practices

Your outsourced accounting experience should always feel connected, not distant. Choose an outsourced accounting firm that offers clear communication channels (MS Teams, Slack, Zoom, and Google Meet), provides regular updates, and ensures easy access to your offshore accountants. Considering there is an overlap in business hours, an effective communication system ensures the offshore and onshore teams work together efficiently and minimise the chances of errors and omissions.

4. Understand Their Security Protocols

When considering offshore accounting, ask about certifications, encrypted systems, and compliance measures. Reputable firms in India implement robust protocols to safeguard sensitive financial information.

These measures include the use of advanced encryption for data in transit and at rest, multi-factor authentication, and strict access controls. They adhere to global standards and comply with international regulations like GDPR, ensuring legal and regulatory compliance for clients worldwide.

5. Ensure They Can Scale with You

As your operations grow, it can significantly alter your accounting needs. What your business requires today could look vastly different a year from now. A scalable outsourced accounting service provider will offer flexible solutions that can effortlessly grow and adapt alongside your business, ensuring continuous support without disruptions.

6. Focus on Long-Term Value, Not Just Price

Choosing a cheaper outsourced accounting firm doesn’t guarantee you quality standards. You need to go through the service quality, reliability, and added support. Offshore accounting is cost-effective, but the real benefit lies in getting consistent, high-quality expertise at every stage of your business journey.

The Final Note

As India continues to rise as a hub for accounting excellence, firms like Deloitte, KPMG, and PwC pave the way with global expertise and tailored solutions. At the same time, emerging players such as BDO India and Whiz Consulting bring innovation and localized service offerings. With accounting outsourcing services in India becoming increasingly popular, businesses can now leverage the unique strengths of both established and emerging firms to navigate complex financial challenges and enhance operational efficiency.

Sources

  • https://finance.siliconindia.com/ranking/international-accounting-firms-in-india-2025-rid-2402.html
  • https://www.catestseries.org/blogs/top-ca-firms-in-india-for-chartered-accountants.php
  • https://www.designrush.com/agency/accounting/in
  • https://www.invensis.net/blog/top-accounting-companies-in-india
  • https://superbcompanies.com/categories/accounting-firms-in-india/
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Kritika

Kritika

Kritika is a seasoned fintech writer with 4+ years of experience, specializing in virtual accounting, financial reporting, offshore accounting, and ecommerce accounting. She simplifies complex accounting and bookkeeping concepts, making financial management more accessible for the readers.

Have questions in mind? Find answers here...

Outsourced accounting services offer cost savings, access to skilled professionals, and improved financial accuracy. They also ensure compliance with local and international regulations, making them a smart choice for growing businesses.

Evaluate each firm based on industry experience, scalability, and tech capabilities. Look for firms offering tailored outsourced accounting services that align with your goals, nature of business, and workflow preferences.

Accounting outsourcing in India offers skilled talent, competitive pricing, and a strong understanding of international standards. These advantages make India a global hub for reliable outsourced accounting services.

Reputable firms in accounting outsourcing India use encrypted systems, NDA agreements, and regular audits to ensure your financial data stays secure and compliant with global data protection norms.

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