Outsourcing in Accountancy: A Guide for UK Practices​

The outsourcing landscape in UK Accountancy has undergone significant change in recent years, driven by technological advancements, regulatory changes, and the need for cost efficiency.

Traditionally, outsourcing in Accountancy was limited to routine tasks such as payroll processing and bookkeeping. However, the scope has expanded dramatically, with firms now outsourcing complex functions like tax compliance, financial reporting, and even strategic advisory services. This shift is largely due to the rise of cloud-based accounting software, automation, and AI, which enable seamless collaboration between UK-based firms and offshore service providers.