Top 10 Accounting Firms In The Philippines in 2024
There are hundreds of registered accounting firms in the Philippines, and going through them to find the one that can provide the best outsourced accounting services, meet your requirements, and support your needs is a time-consuming process.
To help with that, we’ve listed the top accounting firms or companies that provide accounting outsourcing or consulting services. These top accounting companies were handpicked based on their Google reviews and ratings.
KDCI Outsourcing
KDCI Outsourcing, established in 2011 and headquartered in Manila, provides global businesses with a wide range of solutions, including finance and accounting outsourcing services. Their accounting team handles everything from basic bookkeeping to advanced financial reporting, tax preparation, payroll processing, and managing accounts receivable/payable. Utilizing cloud-based accounting software, KDCI Outsourcing ensures accuracy, compliance with local and international regulations, and streamlined financial processes for their clients, primarily targeting SMEs and enterprises from the US, Australia, and Europe.
SN Accounting and Consulting
SN Accounting and Consulting is an accounting firm established in 2014, renowned for its personalized approach to accounting services. The company offers services such as tax compliance, financial statement preparation, internal auditing, and bookkeeping, tailoring each service to fit the unique needs of their clients. They also provide consultancy for business registration and tax planning, helping clients navigate regulatory hurdles. SN Accounting's dedication to customization makes them the go-to for small to medium-sized enterprises (SMEs) in the Philippines looking for detailed, hands-on accounting solutions.
UNA Tax and Accounting
UNA Tax and Accounting has been a prominent player in Manila’s accounting sector since 2010. The firm focuses on delivering comprehensive tax preparation, payroll processing, bookkeeping, and financial analysis services. Known for their precision and adherence to tax regulations, UNA also offers business consultancy to help clients optimize their financial performance. The firm primarily serves small to large businesses seeking a blend of reliability and expertise in tax advisory and compliance across the Philippines.
PwC Philippines
Part of the global PwC network, PwC Philippines has been serving the country since 1922, becoming one of the most respected names in the industry. With extensive offerings in accounting services like financial reporting, tax compliance, risk management, and corporate governance, PwC leverages its global reach to help clients navigate complex financial landscapes. From multinational corporations to local enterprises, their services cater to a diverse clientele across industries like financial services, technology, and healthcare, bringing top-tier insights and strategies to the table.
SyCip, Gorres, Velayo & Co.
SGV & Co., the largest professional services firm in the Philippines, was founded in 1946 and is a member of the Ernst & Young Global Limited. Their accounting services encompass financial audits, tax services, risk management, and transaction advisory, providing world-class expertise to businesses seeking to enhance their financial governance. SGV & Co. serves top-tier local and multinational companies as well as government agencies, offering deep industry knowledge and comprehensive accounting solutions that keep organizations compliant and efficient.
Upcloud Accounting
A more recent entrant into the Philippine accounting industry, Upcloud Accounting was founded in 2015 and has quickly gained a reputation for its cloud-based approach to financial management. Offering real-time access to financial data, they specialize in cloud-based bookkeeping, payroll services, tax compliance, and financial reporting. The company primarily targets tech-savvy SMEs and startups in the Philippines, providing them with modern, efficient, and scalable accounting solutions that focus on transparency and accuracy through innovative technology.
ALDA Accounting Services
Since 2009, ALDA Accounting Services has been offering high-quality financial services with a focus on client satisfaction. Based in Makati, this firm provides bookkeeping, payroll processing, tax preparation, financial analysis, and business consultancy. Their dedicated, client-first approach has made them a trusted partner for businesses of all sizes looking for reliability in managing their financial operations. ALDA serves SMEs, family-owned businesses, and larger corporations across the Philippines with a commitment to accuracy and compliance.
KPMG R.G. Manabat & Co.
KPMG R.G. Manabat & Co., founded in 1996, is the Philippine member firm of the global KPMG International network, offering a full suite of accounting, audit, tax, and advisory services. Known for their expertise in handling complex business challenges, KPMG provides comprehensive financial management, risk advisory, and tax planning services. Their wide-reaching network allows them to serve large corporations, financial institutions, and government agencies in the Philippines and the Asia-Pacific region, providing top-tier solutions across various sectors.
P&A Grant Thornton
P&A Grant Thornton has built a strong reputation for its comprehensive accounting and advisory services since its establishment in 1988. As a member of the Grant Thornton International network, the firm specializes in financial audits, tax services, and business advisory solutions tailored to a broad range of industries. Their accounting team focuses on helping clients navigate the complexities of local and international financial regulations, offering services that prioritize compliance, efficiency, and financial optimization for both multinational and local companies.
RSM Philippines
RSM Philippines is part of the global RSM network and provides high-quality accounting, tax, and advisory services to businesses in the country. With a focus on mid-market enterprises, RSM specializes in financial reporting, internal audits, tax compliance, and risk management. Their team is known for delivering tailored financial strategies that help businesses improve efficiency and meet compliance standards. They cater to a diverse array of clients across multiple industries, offering expertise and solutions that align with both local and international business practices.
Reasons To Outsource Accounting To The Philippines
Did you know that finance and accounting outsourcing is the third most in demand outsourcing service in the Philippine outsourcing industry in 2023?
The main drivers that boost the Philippine finance and accounting outsourcing industry and put Philippine accounting firms on the map are the country’s progressive finance and accounting environment, its large skilled workforce, and the similarity of Philippine accounting standards with those of most Western nations.
Progressing Accounting Outsourcing Industry
Through the years, the Philippine accounting, bookkeeping, auditing activities, and tax consultancy have been on the rise, with the industry amounting to 0.7 billion USD in 2024. This statistic shows the reliability of the Philippine accounting economy, and its ability to support the accounting operations of companies in other nations.
Large Number of Skilled Accounts
There were over 200,000 certified public accounts in the Philippines as of 2023. With no shortage of accounting professionals, companies that outsource to the Philippines can easily find an accountant that matches their requirements in terms of experience, skills, and culture fit. This provides a great opportunity for companies looking for specialized skills to find great talent and maximize their efficiency through offshore support.
Similar Accounting Standards
The Philippines follows the Philippine Financial Reporting Standards (PFRS), which are closely aligned with the International Financial Reporting Standards (IFRS) used globally. By adopting PFRS, which is based on IFRS, the Philippines ensures that its accounting practices are consistent with international standards, making them comparable to those in other countries that also follow IFRS. This makes Filipino accountants adaptable in supporting accounting operations of foreign companies, minimizing learning curves and improving efficiency.
Outsource Accounting To The Philippines
The Philippines has a large pool of skilled accounting professionals, and hundreds of accounting firms to outsource to, but finding an outsourcing company that can meet your requirements and scale operations based on business demands isn’t easy.
At KDCI Outsourcing, we specialize in providing tailored accounting solutions to SMEs and corporations. We learn about your needs and build you an offshore accounting team in the Philippines that meet your requirements and can seamlessly integrate with your organization, ensuring smooth collaboration to help you achieve your business objectives. We also specialize in adapting to changing market demands and have designed our outsourced accounting services to scale with your organization.
Learn more about outsourcing accounting services to the Philippines. Contact us today!
