Top Accounting Firms in India
Many people are interested in becoming a Chartered Accountant (CA), but they do not know which CA firm to choose. This article will give you the top 11 CAs firms in India for 2021.
Deloitte is the largest among all CA firms in India. The company has more than 500 offices and 70,000 employees across 150 countries. It provides various services like financial accounting, auditing, consulting, and advisory services to organizations of all sizes, from small businesses to giant corporations worldwide. Deloitte ranks number 15 in the “100 most influential people in accounting” list by Accounting Today.
Deloitte has been named to Forbes’ Best Employers for New Grads 2018, Top 50 Companies Hiring Graduates this Summer, and Best Big Company to Work For In India 2017 lists. It also received a Diamond Award from the Government of Maharashtra for its social and economic development work.
PWC is an international professional services network, which is a “big four” firm. It provides assurance (financial audit), advisory, and tax services to companies from all industries in the world. PWC has been auditing for over 100 years and employs more than 200000 people across 150 countries.
PWC has four main service lines: Assurance, Advisory, Tax, Accounting, and Transaction Advisory Services. These services combined help their clientele identify opportunities across all sectors globally and build strategies to address their most complex business and governance challenges.
KPMG is one of the four largest professional services networks globally and is one of the top CA firms in India. KPMG provides audit, tax, and advisory services to various companies across the globe with a dedicated focus on Growth Markets such as the Asia Pacific region.
It has a large pool of talent, including more than 30 Partners who are experts in their fields such as IT, Audit & Assurance, Taxation, and Corporate Finance. KPMG has a strong presence across critical sectors such as Oil & Gas, Power, Public Sector, or Financial Services. The firm provides services to clients in more than 150 countries with the help of over 100 offices spread worldwide, including India. With an entire talent pool and infrastructure support from its global network, it is one of the top CA firms in India.
Ernst & Young (EY)
Ernst & Young (EY) is one of the largest professional services firms in the world, with over 231,000 people. EY offers assurance, tax, and advisory services to large corporations around the globe and public sector organizations such as governments and agencies.
BDO International is an international accountancy firm with over 200,000 people in 150 countries. Founded in 1963, BDO has grown to be one of the largest global accounting firms networks in the world today. The company provides services for both public and private companies and various other entities, including not-for-profit organizations.
BDO’s India office has its headquarters in Gurgaon and has over 500 employees. BDO provides various services, including financial audit, tax advisory, risk management consulting, enterprise risk, and performance improvement solutions.
Grant Thornton International
Grant Thornton International (GTI) is the world’s sixth-largest professional services network of independent accounting firms and consulting member firms that provide assurance, tax, and advisory services. The firm has its presence in over 130 countries, with 500 offices employing more than 38000 people as of 2017.
In India, it operates through 13 member firms employing more than 5000 employees. In India, Grant Thornton operates through 13 member firms and employs more than 5000 people as of 2017.
In 2019, GTI was at No 17 spot in Fortune’s list of “World’s Most Admired Companies,” which is a recognition for its top-ranked innovative capabilities among all global consulting and accountancy firms.
RSM International is the top CA firm in India with the highest number of professionals. RSM International has more than 12,000 employees and operates out of 30 offices across the country. It ranks at 11th place among Indian CA firms by revenue generated from auditing business for FY18.
RSM has its headquarters in Gurgaon, Haryana & is on the Indian stock exchanges. In addition, it has a presence in more than 100 countries with over 200 offices across multiple geographies.
The company offers a wide range of services, including audit & assurance services, tax solutions, and advisory business consulting, to clients from various sectors such as manufacturing, financial institutions, or government agencies.
SS Kothari Mehta & Co.
Founded in 1955, SS Kothari Mehta & Co. is one of the top CA firms based out of Mumbai (India). The company offers professional services like statutory audit, tax consultancy, and other advisory services to grow further. It has an extensive range of clients, which include both Indian as well as multinational companies. The firm has its presence across the country with over 150 branches.
The company also offers online CA services where clients can file their tax returns through an e-filing portal, which makes it convenient for businesses to manage accountancy and taxation in one place. With this service, they can offer better customer support as well as faster turnaround times.
Lodha & Co.
Lodha & Co. is a full-service law firm with onsite and offsite lawyers providing comprehensive legal advice in crucial business areas such as Banking, Capital Markets, Corporate/M&A, Dispute Resolution, and Regulatory Affairs. Lodha & co has a presence in Mumbai, Kolkata, and Bangalore.
Lodha & Co.’s founder has been practicing in the areas of Banking, Corporate Law for over 21 years. The law firm is known to provide legal services with high-quality workmanship and provide competitive rates without compromising the service level. The staff is well-trained professionals with sound legal knowledge. The firm offers services in English, Hindi, and Bengali languages.
Sahni Natrajan & Bahl (SNB)
Set up in 1993 by two partners and a paid-up capital of Rs 50 lakh, SNB is one of India’s top 11 CA firms with over 350 employees, including 35 partners and staff accountants today.
SNB has offices throughout India: Mumbai (headquarters), Cochin, Hyderabad, Bangalore, New Delhi, and Chennai.
Recently, SNB has acquired a Mumbai-based CA firm of Citi Associates for an undisclosed amount of money. In the 2009-2010 financial year (FY09), its revenues were Rs 57 crore, with profit after tax at Rs 14 crores. Its total income from operations increased by 32 percent from Rs 46 crore in 2007-08.
Luthra & Luthra
It is an international law firm with its headquarters in New Delhi, India. The Legal 500 has ranked the top 50 law firms for more than a decade, and Luthra & Luthra has secured its place in the top 50 law firms for seven consecutive years. The firm has expertise across various practice areas, including banking and finance, capital markets, commercial transactions, and M&A & joint ventures.
The best way to evaluate a CA firm is by seeing how they have performed in the past couple of years. Like any other industry, there are some growing firms, and others are on the verge of getting extinct. The market for CAs has become more competitive than ever before, with many new players entering it every year who want to carve a place for themselves in the competitive market. services to their customers and have established a firm brand name over time through proper marketing strategies.