AI Isn’t Killing Offshore Accounting…This CPA Firm Just Tripled Hiring in India
Citrin Cooperman India has more than tripled its workforce, expanding from 300 to over 1,000 employees since opening a second Hyderabad office in late 2024. The firm is actively deploying AI to handle end‑to‑end accounting tasks, moving beyond traditional data‑entry roles. This shift enables offshore teams to focus on high‑margin advisory services such as digital, risk, and transaction advisory. The strategy, backed by private‑equity owners, aligns with a broader industry move toward value‑based pricing and deeper offshore integration.
CFOs More Powerful than Ever…But Thanks to AI Finance Teams Shrinking
A new Oliver Wyman and NYSE survey of 494 CFOs—covering about 12 % of global market cap—reveals the CFO role is shifting from traditional reporting to strategy, transformation and even cybersecurity. One in ten new Fortune 500 CEOs now come directly from...
Is Audit Rotation 2.0 a Big Opportunity for CA Firms?
India’s audit market is gearing up for its largest rotation in a decade, with 957 listed companies slated to shop for new auditors in FY2026‑27 and FY2027‑28. The regulator NFRA has become more aggressive, issuing over 100 debarments and fines...
US Audit Firms Go AI-Native with Capital…with No Big Daddy Can CA Firms Survive?
U.S. audit startups such as Modus are shifting from pure software vendors to equity investors in mid‑market audit firms, embedding "forward‑deployed" AI engineers directly into audit teams. The model promises Big‑4‑level analytics, faster engagements and higher margins for firms that...
Ex-UiPath GCC Tax Leader Walked Away From ₹50lacs+ Salary. Why?
Manish Aggarwal, a former UiPath regional tax leader, left a ₹50 lakh‑plus (≈$60,000) package to launch his own offshore tax advisory firm. While Indian GCCs handle complex multi‑jurisdiction compliance, most CPA offshoring remains low‑margin, high‑volume work. Aggarwal identified a market gap...
Nikhil Kamath-Backed KNAV Acquires UAE Firm: Insider Scoop on Buying Accounting Firms
KNAV, backed by Nikhil Kamath, has acquired a majority stake in UAE‑based Affiniax, adding 65 local professionals to its global team of over 500. The move capitalises on the UAE’s new corporate tax regime, which has turned audit, tax and...