Top Offshore Accounting Firms: Trusted by CPA & Accounting Firms

Outsourcing to India presents a compelling solution that can save up to 75% compared to local hiring.

Outsourcing to India presents a compelling solution that can save up to 75% compared to local hiring. Firms get access to one of the world's largest qualified accounting talent pools. These trained, English-proficient professionals blend naturally with your existing operations. The outsourcing world has changed dramatically.

Companies now deliver complete accounting, tax, audit support, and compliance services. Technology adoption, SOC 2 compliance, and ISO-certified operations have improved. These improvements address previous worries about security and quality.

This blog reveals the most trusted offshore accounting partners helping CPA firms tackle talent shortages while reducing costs.

What are the top offshore accounting firms for CPA practices?

Growing CPA practice calls for the need reliable offshore accounting support. Our research highlights eight outstanding companies that blend technical expertise with industry knowledge and advanced security protocols. These companies have specialized talent pools ready to handle everything from bookkeeping to tax preparation.

Your practice gets flexible capacity at a much lower cost than domestic options. Let's look at which offshore partners have proven success with US accounting firms and could be right for your growth needs.

1. MYCPE ONE

MYCPE ONE is one of the trusted offshoring partners for 1000+ accountants, CPAs, and tax firms based in the US, Canada, and the UK. As a firm 'run by accountants, for the accountants,' MYCPE ONE ensures perfect alignment with the hiring needs of accounting firms, offering staff under your control and management.

With 40+ global offices across 20+ cities in India and the Philippines, MYCPE ONE caters to 40 of the top 200 accounting firms in the US. Based in Sugar Land, Texas, it is backed by SOC 2, ISO 27001, and GDPR certifications, and ensures the highest standards of data security and client support for every firm.

Key Highlights

• Exclusively work with CPA and accounting firms

• Serves 40 of the top 200 accounting firms in the US.

• Elite offshore talent with years of experience

• Clients can directly interview and select their candidates

• A diversified talent pool provides access to varied skills, experience, perspectives, and problem-solving capabilities.

• Enables clients to scale up or down their teams as per the firm’s changing needs and dynamics.

• Ensures better productivity with diverse and dedicated professionals, specialized in various tasks.

• 40+ delivery centers across 20+ cities in India and the Philippines

• Secure SOC 2 Type II, ISO 27001, and GDPR-compliant infrastructure

• Flexible scaling across roles and levels

Pricing - Starting from $11 per hour

2. QX Global Group

QX Global Group is a Major Contender in the Finance & Accounting Outsourcing PEAK Matrix and earned Star Performer status. They work in many industries and provide complete consulting, digital technologies, and business process management solutions. Their F&A specialists improve back-office functions while maintaining ISO 27001:2013 and ISO 9001:2015 certifications for data security.

Key Highlights:

• Flexible outsourcing solutions

• 6 nearshore and farshore delivery centers

• Up-to-date with software and tools like automation tools, cloud integration, data analytics.

3. CapActix Business Solutions

CapActix Business Solutions started in 2015 and quickly became a trusted offshore accounting partner for CPA firms. They hold ISO 9001:2015, ISO 27001:2013, and GDPR certifications. CPA firms can focus on revenue-generating activities like tax consultancy and advisory services while CapActix handles routine bookkeeping tasks.

Key Highlights:

• High retention rates

• Backed by a team of 120+ certified experts

• Serves 40+ industris

• GDPR-compliant

4. Analytix Solutions

Analytix helps businesses grow with core services in Finance & Accounting, Technology, and Operations. Their accounting services show impressive results: 3x faster close cycles, 80% less manual entry, and 99.90% reconciled accuracy rate. They protect client data through more than 20 security checkpoints and strict protocols.

Key Highlights:

• Global presence: India, UAE, Saudi Arabia, Oman, Qatar, and the UK.

• Cross-disciplinary expertise in different domains.

• Caters to clients from different industries like retail, e-commerce, hotels, startups, franchises, dental services, and DME.

5. TOA Global

TOA Global is one of the largest offshore accounting providers with 4,180+ team members in the Philippines, U.S., and Australia. Nick Sinclair founded the company in 2014, and it now supports over 1,190 clients. Their services include financial planning, reporting, auditing, and tax services.

Key Highlights:

• 10+ years of industry experience

• Dedicated client support

• Live chat integrated

• Offers outsourcing services to firms in Australia, New Zealand, Canada, and the US

6. Befree

Befree is 19+ years old and serves over 3,000 international clients in the U.S., Europe, the UK, and Australia. They have more than 1,500 skilled professionals working from talent centers in various Indian cities. The company creates custom outsourcing solutions by combining industry knowledge with technology and automation.

Key Highlights:

• Scalable outsourcing solutions

• Maximizes the ROI of businesses

• Provides vast suite of e-commerce solutions

7. Unison Globus

This Florida-based company has spent nearly 20 years helping CPAs and EAs with bookkeeping, accounting, and tax preparation in the U.S., UK, and Canada. They have ISO 27001 security certification and expandable teams experienced in individual, corporate, and multi-jurisdictional tax. Their complete services cover tax preparation, IRS advisory, multi-state tax preparation, and more.

Key Highlights:

• Has close to two decades of experience

• Serves 350+ clients globally

• Broad talent pool

• Flexible hiring models

8. Paperchase

Paperchase Accountancy caters to the needs of restaurants and hospitality brands worldwide, like in the US, UK, other European countries, the Middle East, and Africa. Headquartered in New York, they liaise with leading chefs, creditors, auditors, suppliers, and HMRC.

Key Highlights:

• Wide geographics presence

• Cross-disciplinary expertise in different domains

• Caters to clients from multiple industries

How to choose the right offshore partner for your firm?

Picking the right offshore accounting partner needs more than just price comparison. Your partner will handle sensitive financial data and represent your firm. This makes the selection process vital. Let's explore the essential criteria that will help you find firms with the right mix of technical skills, security measures, and communication systems for your practice.

What you'll learn in this section:

• Key criteria to review offshore accounting providers

• Understand certifications, compliance, and team structure

1. Certifications and compliance standards

The right offshore partners should have recognized certifications that show they meet industry standards. Look for ISO 27001 (information security), SOC 2 compliance, and GDPR standard. Staff members should hold certifications like IAOP's Certified Outsourcing Specialist™ – Finance & Accounting (COS-F&A). Note that they must follow AICPA ethics guidelines and meet regulations like GDPR, CCPA, or country-specific requirements.

2. Industry-specific expertise

Experience is a vital filter when comparing offshore providers. Your partner needs a solid grasp of CPA workflows, US GAAP rules, tax requirements, and month-end close cycles. Make sure they've handled work like yours and ask about their CPA firm client percentage. This shows how ready they are for seasonal peaks. Their accountants should be certified in tools like QuickBooks, Xero, NetSuite, Drake, UltraTax, or Lacerte.

3. Data security and privacy protocols

Financial information needs reliable security measures. Review each partner's data protection setup, including encryption methods, firewalls, access controls, and regular security checks. Ask for their backup procedures, disaster recovery plans, and business continuity strategies. On top of that, they should use Virtual Desktop Infrastructure (VDI) or Remote Desktop Protocol (RDP) systems.

4. Communication and time zone arrangement

Clear communication is the life-blood of successful offshore partnerships. The provider should send daily updates, respond quickly, and write clear English. You'll want at least 3-4 hours of time zone overlap to aid immediate meetings, approvals, and problem-solving. Their teams should understand urgency, meet deadlines, stay professional, and work well both in teams and alone.

5. Technology and infrastructure readiness

A good tech setup creates transparency, accountability, and smooth collaboration between onshore and offshore teams. The provider should use modern hardware and current, licensed software that fits accounting workflows. Their systems should work with your existing software to reduce friction. A full technology review will show if your setup can support offshore teams before you start.

What are the risks of choosing the wrong outsourcing company?

Picking the wrong offshore accounting provider can turn your cost savings into expensive problems. The offshore accounting industry has matured but CPA firms still face major risks if they skip proper due diligence. Your firm needs protection - you should know the specific risks of poor outsourcing decisions and build reliable safeguards against quality, security, and compliance issues that could hurt your reputation and client relationships.

What you'll learn in this section:

• Common mistakes firms make with outsourcing

• Ways to prevent compliance, quality, and communication problems

1. Inaccurate financial reporting

Bad offshore work leads to errors and financial mistakes that damage your reputation. Teams without industry expertise often make critical errors in reports that can misrepresent client financial statements. A survey found that 69% of respondents made big business decisions using outdated or wrong financial data. Finance teams waste time reconciling data between systems during period-end close and make rushed decisions without proper review.

2. Data breaches and weak security

Data security is one of the biggest concerns in offshore accounting. Financial information becomes more vulnerable to cyberattacks when it crosses borders. Poor security at offshore locations puts sensitive client data at risk of breaches, identity theft, and unauthorized access. Firms must check if their partners use encryption for data, maintain secure firewalls, control access properly, and run regular security audits.

3. High staff turnover and onboarding delays

Staff turnover is a big problem for offshore accounting firms in markets like India, where professionals change jobs almost yearly. This disrupts work as providers need to train new staff on your requirements repeatedly. Top talent often leaves for competitors who offer better pay. Many offshore teams also struggle with communication, critical thinking, and client interactions - issues that affect client trust directly.

4. Regulatory non-compliance

Countries have very different rules for data protection, privacy, and financial reporting. Offshore providers who don't understand US regulations might violate standards like GDPR, CCPA, HIPAA, or specific accounting rules. CPA firms remain responsible for compliance no matter where the work happens. Breaking regulations can result in fines, legal problems, and reputation damage that destroys client confidence.

5. Hidden costs and lack of transparency

Original price quotes rarely show the full picture. Extra costs pop up after signing - things like onboarding fees, software setup, quality control, and security implementation. Providers often add surprise charges for going over service agreements, currency exchange, or "extra" services not covered in contracts. Without clear pricing, firms might find their predicted savings are nowhere near what they expected.

Conclusion

Offshore accounting has become a practical growth strategy for CPA firms facing talent shortages and rising costs. The right offshore partner offers more than savings. They provide skilled professionals, secure systems, and reliable processes that support high-quality work.

Choosing carefully is essential. Firms must look beyond pricing and focus on certifications, data security, communication, and technology. When selected well, an offshore accounting partner becomes a true extension of your firm, helping expand capacity, maintain compliance, and support long-term growth in a competitive accounting landscape.

Key Takeaways

With 75% of CPA firms facing hiring challenges and domestic salaries exceeding $60,000, offshore accounting partnerships have become essential for sustainable growth and competitive advantage.

• Cost savings reach 75% compared to domestic hiring while accessing India's vast pool of qualified, English-proficient accounting professionals for scalable capacity.

• Eight top offshore firms lead the market: MYCPE ONE, QX Global Group, CapActix, Analytix Solutions, TOA Global, Befree, and Unison Globus offer proven expertise.

• Essential selection criteria include ISO certifications, SOC 2 compliance, US GAAP expertise, and 3-4 hours of time zone overlap for effective collaboration.

• Major risks include data breaches, regulatory non-compliance, high turnover, and hidden costs that can quickly erode anticipated savings without proper due diligence.

• Successful partnerships require thorough vetting of security protocols, industry certifications, and technology infrastructure to ensure quality and compliance standards.

The right offshore partner functions as a strategic extension of your firm, not just a cost-cutting measure. With proper evaluation using the criteria outlined above, CPA practices can overcome talent shortages while maintaining service quality and client trust in today's competitive landscape.

FAQs

Q1. What are the potential cost savings of offshore accounting for CPA firms?

Offshore accounting can lead to cost savings of up to 75% compared to hiring domestically. This significant reduction in expenses allows CPA firms to allocate resources more efficiently and potentially expand their service offerings.

Q2. How can CPA firms ensure data security when working with offshore partners?

To ensure data security, CPA firms should look for offshore partners with ISO 27001:2013 certification, SOC 2 compliance, and robust encryption protocols for data in transit and at rest. It's also crucial to verify that the provider conducts regular security audits and has a solid track record of protecting client information.

Q3. What certifications should I look for in an offshore accounting provider?

Key certifications to look for include ISO 27001 for information security, SOC 2 compliance, and GDPR compliance. Additionally, check if the provider's staff holds relevant accounting certifications and are trained in commonly used accounting software.

Q4. How can I mitigate the risk of high staff turnover in offshore accounting teams?

To mitigate turnover risks, choose providers with proven retention strategies, competitive compensation packages, and ongoing professional development programs. Also, ensure there are knowledge transfer processes in place and that multiple team members are familiar with your account to maintain continuity.

Q5. What are the communication expectations when working with an offshore accounting partner?

Effective communication is crucial. Look for providers offering at least 3-4 hours of time zone overlap, daily progress updates, and prompt responses to queries. The offshore team should demonstrate proficiency in written and spoken English, understand urgency, and be able to work both collaboratively and independently.