Trusted by Companies Based All over The World

Gmail Icon
Gmail Icon
Gmail Icon
Gmail Icon
Gmail Icon

Talk to an Expert

Expertise in Virtual CPA Services

(4.8)

Schedule A Meeting
Enquiry Form

Enquiry Form

Among Asia Top 100
Consulting Firm

Among Asia Top 100 Consulting Firm
Get Consultation

Get Consultation

Lowest Fees
100,000 + Clients.

Lowest Fees 100,000 + Clients

Introduction to CPA Services

In today’s fast-paced business environment, CPA firms in both the United Kingdom and the United States are navigating an increasingly complex financial world. With mounting client demands, evolving regulations, and seasonal workload peaks, accounting firms are actively seeking ways to scale, remain agile, and stay competitive. One proven strategy that has rapidly gained popularity is the hiring of offshore accountants to support CPA practices.

Whether you’re a growing firm in Manchester or an established tax consultancy in New York, finding the right accountants for CPA firms can significantly impact your bottom line. Offshore solutions are no longer just about cutting costs—they’re about finding the right CPA for hire who can deliver excellence, continuity, and value.

This guide is your definitive resource to understanding the offshore accounting ecosystem tailored for CPA firms in the UK and USA. We’ll dive deep into:

  • Why outsourcing is the future for CPA firms
  • How to hire a CPA that aligns with your standards
  • The difference between certified management accountant vs CPA
  • What you should expect when hiring from offshore locations
  • The exact cost to hire a CPA, and how to budget for it
  • Real-life use cases, ROI scenarios, and red flags to avoid

Let’s unlock the strategic value behind offshore accounting.

CPA firm

Understanding CPA Firms: Core Functions & Challenges

CPA firms serve as the financial stewards of businesses. From tax filing to assurance, budgeting to advisory, their role goes far beyond basic bookkeeping.

1. Core Services Offered by CPA Firms

  • Tax Planning & Preparation
  • Audit & Assurance
  • Financial Reporting
  • Payroll & Compliance
  • Consulting & Advisory
  • M&A, Forensics, and Valuation

2. Common Operational Pain Points

  • High Staffing Costs
  • Fluctuating Workloads (Busy Season vs Off Season)
  • Talent Retention & Turnover
  • Compliance Pressure (FRC, SEC, IRS, HMRC)
  • Limited Time for Advisory Work

These pain points are why firms are increasingly searching for CPA for hire solutions that can plug into their teams with minimal onboarding friction.

Why CPA Firms in the UK & USA Are Hiring Offshore Accountants

The offshore accounting model isn’t a short-term, it’s a long-term strategic move.

1. The Rise of Offshore Accounting

Thanks to cloud technology, secure communication tools, and robust data privacy frameworks like GDPR and SOC 2, firms are now confidently hiring overseas talent. The appeal of the hired offshore CPA is no longer limited to affordability; it’s also about scalability, access to skills, and operational continuity.

2. Benefits of Offshore CPAs

  • Cost Reduction: Save up to 60% in labor costs without compromising quality.
  • Scalability: Expand or reduce your offshore team based on tax season, client volume, or project demand.
  • Talent Availability: Tap into a global talent pool where skills are up-to-date and continuously evolving.
  • Focus on Core Services: Free up in-house teams to focus on high-value advisory work.

Hiring an offshore CPA isn’t about replacing your local team—it’s about extending it intelligently. That’s why many leading firms now hire offshore CPA firms as their silent growth engines.

How to Hire a CPA for Your Firm (Onshore or Offshore)

Hiring the right CPA—whether local or offshore—requires a clear strategy. This section walks you through the entire hiring process.

Step-by-Step Hiring Framework

Step 1: Define Your Needs

Are you hiring for tax season? Looking for a year-round resource for accounts payable and payroll? Need an audit expert with IFRS/GAAP experience?

Step 2: Choose the Hiring Model

  • Direct Hire (Freelancers or Contractors)
  • Staff Augmentation via BPO or Offshore Partner
  • Managed Service via Outsourced Firm

Step 3: Evaluate Candidate Skills

Ensure offshore CPAs are qualified with:

  • ACCA, CA, CPA (USA), or equivalent certifications
  • Proficiency in accounting software (QuickBooks, Xero, CCH, etc.)
  • Experience with UK (HMRC) or USA (IRS) tax frameworks

Step 4: Conduct Technical & Cultural Interviews

Your offshore CPA will interact with your internal team. Test for:

  • Communication
  • Problem-solving
  • Ethical judgment
  • Data confidentiality awareness

Step 5: Finalize Agreements

Set clear SLAs (Service Level Agreements), data handling policies, billing models, KPIs, and hours of operation.

Step 6: Onboard

Ensure a smooth integration with documentation, access to your software stack, and shadowing sessions.

This process is crucial for a successful offshore CPA hired scenario—cutting corners here leads to risks down the road.

hire a cpa firm

How Much Does It Cost to Hire a CPA (Domestic vs Offshore)?

Let’s talk about money—because budgeting matters.

1. Onshore CPA Hiring Costs

In the UK:

  • Average CPA salary: £50,000 to £75,000/year
  • Hiring + onboarding: £5,000–£10,000
  • Overheads (NI, insurance, office): ~20% extra

In the USA:

  • Average CPA salary: $65,000 to $90,000/year
  • Recruitment cost: $4,000–$8,000
  • Benefits + payroll taxes: ~25% extra

Total cost to hire a CPA onshore ranges from £60,000–£90,000+ or $80,000–$120,000+ annually.

2. Offshore CPA Hiring Costs

Through a reputable offshore CPA firm, expect:

  • Entry-level accountant: $1,200–$2,000/month
  • Mid-level CPA: $2,500–$4,000/month
  • Senior CPA or Controller-level: $4,000–$6,500/month

This makes the cost to hire a CPA offshore around 40% to 60% cheaper than local hiring. You also eliminate training, HR, benefits, and infrastructure overhead.

Certified Management Accountant vs CPA: Which Is Right for Your Firm?

When building an offshore or hybrid accounting team, understanding the difference between a Certified Management Accountant (CMA) and a Certified Public Accountant (CPA) is essential.

1. Certified Public Accountant (CPA)

  • Focus: Tax, audit, assurance, financial reporting
  • Relevance: Best for client-facing services in public accounting firms
  • Regulations: Bound by national regulatory boards (AICPA in the U.S., ICAEW in the UK)

2. Certified Management Accountant (CMA)

  • Focus: Financial strategy, cost accounting, internal controls, management reporting
  • Relevance: Best for internal finance teams and strategic decision-making
  • Certifying Bodies: IMA (U.S.), CIMA (UK)

 For CPA firms offering services to external clients, hiring a CPA (onshore or offshore) is the better fit. However, if your clients need fractional CFO services or performance analytics, adding a CMA to your team could be a smart move.

Real-World Case Studies: CPA Firms That Hired Offshore Accountants Successfully

Let’s ground the strategy in reality with actual examples of firms in the UK and USA that have embraced offshore hiring.

1. A Mid-Sized CPA Firm in New Jersey

  • Challenge: Seasonal overload during Q1 and Q4
  • Solution: Partnered with an offshore CPA firm to manage tax prep and bookkeeping
  • Result: 50% cost reduction and 30% faster turnaround

2. Boutique Accounting Practice in London

  • Challenge: Limited budget for full-time hires
  • Solution: Hired two offshore CPAs to handle monthly accounts and VAT filings
  • Result: Saved £40,000 annually while scaling client capacity by 3x

3. Startup-Focused CPA in Austin

  • Challenge: Needed ongoing CFO-level advisory but couldn’t afford local rates
  • Solution: Onboarded a part-time CMA from an offshore provider
  • Result: Delivered strategic insights for 1/3 the cost of a local CFO

Each of these cases shows how an offshore CPA hired can provide both tactical and strategic wins when executed well.

Risk Management & Compliance When Hiring Offshore

Hiring offshore doesn’t mean cutting corners—it means being deliberate about risk, quality, and compliance.

1. Data Protection and Privacy

  • Choose providers that follow GDPR, SOC 2, and ISO 27001 standards
  • Use encrypted communication and secure file-sharing platforms (e.g., ShareFile, OneDrive for Business)
  • Sign NDAs and ensure cyber liability insurance is in place

2. Regulatory Compliance

  • Offshore CPAs must be trained in US GAAP, UK FRS/IFRS, HMRC, and IRS standards
  • Maintain clear documentation and audit trails
  • Review monthly reports and SLA compliance logs

3. Quality Control

  • Implement layered review workflows (junior -> senior -> partner)
  • Conduct quarterly skill audits and security audits
  • Use KPIs such as error rate, turnaround time, and client satisfaction

By choosing to hire offshore CPA firms with a strong compliance and training track record, firms can build sustainable, secure partnerships.

Tools & Technology Stack for Managing Offshore CPAs

Having the right tools enables a seamless collaboration across time zones and continents.

1. Communication Tools

  • Slack / Microsoft Teams: Instant messaging and calls
  • Zoom / Google Meet: Face-to-face check-ins and onboarding
  • Loom: Asynchronous video walkthroughs

2. Workflow & Project Management

  • Jetpack Workflow / Karbon / Asana: Task tracking and workflow automation
  • ClickUp: For resource planning and capacity forecasting

3. Accounting Software

Offshore CPAs should be proficient in:

  • QuickBooks Online / Desktop
  • Xero
  • CCH / IRIS (UK)
  • UltraTax / ProConnect (USA)
  • Sage / FreeAgent

4. Time Tracking & Billing

  • Toggl / Harvest / Clockify: Monitor productivity across teams
  • Bill.com / Gusto / Paychex: Manage payroll and vendor payments

A good hire offshore CPA firm will already have infrastructure in place or will be ready to work within your tech ecosystem.

Best Practices for Long-Term Offshore CPA Success

Let’s go beyond onboarding. Here’s how to make it stick:

1. Start Small and Scale

  • Begin with 1–2 team members
  • Set up pilot projects (e.g., AP, VAT returns, bank reconciliations)
  • Scale based on performance and process maturity

2. Design a Training Plan

  • Offer firm-specific training modules (video, SOPs, templates)
  • Schedule shadowing sessions with local staff
  • Encourage upskilling via CPE programs

3. Establish a Culture of Ownership

  • Hold weekly virtual team meetings
  • Celebrate wins and milestones
  • Share client feedback and performance reports

Comparing Hiring Models: Local vs Offshore vs Hybrid

Here’s a side-by-side comparison to help CPA firms in the UK and USA make the right hiring choice.

Criteria Local CPA Offshore CPA Hybrid Team
Cost High (£60k–£90k / $80k–$120k) Low ($18k–$50k/year) Moderate
Availability Limited in peak seasons Year-round flexibility Balanced
Control Full Managed via offshore partner Shared control
Time Zone Compatibility Full Needs alignment & planning Mixed
Compliance & Security Regulated locally Requires vetted vendor Depends on execution
Skill Specialization Regional knowledge Global qualifications (ACCA, CPA, CA) Best of both
Scalability Slower Fast Flexible

If you’re wondering how to hire a CPA and which model to go with, the hybrid model offers the best of both worlds—especially for firms growing across borders.

Hiring Checklist: Offshore CPA Success Guide

Here’s a simple checklist for firms looking to hire offshore CPA firms or individuals:

  • Define the job role and required qualifications
  • Choose the right hiring model (direct, managed, or hybrid)
  • Vet the offshore provider’s security and compliance measures
  • Schedule interviews with technical and cultural fit evaluations
  • Finalize contracts with clear KPIs and SLA expectations
  • Setup onboarding documentation and software access
  • Monitor and review performance quarterly

FAQ’s

Q1: What is the best way to find a CPA for hire?

Start by identifying whether you need local expertise or offshore support. Platforms like LinkedIn, CPA boards, and outsourcing firms offer access to pre-vetted professionals. For flexibility and cost efficiency, many CPA firms hire offshore CPA firms.

Q2: How to hire a CPA for a CPA firm in the USA or UK?

Define the role, determine the budget, and decide whether to hire in-house or offshore. Interview for both technical skills and regulatory knowledge (IRS, HMRC, GAAP, IFRS). Work with a reputable partner if going offshore.

Q3: What’s the difference between a certified management accountant vs CPA?

CPAs are ideal for public accounting and client-facing work, focusing on taxes, audit, and compliance. CMAs are more strategy- and management-oriented. For CPA firms, hiring a CPA is usually the best route.

Q4: What’s the cost to hire a CPA locally vs offshore?

  • Local CPA (UK): £60,000–£90,000/year
  • Local CPA (USA): $80,000–$120,000/year
  • Offshore CPA: $18,000–$50,000/year
    So, if you’re calculating how much does it cost to hire a CPA, offshore is often 50%+ more cost-effective.

Q5: Is it safe to hire an offshore CPA firm?

Yes, if you choose providers with strong data security (GDPR, SOC 2) and financial compliance experience. Reputable firms handle everything from payroll to audit support under secure systems.

Q6: Can offshore CPAs handle UK/US tax laws?

Absolutely. Many hired offshore CPAs are trained in UK FRS, US GAAP, and global tax frameworks. They often come certified with ACCA, CPA (USA), or CA (India) qualifications.

Conclusion: Time to Reinvent How You Scale Your CPA Firm

If you’re still asking yourself how much to hire a CPA, the better question might be—what’s the value of not hiring smartly? Offshore hiring isn’t about cutting corners. It’s about leveraging global talent to unlock growth, flexibility, and long-term success for your firm.

Whether you’re based in Birmingham or Boston, Glasgow or Chicago—hiring the right offshore CPA firm can elevate your operations and transform your bottom line.

outsource accounting

Struggling to Scale Your Accounting Practice?

  • Time-consuming administrative tasks

    Are you stressed with over-the-top costs that limit efficiency and financial flexibility?

  • Undercharging Clients

    Dealing with services below market rates, which is influencing revenue and sustainability?

  • Lack of Quality Assurance

    Are you experiencing challenges like skipped deadlines and blunders due to weak oversight

  • Lacking Technology

    Confined by old-fashioned tools and techniques that hamper efficiency and competitiveness.

  • Talent Management

    Are you facing difficulty in hiring and retaining qualified staff?

What do we do?

Efficiently deliver complete solutions to scale your company, boost profitability, and
focus on your preferred tasks- all powered by innovative software

Accounting Services

Audit Services

Tax Outsourcing Services

Payroll Services

Advisory Services

Management Consultant

Why CPA Firms Choose Us?

Financial Management

Specialized knowledge in tax laws, regulations, and compliance. Decades of experience across multiple industries.

Customized Accounting Solutions

Tailored strategies to meet unique business needs. Comprehensive financial planning and risk management.

Advanced Technology Integration

Use of cutting-edge accounting software and tools. Streamlined processes for real-time financial reporting.

Dedicated Client Support

Personalized attention with a dedicated account manager Prompt and proactive communication throughout the year

Proven Track Record of Client Success

High client retention and satisfaction rates Numerous success stories across various sectors

Why CPA Firms Choose Us?

icon

If you are a founder or early-stage operator, you know about wearing many hats. However, you shouldn’t be spending hours upon hours in spreadsheets and complex financial analysis. You should be spending your time on growth and leading. This is why most founders and operators utilize Accounting Ally’s Virtual CFO and financial modeling services.

Schedule A Meeting
Proposal_summary

How Outsourcing Boost Scalability & Profitability in Your Accounting Practice?

Assured Cost Savings

Reduce expenses up to 50%, significantly with our efficient outsourcing solutions, ensuring more resources are available for growth

Maximizing Revenue and Profit

Our virtual CFO services offer comprehensive management to boost both revenue and profit. We analyze pricing, competition, segments, and customer profitability to drive growth and help your team manage costs effectively by understanding inflation’s impact.

Investor Communication & Reporting

Investor Communication & Reporting
Our part-time CFOs deliver timely reports to keep investors updated on your business performance, analyzing operations and financials to provide current and prospective shareholders with relevant insights.

Optimized Cash Flow Management

Effective cash flow management is essential for smooth operations. Our CFOs optimize receivables and payables, analyze assets and liabilities, manage credit risk, and reduce liquidity issues for optimal results.

Developing Accounting Policies & Procedures

Our virtual CFOs assist in creating and implementing robust accounting policies and procedures, enhancing internal controls and overall management.

Strengthening Internal Controls

We develop customized financial controls and policies tailored to your business size and stage, ensuring reliable accounting, active risk management, and improved business performance.

ERP System Integration

Our CFOs help evaluate and implement ERP systems to streamline data and processes, boosting productivity and efficiency across business operations.

Comprehensive Compliance Management

Our virtual CFOs ensure your business meets all compliance requirements, including company law, tax, labor regulations, foreign exchange rules, and loan covenants.

Strategic Growth Planning

The virtual CFO assesses your business and develops growth strategies, creating improvement plans and market strategies to determine when business financing is necessary.

Our Process

Our process starts with onboarding. Our team works hard during onboarding to get caught up with your existing processes. We look at your past books, build a forecasting model and set of KPIs, and perform a detailed review of your financial statements/chart of accounts to make sure we’re all on the same page and getting started on the right foot.

Get in Touch
How we work together after onboarding:

Each service level has a different meeting cadence. After an initial onboarding period, a typical month might include:

Industries We Serve

Promote Transparency, Mitigate Risk , Enhance Quality

IT & ITES Services
Renewable Energy
E-Commerce & Quick Commerce
Healthcare
Robotics
Manufacturing
Agriculture
Hotel & Restaurants
Logistics
Financial Services
NGOs & Charities
View More...

What people say about Us.

Client

As a small business owner, I feel better knowing that professionals are handling my books so I can spend more time growing my business instead of monitoring nickels. Partnering with Accounting Ally has been a game-changer for our business! Their representative has been instrumental in ensuring our books are error-free and our system is well-organized. We've been with them for 2 years now, and their consistent excellence never fails to impress!

Pooja D’Souza

Finance Controller at Clutterbot INC

Client

We would like to express our sincere appreciation for the exceptional services provided by Accounting Ally over the past couple of years, particularly in taxation representation, advisory and accounting. Their meticulous attention to the maintenance of accounts and year-end finalization has ensured smooth operations and tax compliance for our business. We strongly recommend Accounting Ally to any business in need of dependable and professional Tax and accounting services. Their deep expertise, prompt support, and meticulous attention to detail make them a reliable partner in handling complex tax matters with confidence and ease.

Murtaza Dariwala,

Partner at Mehta Gulf LLC

Client

I am delighted to share my experience with Accounting Ally. Their expertise in company incorporation, financial accounting, and strategic consultation has been invaluable to us. From guiding us seamlessly through the incorporation process to providing meticulous accounting services and insightful financial consultations, their support has been exceptional. Their professionalism, attention to detail, and commitment to our success have made a significant positive impact on our business. I highly recommend their services to any business seeking reliable and knowledgeable financial guidance.

Dhiraj Khandelwal

Founder & CEO at STRATOCAP Consultancy Services LLP

Client

We are extremely satisfied with the services provided by Accounting Ally. Their team conducted a comprehensive review of our Inventory Management System and the Financial Accounts, resolving discrepancies and ensuring accuracy. They also performed an in-depth audit of our Oracle ERP systems, identifying key process improvements and mapping the financial impact of each document processed. Their expertise, attention to detail, and proactive approach have greatly enhanced our financial accuracy and operational efficiency. We highly recommend Accounting Ally for their exceptional service.

Ajay Singam

Director at Avcon Technics

Client

Accounting Ally has been instrumental in managing our domestic and international taxation processes for dividend distribution to shareholders. Their expertise in handling shareholder communications and advising on treaty benefits for foreign shareholders, coupled with their tech-driven approach to tax computation and seamless filing of tax forms with authorities, underscores their commitment to excellence and accuracy. The automated solutions they implemented have significantly streamlined our tax processes, providing us with peace of mind and confidence. We highly recommend Accounting Ally for their professionalism, meticulous attention to detail, and innovative solutions that distinguish their services

Vivek Chaudhary

Company Secretary at HEG Ltd

Contact Us

Let's Discuss Your Project!

Reach out to us today to start a conversation about your
accounting needs. Get One-on-One expert support

Schedule 30 Mins Free

Professional Guidance on one tap

Ready To Make A Move?

Just drop in your details here and we'll connect with you soon!

    Free Consultation by Expert

      © 2024 All Rights Reserved