
Firms Are Making Big Expansions in India
Thanks to Reuters we’ve got some solid intel on accounting firms’ increasing their presence — and therefore headcounts — in India, expanding out from city centers and into smaller cities and towns. We’ve known for some time that offshoring has exploded in recent years, now we know there’s much more room to grow. 1,269,219 square […]

Rise Up! BDO USA Is Gonna Double Its Offshore Workforce, Mostly in India
[Ed. note: scroll down for assy commentary and screenshots of BDO leadership’s visit to India just days after they laid off a bunch of people in advisory, I need to get this part out of the way first] Financial Times has written about BDO USA’s plan to double its offshore workforce and couched the move […]

Are Accounting Firms Really Sending 30% of Their Work Offshore?
In the past several weeks we have heard — and read — about huge amounts of work getting sent offshore. To India mostly, also the Philippines. Outsourcing is nothing new and rather expected given today’s talent shortages but 30%? Perhaps more? Doing a quick search pulled up a 2011 Accountancy Age article which mentioned PwC […]

Layoff Watch ’21: EY Gave Client Technology Staffers a Parting Gift As They Were Being Kicked to the Curb
Before we recently learned what was happening behind the scenes with workplace services staff and on-site technology support employees at EY, we got tipped off from someone in client technology that his/her and others’ jobs were being eliminated or offshored. After a couple of weeks of not hearing anything else about what was going on […]
Accountapocalypse: Let’s Talk About Offshoring
I’ve touched on offshoring in a couple of my previous articles, and it seems to have gotten some attention. While offshoring is prevalent in top firms it's not standard practice in the rest of the profession, it has certainly been gaining momentum. I fully expect this trend to continue, and here’s why: Barriers to offshoring […]
What If 20 Percent of Audit Work Was Performed Offshore?
You may have heard that accounting firms – primarily Big 4 firms – have been slowly transitioning work to countries like India and Sri Lanka. This particular topic of discussion typically results in a heated/subtly racist conversations about “foreigners taking American jobs” which eventually evolves into a more overtly racist conversation, not unlike what happens on some Deloitte forums.