Due to advances made in the field of telecommunications it has become easy to transfer various accounting activities to offshore locations. Although other Asian and European countries are involved, India is recognised as the preferred location because labor supply is both cheap and plentiful. The following is a list of commonly outsourced accounting services: Company start-up and Secretarial services Bookkeeping Statutory accounts VAT returns Corporate & personal tax returns Payroll services Management accounts Credit control Cash flow projections Budgeting & forecasting Financial reporting VISHAL KURANI Bringing forth rich marketing experience in the accounting industry, Vishal blends his wealth of knowledge and creativity to educate accountants about the pressing industry issues. He is passionate about marketing and helps accountants scale their practice through his detailed write-ups. Unauthorized copying or plagiarism of our content is a violation of intellectual property rights. We take such matters seriously and will pursue legal action to protect our original work. Anyone found engaging in such activities will be held accountable under applicable laws. Originally published Jan 10, 2015 06:01:32, updated Aug 09 2024 Topics: Don't forget to share this post! Most Popular The Future of Audit: Trends and Innovations for 2024 and Beyond Audit | 14 MIN READ Internal Vs. External Audit: Key Differences You Must Know Audit | 6 MIN READ Why CPAs and Firms Are Choosing India for Outsourcing Accounting & Bookkeeping | 7 MIN READ Outsourcing Audit Support Services – How Does It Work? Audit | 8 MIN READ A CPA’s Guide to Accounting Process Outsourcing Accounting & Bookkeeping | 5 MIN READ Get a Free Strategy to Transform Your Business Operations Resolve the talent gaps, reduce costs, and improve your margins Get a Free Consultation
