siliconindia | | JANUARY 20254 PublisherManaging EditorSenior CorrespondentAlok ChaturvediMandvi SinghSamatha SPVol 15 · Issue 01 - 02 · JANUARY, 2025Editorial TeamRoshan AktharLakshmi PrabhaGM - Media & Graphic Designing VisualizerPrabhu Dutta A.R.N RayArt ManagerSuanya Chakraborty DesignersSurbhi SumanRihab BasheerVP- Sales & MarketingRohit KumarAdvertising ManagerKiran Singhadvertise@siliconindia.comEditorial Querieseditor@siliconindia.comCirculation Manager Magendran PerumalTo subscribeVisit: https://www.siliconindia.com/subscribe/or send email to subscription@siliconindia.comMagazine Price is Rs. 150 per issuePrinted and Published By Alok Chaturvedi on behalf of Silicon Media Technologies Pvt Ltd and Printed at Executive Prints - 113/7, Ground floor, Old madras road, Halasuru, Bangalore, 560008 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Publisher Alok ChaturvediCopyright © 2025 Silicon Media Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.siliconindiaAs the world becomes increasingly digital and technological, India's accounting sector has observed a significant shift from traditional to technologically advanced. In the early 2000s, the industry was quite fragmented and relied on traditional methods, with only limited technological integration and skills that did not reach the international stage. However, the sector is poised for remarkable growth today as it aligns with global standards, positioning India as a significant supplier of accounting services worldwide.A key factor driving this transformation is the upskilling of Indian workers through initiatives such as the Skill India Mission and the National Skill Development Corporation (NSDC). These programs provide professionals with access to new financial systems. Additionally, government initiatives like the Digital India campaign and the Unified Payments Interface (UPI) have revolutionized financial services across the nation. The implementation of advanced technologies, including artificial intelligence, machine learning, and blockchain, has significantly accelerated the growth of the accounting industry. According to NASSCOM, these innovations have improved accuracy by 30 percent and reduced processing times, enabling more efficient and reliable financial reporting. As a result, Indian companies have realized substantial efficiencies and cost savings in their operations. Similarly, global companies benefit from outsourcing accounting functions to India.The accounting industry is one of the largest in India, with over 400,000 chartered accountants and a similar number of cost and management accountants. This workforce is expected to drive the next phase of growth in the sector, with projections indicating a CAGR of over five percent from 2024 to 2029, solidifying India's position as a global leader in accounting services. Through this current edition, `International Accounting Firms in India ­ 2025' siliconindia has come up with a list of firms that have exemplified the industry with their keen services.Do read to know more and share your valuable feedback!Mandvi SinghManaging Editoreditor@siliconindia.comCan Today's Advanced Accounting Solutions Unlock Business Potential?Editorial
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